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The Employee Benefits Blog

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How Benefits Can Help with Employee Retention and Recruitment

How Benefits Can Help with Employee Retention and Recruitment

The benefits you offer to your employees have a direct impact on your organization’s appeal as a workplace. Some employee benefits are considered standard for many jobs -- health insurance, for example -- but disability insurance, life insurance, wellness programs and other offerings can also help you stand out in a competitive market.

How to Help Your Employees Take an Interest in the Cost of Their Health Care

How to Help Your Employees Take an Interest in the Cost of Their Health Care

Employees feel like they get the right information to make educated health care decisions for themselves and their families, but less than half ask about the cost of care when they go to receive treatment. That’s the big takeaway from
a recent survey conducted by Benz Communications and Quantum Workplace, in which 69 percent of respondents said they have enough information to get the right health care, but only 48 percent always ask their provider how much the care will cost.

Consumers generally don’t have the experience necessary to do effective cost comparisons in the health care market, says Jeanne Pinder, founder and CEO of Clear Health Costs, which provides crowd-sourced information that can give consumers insights into costs for various procedures. “You don’t get multiple MRIs, so you don’t have multiple comparison points,” she says. People generally don’t have the experience to say, “Is that a cheap MRI, or an expensive MRI?” and simply find ways to deal with the cost when the bill comes.

A Push for Understanding on Mental Health Benefits

A Push for Understanding on Mental Health Benefits 01

This month is Mental Health Awareness Month, making it a good time to brush up on your understanding of health and mental wellness issues affecting your employees -- including those affecting your employee benefit offerings. These links can help you stay up to date on the latest news about mental health benefits.

EEOC Issues Proposed Regulations for Workplace Wellness Programs

EEOC Issues Proposed Regulations for Workplace Wellness Programs

This is a guest post with employee benefits compliance advice from Winston Benefits partner Joe Lazzarotti, a benefits attorney and practice group leader at Jackson Lewis P.C. He specializes in employee benefits counseling, with a heavy emphasis on health benefits and the Patient Protection and Affordable Care Act.

May is Disability Insurance Awareness Month -- What Does That Mean For Your Organization?

Disability Insurance Awareness Month B 01

May is Disability Insurance Awareness Month, meaning it’s time for your organization to consider offering disability benefits to your employees. Both long-term and short-term disability benefits can offer you and your employees peace of mind when illnesses or injuries occur. Employees are more likely to stay loyal to an organization that invests in their care.

6 Elder Care Benefits Employers Can Offer

Elder care

Employees caring for aging parents or grandparents cost U.S. employers about $13 billion a year, according to a MetLife report. And as the nation’s population continues to age, those numbers are likely to rise.

Important Health Care Trends for Employers

Important Health Care Trends for Employers

In an effort to reduce health insurance costs, employers are coming up with creative solutions. Most employees still view health insurance as an important benefit, preventing employers from dropping health care coverage completely. Current coverage trends include an increasing focus on wellness, a move to high-deductible health plans health plans and increased voluntary offerings.

How to Support Self-Service Enrollment

How to Support Self Service Enrollment

Self-service enrollment can be a big help for HR departments. As employees do much of the legwork of the enrollment process, HR leaders can focus on preparing for open enrollment and then wrapping it all up when it’s finished.

Prescription Costs Expected to Surge in Next Two Years

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On Monday, Aon Hewitt released pharmacy cost estimates for 2016 and 2017. Their prediction is that costs will surge. Part of the reason is the increased lifespan of baby boomers, which means they’ll live longer and require more medication. Another contributing factor is the rise in very specialized (and expensive) prescriptions. As a benefits manager or HR pro, you need to be aware of how these price increases may affect your employees. Changes to your health plans may be warranted.

Do Workplace Wellness Programs Really Work?

The Workplace Wellness Debate 01

Employers typically establish workplace wellness programs in an attempt to reap benefits such as reduced health-care costs and increased employee productivity. But do these programs deliver those desired results?

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