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Organizational culture plays a big role in employee health and productivity and, ultimately, customer satisfaction. More often than not, that culture trickles down from the top. Here are 15 CEOs who are among the highest-rated company leaders as ranked by their own employees, according to Glassdoor.
While based on a few fundamental concepts, retirement planning is constantly changing. Two big drivers of change are technology and federal regulations, says Nick Kralj, director of retirement and quality control at BCI Group. Here are five trends in retirement planning every retirement adviser, plan sponsor and participant should know about.
There was a lot of federal action this week concerning the insurance industry. The Supreme Court ruled to uphold ACA subsidies and the Senate introduced two bills, one aimed to give brokers equal access to marketplace enrollment information and another to separate commissions from MLR requirements. Heres what EBA readers had to say.
After Thursdays Supreme Court ruling upholding subsides on the federally-facilitated marketplace, the industry was quick to react. The Justices majority and minority opinions and those of advisers, lawyers and even the president reveal what it means for the Affordable Care Act, exchanges and employer-sponsored health care.
Prices are soaring for specialty drugs used to treat critical illnesses such as cancer, Hepatitis C and multiple sclerosis, as well as more common conditions like high cholesterol. Right now, employers are largely bearing the brunt of the cost, and health care experts and leading employer organizations like the Minnesota Health Action Group are looking for collaborative, sustainable, solutions to this challenging situation.
Aetna is eliminating broker commissions on small-group business in some states. That news generated a variety of reactions this week some were shocked, others werent, the move was condemned and also touted. Here are some thoughts from EBA readers.
The importance of understanding what drives a person is paramount in determining whether or not theyd be a good cultural fit within a company. Thomas Koulopoulos, founder of the Delphi Group, says the key in hiring the best people is to look for foundational traits that speak to their sense of purpose, what drives them to achieve, how they deal with failure and success, how they think, and why they do what they do.
Which brokerages have the most clients in the biggest industries in the U.S.? From construction to finance, education to manufacturing and more, EBA, in partnership with business intelligence data analytics firm miEdge, reveals the top three brokerages in 10 U.S. industries. The listing is based on Form 5500 Schedule A reporting data on premiums as of March 31, 2015.
As benefit advisers and administrators, its easy to understand that open enrollment entails far more than the exercise of actually enrolling employees in their benefits. The most successful open enrollments are the result of year-round continuous improvement through planning, monitoring, and communicating with employees. Here are five ways benefit advisers and professionals can help ensure a successful 2015 open enrollment, according to the HR tech firm Benefitfocus.
If you think millennials are a generation of young workers who cant be bothered to save for retirement, think again. Fidelity Investments has uncovered the following five myths employers and their advisers should be aware of to better engage and empower their growing millennial workforces:
The industry made headlines this week when Assurant announced its leaving the health insurance market and ADP filed a defamation lawsuit against Zenefits. Heres how EBA readers reacted to this weeks news.
With afternoon showers and sunny weekends, it must be summertime. Sadly, the days of elementary school are gone and those in the workforce notice little difference in the summertime months. However, employers have the opportunity to energize its workforce by providing some easy, inexpensive ways to boost morale and help employees have some summer fun, courtesy of Hallmark Business Connections.
From data integration capabilities to long-term ROI, there are six key questions that need to be answered before choosing a private exchange for your client or organization, says Bruce Sherman, medical director of Buck Consultants at Xeroxs private exchange RightOpt.
Many good employers want to provide a strong benefit package, and they want to do it in a way that complies with legal requirements. Yet, even an employer trying hard to do everything right can still face severe penalties because its so complicated to understand whats required, says HR solutions firm Infinisource, adding that this is where the assistance of a broker can be more crucial than ever. Why do employers need a broker? Here are nine compelling reasons, according to the firm.
Small companies cant always offer their employees the big paychecks or stock options that larger companies can, or even those innovative companies often cited as one of the best places to work. Still benefit advisers can work with employer clients to create a comprehensive benefit package and work culture that attracts talented employees. Four simple ways to win talent, according to Aflac, include:
Proposed rate increases from insurers and a speech by HHS Secretary Burwell spurred plenty of discussion about the Affordable Care Act this week. Heres what EBA readers had to say about the health care law.
Employee engagement is a buzz word for benefits professionals and more and more employers are looking at ways to increase engagement and enhance the companys bottom line. According to Dale Carnegie Training, the top three drivers of employee engagement are the employees relationship with his or her immediate supervisor, belief in senior leadership and pride in working for the company. Hannah Morgan, author of The Infographic Résumé and co-author of Social Networking for Business Success, says answering these following 12 true-false statement questions will help pinpoint areas for growth and help increase engagement at work.
In 2014, 31 million people had such high out-of-pocket costs or deductibles that they were underinsured, according to the Commonwealth Fund Biennial Health Insurance Survey. Many underinsured individuals have large debts and/or skip medical care because they cant afford it. Here are key findings from the survey:
The Affordable Care Act is spurring debate this week. With the legality of subsidies in question and the definition of the small-group market set to change, EBA readers weigh in on the potential impacts to the industry.
An increase in Department of Labor audits and the evolution of mobile capabilities are just two of the factors driving growth in the benefits administration space. Now more than ever, brokers need to help their clients picking the right ben admin provider, says Jennifer Daniel, VP at Businessolver. Speaking at a recent conference, Daniel, a former broker, shared five ways to ensure your clients find the right platform.