Employers and employees have different perspectives when it comes to discussing benefits, and benefit advisers can help close that gap.
Narrow networks of health care providers offer new ways for employers and health plans to control the costs of care. But many of these networks are being constructed without regard to the value they deliver, says Scott Wallace, visiting professor at Dartmouths Geisel School of Medicine.
Health care reform has changed the role of the adviser from insurance broker to that of a trusted adviser, counselor and compliance guru. Advisers hoping to thrive in this new environment will embrace the change less as a burden and more as an opportunity.
Global information and measurement company Nielsen reveals how implementing a measured communication approach both on the ground and in the cloud during open enrollment worked wonders for the companys internal employee ratings.
Pick the wrong technology provider, and youll be fighting fires and frustrating employees every day, no matter how Amazon-like the shopping experience is for the end user.
With the advent of the Affordable Care Act, strategic planning for benefit plans has taken on a new level of importance. Yet very few employers have a strategic plan in place for benefits, said Bill Hembree, CEO, Health Research Institute during this weeks Benefits Forum & Expo in Boca Raton, Fla.
Health care reform has presented employers plenty of new challenges to grapple with when it comes to offering health care coverage, and, many say, has expanded the critical role of benefit advisers who heed the call.
As more and more companies are flooded with administrative duties due to the Affordable Care Act, cloud-based HR and benefits systems such as Zenefits are starting to gain a substantial hold in the employer market.
Premiums for health plans purchased on the Affordable Care Acts Small Business Health Options Program exchanges were slightly cheaper than plans only offered elsewhere, a recent study found, but advisers say the study misses the big picture.
The Employer Measures of Productivity, Absence and Quality program, originally launched in 2001, is getting a new life after a two-year pause thanks to the National Business Group on Healths partnership with Truven Health Analytics.
The American Benefits Council has introduced its strategic plans for health and retirement policy, providing 46 specific regulatory recommendations for Congress to consider in easing the burdens on employees, employers and government agencies.
Commentary: Despite perceived cost savings, most narrow networks have actually missed the opportunity to improve value and their lack of transparency threatens to unleash a ferocious consumer backlash, says Dartmouth's Scott Wallace.
Walgreen Co.s director of health, benefits and wellbeing knew his company, like most in the U.S., was on an unsustainable path of increasing health care costs combined with employees who didnt focus on their wellbeing. But when the companys senior directors started thinking about moving employee health care offerings to a private exchange, he was adamantly against it.
Simeon Schindelman, CEO and chairman of private exchange provider Bloom Health, outlines why accountable care organizations are appealing and cautions employers to be very clear with employees about the tradeoffs.
Last week Apple unveiled its Apple Watch and Apple HealthKit app to much fanfare. But how these new technologies will fit into or transform the health care landscape remains to be seen. Catch up on EBAs coverage and analysis of the event to see how these new technologies could impact the benefits business.