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Between helping create plan designs, selling products, annual enrollment and ensuring compliance with the Affordable Care Act, benefit brokers are busy people.
The Bothell, Washington-based company, Vertafore, which provides cloud-based insurance software and services, said Thursday that its benefits management solution, BenefitPoint, has new capabilities designed to help independent agencies streamline their business.
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In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
Collaboration between employers, brokers and third-party administrators will be essential to developing customized, cost-effective and employee-friendly solutions.
Bringing a procurement partner into the benefits planning process can offer greater insight and negotiation power, helping to reduce overall costs.
The needs of women continue to outpace organizations' inclusion efforts, which will be costly if unaddressed.
Gap coverage, supplemental benefits and options for various types of workers can help avoid cost shifting and still provide support.
