Trending Employee Benefits Customization
Employee benefit customization is in high demand. Are you prepared to stay up to date with employee benefits trends and meet that demand? According to MetLife, approximately 70% of all employees say benefits customization would increase their loyalty to their current employer1. So, offering benefits customization is a good place to start for companies looking […]
Are HDHPs Good for Workers? (Pros and Cons of High Deductible Health Plans)
By necessity and choice, more workers are enrolling in high deductible health plans (HDHPs). But, are those plans good for workers? The answer is: yes and no. An HDHP will lower monthly premiums, allowing employees to take home a larger monthly paycheck. But, if workers aren’t enrolling in an HDHP-qualified HSA, or aren’t contributing enough […]
Why Your Clients Should be Taking Advantage of Benefits Decision-Support Tools and Technology
It’s not uncommon for employees to feel overwhelmed, confused, and frustrated when selecting healthcare plans and making healthcare decisions. Without access to answers, they turn to HR for help. This pattern can place enormous stress on a company’s HR department. It can even reduce the amount of time employees spend working. Fortunately, with the advent […]
Educate Like an Expert: Communicating & Explaining HSAs to Employees
High deductible health plans (HDHPs) are becoming more and more popular. Currently 60% of employers offer an HDHP plan as an option, and 40% offer it as the only option. They also pair perfectly with HSA solutions. Given how much Health Savings Accounts offer, it’s completely understandable for employers to anticipate high participation rates. However, […]
Trends in Health Savings Account (HSA) Enrollment
As health savings accounts become more popular among employers and employees, setting clients up with a revolutionary HSA may be just what the doctor ordered. The health savings account is approaching its fourteenth birthday this December and its popularity isn’t likely to decrease anytime soon. Passed into law during the Bush presidency, HSAs were established […]
Clarity Benefit Solutions Introduces a New Type of HSA
Are You Meeting Your Employees’ Emotional Needs When it comes to Healthcare? How to help employees prepare for the unexpected. Healthcare decisions are emotional. The unexpected illness or injury makes employees nervous, especially if they’re not likely to have enough cash to cover it. So, when your make decisions about the type of health […]
Making HDHPs Work for Working People | Clarity
Do You Have Your Clients’ Attention? Disadvantages of HDHPs are that they are known to cause workers to neglect, delay, and avoid care. Since this results in absenteeism and lost productivity, look for ways to protect employers offering an HDHP. The right HSA will encourage workers to take care of themselves, and help employers minimize […]
Five Ways to Give Employees the Benefits They Want
Help navigate plan details. In order for employees to fully take advantage of the benefits available to them, they need to have a clear understanding of what options they have, what these options cover, and the steps they need to take. Many employees lack an awareness of what they have access to, or simply do […]
Five Ways Employee Benefit Administration Is Evolving
Online benefits administration and Health Savings Account provider, Clarity Benefit Solutions, discusses five ways employee benefit administration is evolving. Modern technology is streamlining the process. Online benefit programs have a myriad of advantages that help simplify the entire process. Employees do not want to be handed packets and booklets to read through in order to […]
Four Ways for Brokers to Stay Relevant in A Changing Industry
It’s a challenging time for brokers, as the industry changes on a daily basis. It is vital that brokers develop strategies to set themselves up for a successful future. Here are some ways to do just that. Technology talks. Embrace technology. It is important that brokers have a modern, user-friendly website with blogs and guest […]