The landscape of pharmacy benefits for employers with self-funded plans is undergoing seismic shifts, driven by several major trends that have substantial financial implications. Based on a review from the Kaiser Family Foundation of over 3,911 drugs, over 50% experienced price increases at or above the rate of inflation between…
Read MoreYou might have heard the terms care navigation, advocacy, concierge and care management. They all pertain to helping individuals understand their benefits and properly use healthcare services. Though this isn’t a new concept, it continues to gain traction in the employee benefits ecosystem. This segment of the benefits industry was…
Read MoreEmployee benefits are a vital component of any organization’s talent management strategy. Done well, they help attract top talent and contribute to employee satisfaction and retention. However, with great benefits come great responsibilities, particularly in the realm of compliance. Here are four reasons your company should make compliance a priority.…
Read MoreDon’t assume that an athlete’s personal insurance (their general liability from a homeowner’s policy or personal umbrella coverage) or even the league itself will cover a player promoting their celebrity off the field. It’s important to know that this is NEVER the case, but insurance products are available through select…
Read MoreAs fall turns into winter, we lose daylight, and the weather creates challenging road conditions: one of the biggest winter risk and safety concerns. Review the following quick risk management best practices to support safer winter driving for yourself and your employees: Give yourself adequate time to reach your destination. Allow for an…
Read MoreLosing your home to a fire or severe weather is stressful enough. The last thing you should have to worry about is not having enough insurance to rebuild it or to be fully reimbursed, but such worries are becoming more common as replacement costs have skyrocketed. So, why is it…
Read MoreFor many people, this is the most wonderful time of the year. With the holidays right around the corner, we’re preparing for get-togethers with family and friends and filling up our calendars. But, before you buy the turkey or start chipping away at your gift list, you may need to…
Read MoreIf you had to rank in order of importance the top three group welfare benefits an employer could offer an employee, what would they be? Perhaps number one would be medical, number two would be dental and number three would be vision. Would long-term disability rank in your top five?…
Read MoreMatt Miklos of UROne Benefits™ explains why and how Medicare Advantage Plans may benefit employees and employers alike. One of the more confusing and complicated decisions an employee has to make is what to do when they or their spouse turn 65 and become Medicare eligible…especially if they choose to…
Read MoreIn the complex landscape of employer-sponsored health plans, one area often overlooked but ripe for scrutiny is prescription drug coverage. As health care costs continue to soar, smart businesses are reevaluating their approach to this essential component of employee benefits. By unearthing the hidden intricacies of prescription drug expenses and…
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