Insurance

With an emphasis on pounds lost, rather than healthy, sustainable behavior change, traditional programs can leave employees feeling discouraged and disengaged.

Worker have been slow to move online for medical visits, but research shows employee utilization rates soar when co-pays are eliminated, says Willis Towers Watson’s Allan Khoury.

How advisers can help employers attract younger workers with this non-traditional worksite product.

Employers are already swamped enough dealing with a litany of benefit issues. That’s why, a panel of plan sponsors explained at the NAPA 401(k) Summit, they are looking for benefits help from their advisers.

Encouraging employees to purchase critical illness insurance encourages them to become better educated about their benefits plan, according to Sun Life’s Bryan Burke.

With an emphasis on pounds lost, rather than healthy, sustainable behavior change, traditional programs can leave employees feeling discouraged and disengaged.

Employers are already swamped enough dealing with a litany of benefit issues. That’s why, a panel of plan sponsors explained at the NAPA 401(k) Summit in Nashville, they are looking for benefits help from their advisers.

California’s paid family leave benefits will increase to 60% or 70% of weekly normal earnings beginning in 2018, but as a result of a city ordinance, San Francisco employers will have to top up these benefits to 100% of salary for some workers.

With another tax season come and gone, companies should weigh their options when expanding the workforce in Q2.

Worker uptake of the benefit has been slow, yet research shows utilization rates soar when there is no employee co-pay, according to Dr. Allan Khoury of Willis Towers Watson.

Purchasing critical illness insurance for employees and offering them the option to buy more encourages them to become better educated about their benefits plan, according to Sun Life’s Bryan Burke.

The knowledge that their employers are paying the claims of the plans can dramatically change employees’ entire outlook on health benefits and total compensation, says CBIZ's Zack Pace.

As it stands, the medical loss ratio could eliminate agent commissions and may force brokers out of business, Scott says.

Delivering the right message can make skeptical employees active participants in a well-being plan, says Viverae's Mike Lamb

CEO Rob Butler says the offering his company recently unveiled bundles onboarding, private exchange, ben admin, and other functionality

It’s important to educate employers and workers about available HSAs, HRAs and FSAs so that employees can get the most out of them.

Big data will lead to better informed plan recommendation engines, resulting in more educated benefits decision-making and a better user experience for employees, says Businessolver's Jon Shanahan.

Brokers who adopt a consultative sales approach will enjoy stellar growth and set themselves apart from their competitors.

Big data will lead to better informed plan recommendation engines, resulting in more educated benefits decision-making and a better user experience for employees, says Businessolver's Jon Shanahan.

A fluctuating insurance industry presents several challenges for brokers to overcome, says broker Stephanie San Antonio of SSA Insurance Services.