Benefits Think 4 areas where advisers can make a difference for clients
Brokers have work to do on prescription drug costs, price transparency and more, says Mercer’s George Lane.
Brokers have work to do on prescription drug costs, price transparency and more, says Mercer’s George Lane.
Employers need to analyze their workforce and then find out from employees – through whatever means possible – what benefits are working for them and which aren’t.
Nearly 40% of workers are considering leaving their current employers, new research shows. Advisers can help employers craft a plan to minimize the consequences of high voluntary turnover.
Commentary: If your New Years wish is for the demise of the excise tax, be careful what you wish for, says Mercers George Lane.
Mercers George Lane on why life and health agents should consider being in the financial services industry.
Post-election, for those who were waiting for something to happen that might change the course of health reform, you can stop waiting. A recent Mercer study found 15% of clients were waiting on the election to start implementing health reform, anticipating a change in administration would either repeal it, fundamentally change it, or roll back some of the provisions – which was probably more feasible. That not being the case, I think everybody out there should start making plans for 2014 based on the law as we know it.
I've written previously about wellness and health management, but since it's a topic that comes up in virtually every client planning meeting I have these days, it seems worth revisiting. The biggest challenge facing HR professionals looking to devote resources to wellness initiatives at their workplaces is responding to the question, "What's the ROI?"
Sure, there's the obvious medical, dental, life, disability, 401(k). Over time, things such as legal, auto/home and, yes, pet insurance, have been added to the list of employee benefits.
It was just last March when the Patient Protection and Affordable Care Act was signed into law. Now, one year later, the one thing that seems to be most certain … is that nothing is certain at all.