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Takeaways from the 2022 KFF Employer Health Benefits Survey

October 31, 2022

Employer health insurance costs are rising, and employees at small companies bear a greater burden than their counterparts at large employers, according to the 2022 KFF Employer Health Benefits survey. On average, employees at small companies pay $2,000 more for family coverage and face deductibles that are $1,000 higher. This report highlights the disparities in …

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How to Use your Benefits as a Competitive Advantage in Recruiting

September 27, 2022

As most of you are aware, there is a large labor shortage in our market due to the pandemic and many other situations. When you look at the different industries; transportation, manufacturing, education, health care, and social assistance have been impacted the most and have the largest amount of job openings. On average these industries …

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Private Equity Investors Can Use Benefits to Grow Asset Value

September 6, 2022

Whether you’re a private equity professional, acquisition entrepreneur, or any other professional investor, you understand the need to measure every dollar in a business and make sound, strategic, data-driven investment and operational decisions. And if you’re looking to grow and scale a business, one of your primary concerns is human capital. How are you getting …

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Self-Funded Health Insurance for Dummies: Self-Funding FAQ

August 24, 2022

So, you’re thinking about self-funding your health plan, or maybe you have a self-funded plan but you’re not quite exactly sure how it works. Good news for you! Welcome to the LBL Group’s Self-Funded Health Insurance for Dummies, a FAQ for self-funding your health plan. We’ve collected the information below as a quick reference guide …

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Incorporating Virtual Health in a Benefits Plan

February 2, 2022

Consumerism and technology are continuously ramming into each other and disrupting every industry. Healthcare is no different. Benefits plans in 2022 and beyond must include a virtual health solution front and center as one of employees’ first entry points to healthcare. Virtual care usage shot up significantly since March 2020, as virtual care visits increased …

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