Taking an entirely generic approach to health plan communications is no longer a winning strategy. Personalized communications that offer a holistic look at plan benefits will do more to engage participants.
With April being National Financial Literacy Month, its an ideal time for employers to encourage healthy financial habits among employees. According to a Harris poll, 44% of employees worry about personal finances while at work.
Todays world of streamlined corporate processes and technology has begun to force out the traditional administrative and support staff roles in favor of a workforce that is more nimble. However, the elimination of traditional jobs is being met with some controversy.
Rising interest rates and strong stock market performance have improved funding ratios for DB plans and created an environment in which plan sponsors can and are acting decisively to mitigate risk.
The Affordable Care Acts ongoing rollout continues to plague employers as many look for alternative benefit structures to help with rising costs. The defined contribution benefit model touted as a way to lower costs for employers and increase choice for employees is generating lots of discussion but are employers ready to take the plunge?
Everyone appreciates a little recognition for their professionalism, their dedication to their work and to their employees ... and the world of benefits decision-makers is no different. Its once again time to take a moment and see if this is the year you or one of your colleagues might be the right pick for our annual Benny Awards.
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