It’s March—and you know what that means. The madness has begun. No, we’re not talking about March Madness basketball. We’re talking about the rush of tax season, especially for businesses when it comes to making sense of tax-efficient health insurance benefits.* So, how can you create a win-win for employers and employees this tax season? Here’s a closer look at how supplemental health insurance benefits can be a slam dunk, now and all year long. The advantages of supplemental health insurance benefits Not all benefits are created equal. Certain supplemental health insurance plans can layer ov ..read more

As employers and advisers start a new year, the focus shifts to understanding the evolving landscape of employee benefits. Navigating through the unknowns and making necessary adjustments requires a strategic approach with benefit flexibility. Investing in the right employee health benefits can drive better outcomes, for employees as well as for the business. To guide employers and advisers on navigating the new year, we’ve compiled 5 key 2024 employee benefit trends, as well as why they matter. Let’s dive in. 5 Employee Benefit Trends to Watch in 2024 Trend #1: Managing Cost-Sharing In the fa ..read more

With a new plan year just weeks away, many employers and advisers are bracing for change. Primary plan changes may help to manage health plan costs, but they can also affect recruitment and retention. This is because talent continues to prioritize benefits. In fact, research reveals that nine out of 10 employees would prefer quality healthcare benefits to a pay raise.1 In addition, as employees continue to consider the connection between work and well-being, more employers are considering or expanding benefits that support holistic health and well-being.2 Sure, employers have options when it c ..read more

It’s that time of year again: pumpkin-spice everything, scary costumes, fall color…and open enrollment just ahead. Employers must make final decisions about the benefit plans to offer talent next year. This is where expense reimbursed insurance plans come in. Though HDHP/HSAs have more employer uptake than ever, it’s essential to be proactive about the shortfalls and downsides of these employee benefit plans. Doing so can help employers reduce employee financial strain and retain talent. In this article, we will look at how adding on truly innovative expense reimbursed insurance plans can help ..read more

Over time, supplemental health insurance has become interchangeable with voluntary insurance in the minds of many, both brokers and employers alike. Years of miscommunication and inefficient marketing have led to this misconception which, unfortunately, has a very limiting result. In actuality, supplemental insurance does not equal voluntary insurance, and this misinterpretation completely cuts out another sub-category of supplemental insurance: expense reimbursed insurance. Let’s take a closer look. What’s the difference between voluntary benefits and supplemental health insurance ..read more

Summer is winding down, which can mean only one thing: benefits busy season is just ahead. With its approach come burning questions around employee benefit trends: What does talent want? How will inflation affect cost containment? And how should employers and advisers prepare? In this article, we share an overview of emerging employee benefit trends projected to shape 2024, and how employers can deliver to attract and retain talent while also balancing health plan costs. Let’s dive in and get ahead of busy season this year with a check in on employee benefit trends.  Market forces and emp ..read more

Are you providing your employees with the healthcare benefits they truly desire and require? Before you answer with a confident “yes,” consider why employee benefits play are important in retaining employees. Research reveals that two-thirds of employees want to assess new company benefit offerings before deciding whether to stay or explore opportunities elsewhere.1 While closing coverage gaps in primary health insurance plans, such as deductibles, coinsurance, and co-pays, is essential, enhancing benefits can go a long way in attracting and retaining employees. Now is the perfect time to eval ..read more

Summer is a great time to de-stress with vacations, sunshine and … Executive Physicals? It’s true. This season can be a good opportunity for executives and strategic leaders to prioritize their well-being through a comprehensive physical with top-to-toe assessment. Here’s how Executive Physicals can protect your top talent—and why the summer is a great time to get started.  What is an Executive Physical? Executive Physicals are comprehensive physical exams that incorporate a thorough review of a patient’s health history, blood work, vision and hearing tests, and other exams and tests. Thi ..read more

You’ve probably noticed that stress and anxiety levels seem to be up at work. After three years of historically high stress, employee health and well-being are still under siege—and it’s affecting how workers feel and perform at work. This is where mental health awareness in the workplace comes in. According to new research,1 financial stress and economic uncertainty are the primary threats to employee health and well-being. Insights reveal that 92% of employees are stressed about their finances, and it’s hurting their relationships and mental health. It’s also damaging productivity at levels ..read more

Are your benefits helping you attract and retain talent? Or are they a stumbling block for your recruitment and retention? Across industries and roles, employees are rethinking what they want from work, including from their employers. This shift is shaping their expectations about everything from where they work (remotely, in the office, or hybrid) to their benefits. It’s also enhancing the importance of employee benefits. Employers that can enhance emotional connection and engagement through benefits that have an edge—and it can help them attract and retain talent. This article looks at why e ..read more