Benefits Think

Advisers should be asking themselves how to stay relevant and keep up with the kind of technology that can help them better serve their clients.

Many workers aren’t using their pre-tax dollars as wisely as they could. But employers can help them avoid inappropriate care with tools that support informed medical decision-making.

Inaccurate or incomplete information has incorrectly identified business owners as failing to satisfy healthcare coverage requirements.

HR departments need to think about how they can meet their human capital management needs.

How brokers and technologists should be advising clients about their human capital management needs.

The alternative strategy is ideal for companies that like the idea of self-funding but want to keep the safety and stability of consistent premium payments.

For companies, the arrangement can mean a healthier workforce, better care for their employees and less money spent paying for employees’ medical bills.

Advisers paid on commission often have conflicting interests. Performance-based pay resolves them in the clients’ favor.

The best way for plan sponsors to keep missing retirement participants to a minimum is to adopt auto-portability for accounts with less than $5,000, and actively encourage account consolidation among those with larger balances.

By understanding what workers need — then designing offerings to meet those needs and targeting communications by workforce segment — employers can reduce turnover, improve productivity and increase employee satisfaction.