Benefit Insights | Dental Benefits

Dental Benefits Although long insulated from employers’ cost-cutting efforts because of their low price, the rising cost of health coverage is now affecting dental benefits, according to industry experts. Troubled by high rates of inflation in their medical plans, some…

Preventive Care Toolkit

This Benefits Toolkit is an employer’s introductory guide to preventive care. It provides a general overview of preventive services and their impact on employers as well as workplace considerations.

Understanding Your Explanation of Benefits (EOB)

After submitting a claim for medical treatment, you may receive an Explanation of Benefits (EOB) from your insurance company. The EOB is a form that insurance companies send to their members to explain what part of a claim was paid…

Understanding the Importance of Disability Benefits

Over the last few years, employers have been expanding their voluntary benefits offerings as a way to address their employees’ needs and improve overall attraction and retention efforts. While voluntary benefits have become increasingly important to employees as they deal…

THE REAL VALUE OF A VISION PLAN

In today’s market, attracting, keeping and caring for your employees can give you a competitive advantage. The value of offering a voluntary vision plan is that it can bring both financial benefits to your company and can be an outward…

5 Small Business Attraction and Retention Trends for 2023

Employers of all sizes are currently facing attraction and retention challenges. These challenges will likely continue through 2023. Successful efforts to win over employees can require a time investment and carry high costs. Unfortunately, small businesses often don’t have excess…

MLR

Health Care Reform: 90-day Waiting Period Limit

Beginning in 2014, the Affordable Care Act (ACA) prohibits group health plans and group health insurance issuers from applying any waiting period that exceeds 90 days. This waiting period limit does not require an employer to offer coverage to any…

8 Tips for Effective 2023 Open Enrollment Communication

Now more than ever, employees are looking to their employers for guidance on navigating their available benefits and how to stretch their dollars further. As such, effective open enrollment communication is critical this year. According to a Voya Financial survey,…