How to Build a Self-Funded Health Plan
Some employers may have held off on self-funding a health plan because they felt they were too small to service and couldn't do it on their own. However, transitioning from a traditional plan to a self-funded plan doesn't have to be a solo process. While …
Why Fully Insured Plans Only Benefit Carriers
The fully insured health plan model hasn't been working very well for employers or employees. Premiums keep going up, but benefits stay the same. Carriers have the data to help reduce employers costs — they just don't have the incentive. Fed-up employers are starting to …
Why Employers Are Giving Up on Fully Insured Health Plans
The tenets of a fully-insured health plan should be very familiar. Employers pay monthly premiums to a carrier for a menu of covered benefits. The carrier pays for healthcare out of those premiums, but employees also pay — sometimes so much that health insurance doesn't …
Help Employers Overcome Their Two Biggest Health Care Data Challenges
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“You get what you pay for” might hold true when it comes to sneakers or computers, but not for health care. Relative to other high-income countries, the United States spends nearly twice as much on health care yet has the lowest life expectancy, the highest …
The Cost-Saving Power of Health Care Data
It’s a common-sense, widely held business principle: What is not measured cannot be managed or improved. Yet, while most employers regularly capture and analyze data about everything from website performance to travel expenditures, few are doing the same for one of their largest expenses: health …
Why Transforming Clients’ Data Into Insight Is Critical
It's hard to imagine a situation where consumers would make a purchasing decision without extensive research beforehand. Consumers spend an average 79 days researching a major purchase before buying, yet once a year, they're expected to tick a box that will determine how much they …
How to Help Clients Build Resilience — And Why Advisors Should
Advisors are a valuable member of employers' teams as they try to find creative solutions to employers' healthcare challenges. As 2020 showed us, unforeseen challenges can present themselves at any time, and successful advisors need to be able to adapt to the pressures they face …
3 Ways to Help Employers Build a Culture of Health
Organizational culture might seem like an afterthought, something that happens accidentally or over time as a result of hiring certain people. Culture can certainly shift over time, but HR professionals play an important role in attracting the skills and personalities a company needs and preserving …
Open Enrollment Strategies for a Dispersed Workforce
With so many employees still working from home this enrollment season, it’s harder for companies to engage with workers about their benefits programs. Companies can’t benefit from informal channels like word of mouth. Email isn’t ideal for communicating complex topics, and with 62% of a …
3 Ways To Beat Zoom Fatigue
COVID-19 drove an unprecedented number of workers into home offices, leading some prognosticators to pronounce the end of the office as we know it. The level of uncertainty around returning to work would seem to belie that claim, as over a third of companies say …
