As healthcare cost increases and coverage decreases, a gap is created. What now?
While others may have enjoyed a nice Valentine’s Day with friends or loved ones yesterday, your mind is other places. That’s because you know there’s no money left for chocolate and flowers thanks to all these rising health costs! February is the time when you’re starting to feel the effects of high deductible health plans [...]
It’s officially 2017, and the question on everyone’s mind is, “What is going to happen with healthcare?” The impending change in presidency has brought much uncertainty to the industry, specifically regarding the Affordable Care Act (ACA). While experts continue to speculate what will shift and how to plan and prepare, we wanted to take this [...]
Employees expect their healthcare insurance plans to protect them by providing coverage for health expenses when they need it. Otherwise, they wouldn’t be able to pay for treatment and would be either left unhealthy (due to being unable to receive the treatment) or in serious debt (due to having the treatment despite not being able [...]
In a recent post, we covered the value of an insured product versus something that may act similarly, but is not technically insurance. You can read the details here, but in short, insurance delivers much greater value because of its ability to ebb and flow. We also explained that while primary insurance plan premiums are [...]
Let’s take a minute to address insurance. We all know what it is, but sometimes understanding the value in an insured product versus something that seems like insurance is difficult. Insurance can be described as an arrangement that provides risk transfer and protection against a possible eventuality. Yes, that may sound a little theoretical, but [...]
Benefits play a big role in recruiting and retaining key employees who make an important impact on company performance. And since we find ourselves in a job seekers’ market with more job opportunities than before, it’s crucial to keep a mindful eye on the competition and what they’re offering. It’s easy to get into a [...]
The job market is changing—namely supplying more job options for jobseekers to choose from. For the employer, this means less eligible talent available. That’s why companies need to work harder than before to make themselves attractive to the talented employees they set their sights on and competitive with other companies in their industry. According to [...]