Articles
Hospital Indemnity Insurance a Key Voluntary Benefit
Most employers offer major medical coverage to their full-time employees. But that still leaves workers and their families with significant exposure to financial hardship in the event of a serious medical emergency. For example, even with insurance, treating a broken...
New Approaches to Managing Health Care Costs, Improving Outcomes
As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. Some of the strategies require a...
New Tech Platforms Help Employees Navigate Their Benefits
More employers and health plans are offering new online tools to help their employees better navigate their health care and group plan benefits, which are often a source of confusion and frustration for many American workers. These tools, known as navigation...
Benefits in a Multi-generational Workplace
With multiple generations working side-by-side in this economy, the needs of your staff in terms of employee benefits will vary greatly depending on their age. You may have baby boomers who are nearing retirement and have health issues, working with staff in their 30s...
Executive Benefits Plans Help You Attract, Retain Top Talent
As more and more C-level executives retire and the market for more upper-management talent shrinks, employers are increasingly having to offer more aggressive benefits and compensation packages to attract and retain them. While you may provide 401(k) benefits to your...
J&J Sued Over Contracting with PBM that Overcharged Health Plan, Enrollees
A new area of potential liability for employers was recently opened when a class-action suit was filed against Johnson & Johnson, accusing it of mismanaging its pharmacy benefit manager plan, resulting in the health plan and its enrollees overspending millions of...
Report Details 3 Trends Driving Employers’ Health Care Costs
Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. The "2024 Employee Health Trends" report by Springbuk, an...
Four Admin Errors That Can Make Employers Overpay for Coverage
One often overlooked cost driver to your employee benefits plans is administrative errors and oversights that are the result of sloppy record-keeping and a lack of checks and balances among your account and human resources teams. If you are not diligent in keeping up...
Spread the Word About Additional HSA Contributions
If you have staff with health savings accounts, they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. HSAs allow your employees to put away funds to pay for future medical expenses....
The 2024 Cyber-Security Threat Landscape
The cyber-security landscape changes constantly. This year, experts are predicting greater threats to business computer networks and individuals seeking to keep their information private. For employers, it's important to stay on top of these threats so that they can...
Manage the Risks of EV Charging Stations at Your Business
The growing popularity of electric vehicles is encouraging businesses to install charging stations in parking lots for their employees and visitors. Commercial real estate owners and investors are always looking for ways to increase the value of their properties....
Protect Your Workers’ Eyesight with Proper Design, Vision Benefits
One of the by-products of the digital revolution – with most people staring many hours each day at tablets, smart phones and computers – is eye strain. According to The Vision Council, the average U.S. adult spends more than two hours a day looking at electronic...