Illuminating the Truth: Employee Benefits & Insurance Myths vs. Facts
There’s a lot of insurance information out there, and sometimes it’s hard to separate fact from fiction. But as Jonathan Frakes, the host of the television show Beyond Belief: Fact or Fiction? always said, you must have a discerning eye to separate what is true from what is false.
Read MoreAdditional Guidance Issued Regarding Contraceptive Care Coverage Mandate
Amid reports that many health insurance plans continue to impose barriers to contraceptive coverage, The Departments of Labor, Health and Human Services, and Treasury (collectively, The Departments) have issued additional FAQ guidance addressing first-dollar coverage of contraceptives under the Affordable Care Act’s (ACA’s) preventive health services rules. Citing the Biden Administration’s clear desire to see that women have access to contraceptive care, these FAQs include a new therapeutic equivalence approach alternative for complying with the ACA’s contraceptive mandate.
Read MoreKnowledge Is Power: Key Takeaways about 2024 Health and Benefit Strategies
As we step into 2024, it’s crucial to stay informed about the latest trends and strategies shaping our workplaces. We understand the delicate balance you maintain between nurturing your employees’ wellbeing and managing the practicalities of budgets and benefits. So, we’ve combed through the Health & Benefit Strategies for 2024…
Read MorePrioritizing Soft Skills and the Human Touch in an AI-Focused Environment
As we look towards a future intertwined with technology, it’s clear that human capabilities, particularly soft skills, retain their relevance in the workplace. Amidst the surge of AI, inherently human attributes—understanding, empathy, and the capacity to negotiate and lead with emotional intelligence—remain crucial for a well-rounded, effective team dynamic. Creating…
Read MoreLevel-Up Dialogues: Give a Boost to Team Ambition and Growth
It’s a fact that employers cannot ignore: employee turnover is a fact of business, and the costs of replacing an employee are high. It’s estimated that replacing an employee costs 3 to 4 times that employee’s average annual salary. For example, if an employee’s average salary is $75,000, it will…
Read MoreMaximizing Employee Benefits: Strategies for Effective Communication
Employers know employee benefits are important. 80% of employers think benefits increase productivity, and 78% think benefits increase loyalty. Employees want the total compensation package, which includes salary, company culture, and benefits. Since employee benefits are such a major investment, it’s crucial to have a plan in place that ensures employees…
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