While insurers have a couple more years to prepare for the individual mandate and health exchanges, according to a new Gallup poll, effects of the Patient Protection and Affordable Care Act on 18- to-25-year-olds can already be seen.
There are three changes influencing voluntary benefits so the one size fits all benefits strategy in the workplace no longer works, says Elizabeth Halkos, chief marketing officer of Purchasing Power. Watch as she explains why communication is a huge part of the sales process for brokers and how they can easily show employers and employees the value of a benefit.
Life Insurance CFOs primary business concern is the current low interest rate environment, according to Towers Watsons recent survey. However, according to the survey, they are more optimistic about improvements in their financial results.
Leading insurance carriers have withdrawn from the group long-term care insurance market, prompting employers to think twice about implementing new programs are we witnessing the death throes of worksite LTC?
If you are looking for an idea that can capture the attention of employers, consider helping them provide employees the means to bridge the gaps in their medical plan. I have identified five distinct gaps that, if addressed, can create a huge sales opportunity for group health agents.
In its annual review of employer attitudes toward health plans, J.D. Power and Associates finds that although fewer than 15% will drop health coverage altogether, close to half of companies are likely to shift health benefits to a private exchange model.
Women whether theyre a working or stay-at-home mom, single or married are most at risk both financially and physically when it comes to disability, according to a new study conducted by The State Farm Center for Women and Financial Services at The American College.
In a business environment marked by increased customer demands, insurers have been forced to continuously monitor and revise their distribution strategies. One of those strategies is to provide excellent service to the producer as a way to retain and grow business. According to a new report issued this morning by Celent, from January 2010 to March 2012, more than 50 insurers across the life, annuities, health, or property/casualty industries licensed new systems that contained commission and producer management functionality.
Employers around the country are waking up to a serious and unexpected problem with their health care flexible spending accounts. The health reform law enacted several years ago quietly limited these popular “FSA” benefits to $2,500 per year, effective January 1, 2013. But the express terms of the law conflict with the explanation provided by Congress, and many employers have been scratching their heads trying to figure out when plans must be changed to meet
Almost half (49%) of U.S. workers are at least somewhat likely to look for a job this year, but there is undeniable evidence linking benefits offerings and employee loyalty, according to the 2012 Aflac WorkForces report.
Several insurers were recognized with awards for their use of 'plain language by the Center for Plain Language, a nonprofit organization that wants government and business documents to be clear and understandable.
Benefits are typically structured to reward and motivate employees who stay at the company for the long haul. For example, retirement rewards and paid time off usually get sweeter as time goes on. Dangling a long-term benefits carrot makes sense for driving retention right? Perhaps not when it comes to Gen Y workers. As companies focus on attracting and keeping a pipeline of Gen Y employees, I maintain that, when it comes to benefits,
Controlling employer costs for health care benefits is a top priority among finance executives, according to a new study.
Nearly three in four Americans say they are concerned about their ability to support themselves should they become unable to work due to a disability.
Pharmaceutical companies, which were spared some of the more sweeping regulations in President Barack Obama's health care overhaul, could come under more pressure if the U.S. Supreme Court strikes down part or all of the 2010 law.