June 19, 2023
For many consumers they don’t see the value of health insurance until they are sick. So as an employer and an advisor, it is important to market the benefit before it comes to the extremes. See below the importance of this high-cost benefit. Financial Protection: Health insurance provides financial protection against high medical costs. Medical …
June 6, 2023
Well, I am confident in saying you are living under a rock if you have not heard of AI and all its many impacts it is having in our old world. Both good and bad, today I am going to be addressing how it is going to impact our ever-changing and difficult healthcare system. …
February 28, 2023
Gene Therapy Drugs What are they: Gene therapy drugs are medications that use gene–based techniques to treat diseases or medical conditions. They involve introducing genetic material into cells to replace or suppress malfunctioning or missing genes. This can be done through a variety of methods, such as viruses carrying the desired genetic material, or through …
February 14, 2023
Gap Insurance 101 Gap medical insurance is a type of health insurance policy that is designed to cover the “gap” between the amount that an individual owes for their medical expenses and the amount that their primary health insurance policy covers. Gap insurance can be purchased as a standalone policy, or it may be offered …
December 18, 2022
Learning and development is a necessary part of life, and it is required for mobility and succession planning at work. Yet, many HR departments fail to implement a complete L&D strategy or they do not even know where to begin. The good news is that most leaders have great intentions. Of the respondents to the …
October 25, 2022
Yes, both are self-funding options, but what is the better solution for your high healthcare costs? Let’s first review the definitions. ASO (Administrative Services Only) – an arrangement in which a company funds its own employee benefit plan, such as a health insurance program while purchasing only administrative services from the insurer. This alternative funding …
September 13, 2022
With rising healthcare costs in the fully insured market employers should be looking at alternatives to their health plans. Level-funding and Self-funding options allow more than just cost containment but control. However, there are a few key differences between the two that are extremely important but are often overseen. For starters, a level-funded plan …
August 2, 2022
RIP Bill Russell It’s unfathomable to think this guy won 11 NBA titles and seemed as good a person off the court as he was a player on it. But this note about the racism he experienced while he was playing (and winning) in Boston is sobering to read. This stuff never went away, it’s …
June 7, 2022
Most HR leaders agree that building a strong learning culture is the foundation for achieving positive business outcomes and effectively confronting the future of work. In addition, a younger generation of workers is demanding more of employers, and they expect career development and continuous learning to be the norm. As a result, learning culture influences employee engagement …
