Benefits Think

If employers can’t find solutions to their benefit challenges, they’ll look for new providers and technologies that can help.

Challenges include vetting vendors with programs that can help while navigating regulatory, tax questions, says Willis Towers Watson’s Randall Abbott.

To gain control of the consultative selling process, advisers must think like a physician, says Bottom Line Solutions’ Nelson Griswold.

To reduce healthcare prices and improve care, a better approach would be to invest in technology that makes cost and quality data more transparent, says adviser Mark Gaunya.

To help improve employees’ financial prospects post-work, plan sponsors should look beyond the typical metrics of 401(k) contribution and participation rates and concentrate instead on a comprehensive financial wellness approach.

Benefit managers often struggle to figure out where to start the reasonable-accommodations process and when or how to bring in outside resources to help.

Often overlooked, handbooks are an important form of documentation that the IRS or DOL will most likely request during an audit, says attorney Patricia Moran.

To reduce healthcare prices and improve care, a better approach would be to invest in technology that makes cost and quality data transparent to consumers, says Mark Gaunya.

The common rationales for separating them into silos are no longer applicable, according to Eric Helman of Hodges-Mace.

Challenges include finding and vetting vendors with programs that can help and navigating regulatory and tax questions, says Willis Towers Watson’s Randall Abbott.