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The best bet for small and midsize companies is to engage an unbiased third party that neither sells insurance products nor receives commissions when its clients select insurance products.
One of the most powerful and effective opportunities is market segmentation. Here’s how to do it.
“I do have a lot of long-term worries about erosion of the employer providing group health insurance,” says one consultant.
Understanding workers’ different values and priorities can make advisers more consultative sellers.
Initiatives like Amazon, JPMorgan Chase and Berkshire Hathaway’s Haven may be key to improving drug transparency, says one PBM CEO.
Small- and medium-sized companies will have access to the software platform’s database of benefit advisers.
Initiatives like Amazon, JPMorgan Chase and Berkshire Hathaway’s Haven may be key to improving drug transparency, says one PBM CEO.
Algorithms and AI are helping streamline administrative tasks so employers can focus on what matters most.
The deadline for nominations has been extended. Honorees will be selected based on contributions to the field and work elevating women in the industry.
Account balances for workers who changed jobs were 60% lower than those who stayed with one employer for a four-year period, according to one study.
Algorithms and AI are helping streamline administrative tasks so employers can focus on what matters most.
The two companies are working together to administer HSAs, FSAs, HRAs and COBRA to employers.
Brokers are “being very myopic if they believe a once-a-year interaction with a client will be enough,” one expert says.
These offerings are a strategic recommendation that can fortify the relationship between a broker and their client.
The potential solutions will require employees to share a large amount of personal data. As a result, trust and safety concerns are inevitable.
Adding quality metrics on physicians is just one advantage for the benefits industry — if it manages to evolve from its paper-based roots.
Adding quality metrics on physicians is just one advantage for the benefits industry — if it manages to evolve from its paper-based roots.
Brokers looking to show their value can help employers manage benefit costs with these strategies.
The brokerage will offer One Drop’s digital health management tools to its 50,000 employer clients.
Advisers who spend time auditing sales strategy and finding ways to stand out can lead to new business before open enrollment.
