Ways for Employers to Manage Pharmacy Spending
Pharmacy costs have been rising significantly over the past few decades, impacting employers and health plans. Several factors contribute to the increase in pharmacy spending, including new drug development, patent […]
Emergency Savings Accounts (ESAs): How New Legislation Can Help Employers Attract and Retain Employees
Emergency Savings Accounts (ESAs): How New Legislation Can Help Employers Attract and Retain Employees By: Kevin O’Toole , Consultant- Health & Employee Benefits It is no secret that we are […]
Is Your Business Growing to 50 or More Employees? Here’s What You Should Know!
It’s only natural that growing, healthy companies and organizations need to hire additional employees. If you’re approaching 50 or more employees, however, it’s important to understand what that means. For […]
Does Your Benefits Package Include These Current Features?
Companies that don’t select top-tier benefits packages are likely to lose employees regularly. For many workers in the U.S., the advantages of job-hopping tend to outweigh company loyalty. While employees […]
What are High Deductible Health Plans?
A deductible is an out-of-pocket cost an individual must pay before a health plan covers any expenses. When choosing health insurance, most individuals are faced with a choice between low-deductible […]
401(k) & HSA Contributions: How Can Employees Get the Maximum Out of Both?
Many employers offer both 401(k) and HSA accounts to their employees. Since two different kinds of professionals typically handle these accounts, they’re rarely spoken about together. As employers, we can […]
This Year’s Open Enrollments: What HR Professionals and Employees Need to Know – Before, During, and After
Whether your programs are renewed in January, July, or another time this year, the 2023-2024 Open Enrollments are here! As an employer, this means a few hectic months spent trying […]
How Employers are Navigating Paid Family Leave in 2022
Whether a parent needs to care for a newborn, assist an elderly relative, or recover from an injury, there may be times when a worker needs extra time off. We […]
Broker Selection Best Practices
Finding a good health, employee benefits, or retirement plan services broker can sometimes be challenging. In today’s world, there are so many versions of this particular role. A new KFF analysis that […]
DIY (Do-It-Yourself) Self-Funded Health Plan
Many organizations with under 500 employees are still leveraging a health plan without frequently evaluating the underlying financing strategy of the plan. This can be a costly oversight once they […]