Blog
Explore industry-leading benefits advice and discover how to grow your in-house talent.
Prioritizing work-life balance with benefit accounts
Addressing work-life balance's pivotal role in employee well-being and commitment, employers, brokers, and TPAs must integrate it across operations, particularly within benefits programs. Struggles to balance work and personal life can lead to health issues, job...
Factors driving anticipated increase in ACA premiums for 2024
Health insurance costs are expected to increase for Affordable Care Act (ACA) plans in 2024 due to several factors. A study by KFF shows that insurers anticipate a median 6% rise in premiums, with most increases falling between 2% and 10%. The main reason behind these...
Clients unsure about self-funding? Consider a more approachable option
If you're unsure about moving from a fully insured health plan to self-funding, level funding is a great option to consider for your company or clients. Healthcare costs are rising steadily, expected to increase by 7% in 2024, according to PwC. Many employers are...
Child care costs soar, posing financial strain on working families
Rising child care expenses are causing financial strain for most working families, with two-thirds of parents allocating 20% or more of their annual household income for child care, a significant increase from previous years. The Cost of Care report, based on a survey...
Addressing retirement savings gap: SECURE 2.0’s impact on employer plans and worker needs
The implementation of SECURE 2.0 holds potential to narrow the retirement savings disparity. While larger companies typically offer more robust retirement benefits, smaller companies are gaining ground due to SECURE 2.0 provisions. The Transamerica Institute's study...
Addressing generational differences in employee benefits
As the workforce landscape evolves, catering to distinct generational preferences becomes pivotal in benefits offerings. Employees' lack of awareness about provided benefits poses a significant challenge for employers. In response to changing dynamics, employers must...
3 ways to enhance benefits at minimal cost
Amid the ongoing talent crunch and cautious financial climate, employers seek ways to bolster benefits without added expenses. Here are three cost-effective strategies to consider: Introduce Voluntary Benefits: Given current financial stressors, offering voluntary...
3 new trends in healthcare in a post-pandemic world
Two years into the pandemic, companies and their benefits advisors have gained insights into employees' preferences for benefits. To address the need for added coverage, holistic wellness, and digital solutions, a shift in benefits strategies is essential. Expanded...
