The Employee Benefits Blog

Student-Loan Repayment Benefits Are a Win-Win for Employers and Employees

Posted by Colin Bradley on Thu, Dec, 01, 2016 @ 07:12 AM

While many employers offer tuition assistance for workers looking to improve their education, a benefit gaining traction is student-loan repayment, which helps employees who’ve already completed their schooling. As the level of student-loan debt in the U.S. rises, it’s becoming more important to recent graduates to find ways to pay off their loans. Studies are showing that young workers with student loans prefer benefits that help them pay down that debt over retirement benefits, and many say it could affect what job offers they accept.

More and more companies are implementing student-loan repayment programs as a way to attract and retain new grads. These articles explain how this benefit can help employers as well as the financial futures of many employees.

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Topics: employee benefits, student-loan repayment, repayment assistance

November is American Diabetes Month: What Employers Need to Know

Posted by Colin Bradley on Tue, Nov, 29, 2016 @ 07:11 AM

Diabetes isn’t just a problem for children or the elderly: The Centers for Disease Control and Prevention estimates that almost 10 percent of the U.S. population has diabetes, and the American Diabetes Association says diabetes is the seventh leading cause of death in the U.S., with accompanying health complications including hypertension, increased risk of heart attack and stroke, and blindness. In addition, diabetes can be disruptive to the workforce: The ADA estimates that diabetes cost almost $70 billion in reduced productivity in 2012.

November is American Diabetes Month, so it’s a good time for employers to educate themselves about how they can support employees with diabetes. Here’s what you need to know.

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Topics: employee wellness, ADA, american diabetes month, reasonable accommodation

Prevention and Treatment Coverage for Cancer Patients Is Not Always Black and White

Posted by Colin Bradley on Wed, Nov, 23, 2016 @ 07:11 AM

 

Cancer insurance, whether blended into regular health plans or as a separate benefit offering, is critical for people facing cancer risks or diagnosis. Plans covering preventive care can have gaps as well as extra coverage that benefits advisers and users may be unaware of. Employers should be aware of how to advise employees through cancer screenings and make the best use of their coverage when confronting a cancer diagnosis.

With health care laws expected to change when Donald Trump takes his seat in the Oval Office, employers need to stay on top of benefits changes. These articles highlight possible changes as well as current coverage trends that employees with cancer should be aware of.

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Topics: cancer insurance, Obamacare, cancer prevention

How the 2016 Election Might Affect Employee Benefits

Posted by Colin Bradley on Tue, Nov, 22, 2016 @ 07:11 AM

With the election of Donald Trump as president, many employers are preparing for a new administration and the changes it might bring. Trump made several comments on the campaign trail about the Affordable Care Act (also known as the ACA or Obamacare), and there is some uncertainty about what might happen to the law in the coming years, a topic we looked at last week. His plans for other employee benefits received less coverage, but are just as important for employers to keep an eye on.

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Topics: employee benefits, Donald Trump, election 2016,

What Trump’s Presidency May Mean for Health Coverage and Parents

Posted by Colin Bradley on Thu, Nov, 17, 2016 @ 07:11 AM

Now that the election is finally over, speculation is spreading about what President-elect Donald Trump can and will do to health insurance and benefits laws. Trump has stated that he wants to repeal the Affordable Care Act, although altering the law may be more likely than a full repeal. Additionally, Trump has offered plans to help parents with child-care tax credits as well as mandatory paid maternity leave.

The actual shape that any changes will take remains to be seen, but these articles offer some insights into how benefits could potentially be affected.

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Topics: Obamacare, Donald Trump, paid maternity leave

How to Wrap Up Open Enrollment: A Checklist

Posted by Colin Bradley on Tue, Nov, 15, 2016 @ 07:11 AM

 

When the open enrollment deadline approaches and you can almost see the finish line, you might feel like you can take a break in your busy season. But there are still a few tasks before you can close the book on another open enrollment. Follow this last-minute checklist to make sure everything is taken care of.
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Topics: benefits communication, employee benefits, open enrollment

The Next Generation of Employees is Emerging

Posted by Colin Bradley on Thu, Nov, 10, 2016 @ 08:11 AM

The oldest members of Generation Z are beginning to enter the workforce, and like their predecessors they will change the way organizations communicate and interact with their employees. They are the first generation born into a technologically connected world, and they will undoubtedly expect new and different things from employers as they move forward in their careers.

Employers can begin to engage these new workers by communicating about benefits offerings, workplace culture and employee recognition in new ways. These articles will help you learn how to reach these young people by tapping into what they want from their workplaces.

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Topics: employee benefits, Generation Z, 2017 workforce

November is National Family Caregivers Month

Posted by Colin Bradley on Tue, Nov, 08, 2016 @ 07:11 AM

Taking care of other family members — whether it’s a new child, someone who is sick or injured, or an elderly parent — is a tough job. Employees go home to caregiving duties at the end of the work day may start to feel overwhelmed.

You may see this in your own workplaces. Caregiving is hard on employees, and that trickles down to employers. The Caregiver Action Network (CAN), a nonprofit organization dedicated to helping family caregivers, says employees take an average of almost 10 days off yearly to manage caregiving. In addition:

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Topics: benefits communication, employee benefits, family caregiver

Strong Leadership Is Essential for Successful Employee Wellness Programs

Posted by Colin Bradley on Thu, Nov, 03, 2016 @ 08:11 AM

Many companies have implemented wellness programs to rein in health care costs and promote employee engagement, but measurable results haven’t always followed. New studies are showing that successful wellness programs need an important, but less easily achieved, component: an office culture of well-being that is led by those in management. You can build walking trails around your facilities and give your employees gym memberships, but that availability alone won’t make them use them.

The following articles offer insight into what makes an effective wellness program and what strategies are working for other businesses.

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Topics: leadership, wellness, company culture

Kaiser Family Foundation Survey: Health Insurance Costs Continue to Rise

Posted by Colin Bradley on Tue, Nov, 01, 2016 @ 07:11 AM

The acknowledgment from the White House that people who buy their individual insurance coverage from exchanges will see their prices go up got big coverage last week. But a recent survey by the Kaiser Family Foundation finds health insurance costs are continuing to rise for people who get their health care coverage through their employers as well. Here are some of the key findings.

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Topics: health care, health insurance, HDHP, ACA, health insurance costs