Helping Clients Navigate Open Enrollment
When the Affordable Care Act (ACA) was passed in 2010, it completely changed the game of health insurance. Open enrollment season became more complex than ever before. The ACA, along with other more recent health care reform has created more and more uncertainty around every open enrollment season—will the law change again? This question creates […]
Last Minute Employee Tips to Ensure a Successful Open Enrollment
With open enrollment right around the corner, employers should be gearing up their employees to make the best decisions possible—and providing the necessary resources and educational materials to help them do that. Communications should be as clear and concise as possible, with employers being available to answer last-minute questions and provide tips to make the […]
Common ERISA Pitfalls to Ensure Clients Avoid
Industry research estimates that as many as 75% of employers are out of compliance with ERISA requirements, which set minimum standards for most employee benefit plans. Like many federal laws related to employee benefits, ERISA can be complicated and difficult to navigate properly. Unintentional slip-ups are easy to make—especially when it comes to proper documentation. […]
Introducing our Preferred Broker Program!
We’re excited to announce the launch of our brand-new Preferred Broker Program! This is an exciting way for us to thank the brokers who work with us and provide them with exclusive resources and values. For Clarity’s current brokers, this program is a perfect opportunity to expand your knowledge, sharpen your skills, and gain insider […]
Out-of-the-Box Ways to Keep Employees Engaged
Keeping your employees engaged at the office can be a difficult—but crucial—task. Increased employee engagement tends to mean improved performance, long-term commitment, and more efficient collaboration in general. Unfortunately, recent studies show that approximately 71% of workers consider themselves unengaged or uninspired at work. As an employer, you can provide unique programs, perks, and communications […]
Importance and Benefits of Improving Financial Literacy and Education for Employees
In 2017, one of the most prominent workplace trends was the focus on employee financial wellness training and tools. Whether you realize it or not, you may have employees who are constantly worried about their finances—according to a recent report from the Personal Finance Employee Education Foundation, “approximately one in four workers suffer from serious […]
Helping Workers Invest in Their HSAs
According to the National Center for Health Statistics, “the portion of employees enrolled in HDHPs rose from 26.3% in 2011 to 39.3% in 2016.” It’s clear that high-deductible health plans are on the rise, and with them come health savings accounts—or HSAs. These accounts give employees a lot of freedom, and allow them to pay […]
ERISA Wrap Documents: Simplifying ERISA Compliance for Clients
The Department of Labor can conduct an ERISA audit on your clients at any time. Are they prepared? This is especially difficult for smaller companies that may not have the resources to dedicate HR staff to ERISA compliance. As a broker, you can simplify ERISA compliance for your clients in a few steps: Educate them […]
Tips for Increasing HSA Enrollment
Nearly 60% of employees aren’t prepared to cover an unexpected healthcare cost. However, health savings accounts (HSAs) are helping to change that. As healthcare costs skyrocket, HSAs are becoming a more appealing option for many employees. High-deductible health plan and health savings account enrollment reached 21 million members in 2017 and is expected to continue to […]
Get Ready, Get Set: Your Open Enrollment Game Plan
As employee satisfaction becomes a bigger factor in talent attraction, employers are starting to look for more ways to provide benefits that fit their employees’ needs and exceed their expectations. However, employers tend to under-prepare for open enrollment each year—in fact, 31% of employees would give their employer a “C” or lower when it comes […]