Banco Popular de Puerto Rico

Can you imagine a world where the “new norm” required insurers and providers to disclose what they charge upfront? Read as Mark Gaunya, president of the Massachusetts Association of Health Underwriters, shares two specific messages he took to the Hill at the Cap Conference and the outcome.

Do you have an action plan for complying with the Wage Theft Protection Act by February 1? Read in today’s BeAdvised as EBA contributor Ken Moyle shares three areas New York employers must comply with under the WTPA.

Is every business a potential client? The answer depends on who you ask and where you are in your business evolution. Thinking back to my humble beginning . . . every business was a potential client. If they were moving I went after them! There was no target market. There was no ideal size, industry or appropriate corporate culture. …

This month I wanted to discuss strategic alliances as a strategy for broadening your practice capabilities and potentially changing your business model. In an ideal world, a strategic alliance will permit you to enhance your value proposition and your client offering without having to build or buy the resources, skills, and capabilities. Are any of you contemplating an alliance right now? It seems like it is a timely topic and that it’s prudent to at…

Happy New Year! Are you pumped up for the New Year? Okay, I have to admit I am running out of juicy material for my ethics blog posts. So here’s my request for help from you. Leave your responses in the comments. In your opinion: What ethical issues does our industry need to address? What is the biggest ethical challenge you have ever faced? Do you have an ethical challenge in your business practice now? What do you feel is…

Did you make a resolution at the start of this year? If so, you’re in good company. About 4 out of 10 Americans make resolutions each year. While you are setting goals to lose weight, exercise more, and spend more time with the kids, how about making one or two resolutions that can help you and your client improve your benefits communications? Here are a few ideas to…

Question: Amid all the changes the health insurance industry is undergoing, are there any trends in 2012 that brokers and agents can embrace to counter shrinking commissions and evaporating accounts? It’s been almost two years since the enactment of the Patient Protection and Affordable Care Act and employers are still looking for solutions to their health benefits concerns. As a result, I see two major trends defining both the economic environment and the business opportunities that…

In this election year some of your clients are liable to get caught up in the frenzy. Read in today's BeAdvised as Mercer's George Lane explains why you need to be the voice of reason amid the noise and serve as your clients’ fact checker.

Do you remember when you started out in sales? What was your first week or month like? I remember like it was yesterday. I wasn't really sure what was going to happen or what I was really suppose to do. When the stock market opened at 9 a.m. I thought the phone was going to start ringing with people wanting to buy stocks. How wrong I was. I remember being really nervous, scared, unsure, and…

In the last four years, a new and highly effective service, Telemedicine, has evolved that can reduce medical claim costs by $70 per month per employee. Unlike wellness programs, where employers attempt to change the employees’ and their dependents’ lifestyle, the Telemedicine results start immediately and is quite simple. History of broker efforts to reduce claim costs …