Banco Popular de Puerto Rico

With the recent Supreme Court ruling now finalized and the minimum essential health insurance provisions in place, companies have begun to ask us “What’s next?” or “What will the financial impact be for our company in 2014?” My belief is that by taking a proactive approach to the individual mandate and understanding the impact on your company’s financials, you will be able to make that critical decision whether to continue offering a group health care…

The recent ruling of PPACA has created even a greater need for accurate benchmarking data proving the age old adage that if you can’t measure it then you can’t manage it. Advisers armed with information that drills down through national, regional, state, industry and company size will be better prepared to assist larger employers with employee acquisition and retention, and helping smaller employers make intelligent decisions on whether or not to pay or play. …

Today, this one market is estimated to be a $40 billion industry in the United States, says EBA contributor Sam Fleet. He shares in today’s BeAdvised why approaching this market with a broader view can provide an opportunity for brokers to adapt their business models and thrive, especially as the new health care landscape takes shape.

The recent Supreme Court ruling came as a surprise to a number of people, maybe even most people. However, even among those who expected all or some part of the law to be overturned, about half of them, according to a survey of 4,000 employers by Mercer, were ants, in that they had already started to make preparations for the requirements of the law.

This blog covers how to manage the changes insurance and benefits agencies are making as a result of a changing business model. One of the questions we hear a lot in these discussions is “Whose responsibility is that?”

Talk about hogging the spotlight! Washington DC is driving the uproar around the reaction to the recent Supreme Court decision and all we’ve been seeing in the national media is coverage of the political ramifications. What does this mean to the political landscape? What’s Obama saying? Romney? Sure, the recent decision will define the road to election 2012 in November. It’s a landmark decision. We get it. …

There is a lot riding on the Supreme Court’s health reform decision for all stakeholders. Brokers and consultants need to be prepared to advise their clients, says EBA Advisory Board member Mark Gaunya, who highlights what you should be thinking about while we wait for the decision.

“If it ain’t broke, don’t fix it” is that cliché describing what we typically do. We tend to react to things that are broken rather than anticipate and deal with things before they’re totally broken. Tom Peters eloquently coined the expression “the enemy of great is good” in his best seller Good to Great. How does this apply to all of us in the employee benefits business? It doesn’t matter if you are a producer, account…

Communication is not just important for business … it is essential for the very existence and operation of any business. A benefit adviser must transfer its knowledge to clients as well as receive information – communication consists of a mutual exchange. With the advent of technology, we have cell phones, video conferencing, and emails. However, how we use these avenues is the question we must ask ourselves. …

I know you can think like an employer for your employees, but what about the perspective of an employer, as in one of your clients? In the past I have written about centers of influence, advisors’ value proposition, and strategic alliances. All of these topics are necessary for advisers to concentrate on as we maintain and develop our clients and our business. But have you really thought about the adviser role wearing the “employer hat”? …