Benefit advisers working with small to mid-size employers to boost benefit participation can focus on cost-saving measures and enrollment and education activities that larger companies are more inclined or able to invest in.
Benefit advisers hoping to stay ahead of the trend of employers transferring some of the burden of increased health care costs to their employees, should be prepared to discuss a variety of new and old cost-sharing strategies, as well as additional cost-saving tools.
Commentary: Benefit advisers and their employer clients continue to have questions about private exchanges. Blogger Dan Garlitz shares some recent FAQs fielded by exchange administrator bswift.
The move to a private exchange could be difficult for employees who generally are not accustomed to making benefits plan decisions for themselves, or who balk at the potential of an increased out-of-pocket burden. Its incumbent upon employers to guide them through the transition to help them accept the idea that having more power and choice is a good trade-off to taking on more risk.
Employees are increasingly dissatisfied with their benefits, and therefore dissatisfied with their employers, but new research shows better benefits education can help.
Employers say the Affordable Care Act is driving the costs of their medical plans higher, according to a new survey by accounting firm Cherry Bekaerts benefits consulting unit.
The DOL says employers reacting to the Supreme Courts Hobby Lobby ruling by canceling contraceptive coverage will be required to notify their employees of the change, an important administrative note for benefit advisers working with employers electing to do so.
Commentary: Columnist Jerry Kalish discusses the ins and outs of cafeteria plans, which may be seeing a rise in interest due to the ACA.
With health care costs continuing to rise, its no surprise to benefit advisers that their employer clients continue to seek benefit solutions that shift some of the cost burden to their employees and new data reveals that trend shows no signs of stopping.
Few small business employees say they are satisfied with their companys benefit offerings revealing a need for benefit advisers to work with employers to create more comprehensive benefit packages with employee needs in mind.
Ann Mond Johnson, chairman of the board of managers at ConnectedHealth, a private health care exchange, discusses two components of health care consumerism -- choice and transparency -- and how benefit managers can foster better health care consumerism among employees.
The statistics on type 2 diabetes are staggering but the condition that precedes it presents a window of opportunity for employers to have a real, positive impact on employee health.
An increase in the offering of consumer-driven health care products has not translated into increased understanding on the part of consumers exposing a need for more assistance from benefit professionals and educational tools.
As media interest in health insurance exchanges decreases over time, the insurance industry may need to develop more effective communications to reach the uninsured.
The six most popular insurance plans on the New York state health insurance exchange are seeking double-digit increases in their premium rates for next year, with an average request of a 14.6% rate hike.