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Do I Have a Good Benefits Package?

Do I have good benefits?
August 13, 2024

Benefits play a significant role in employee stability, happiness and retention. The best benefit packages attract top talent and increase retention rates, which translates into success for the company and employees. What Benefits Should You Look for in a Job? Research shows that 82% of employees would feel a greater sense of overall stability if they understood […]

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How to Help Clients Understand Open Enrollment Options

How to Help Clients Understand Open Enrollment Options
July 17, 2024

Open enrollment season is an important time of opportunities and challenges for employees. On the one hand, they can enroll in healthcare solutions that improve their well-being, job satisfaction and productivity. On the other hand, they may be intimidated and confused by the range of options and how to enroll. Nearly two-thirds of employees say their employer’s […]

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COBRA Subsidy: Who’s Eligible, How it’s Funded, and How to Deliver Notices to Employees

Cobra subsidy eligibility
July 9, 2024

The federal government initiated several programs to address the challenges posed by the coronavirus outbreak. One of these programs was the Consolidated Omnibus Budget Reconciliation Act (COBRA) subsidy, which excluded qualified individuals from paying premiums for a specified duration. Although the program has ended, insurance brokers continue to offer valuable services to clients who have […]

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Common Misconceptions of a MERP

Common Misconceptions of the MERP
May 10, 2024

According to the latest statistics from the American Medical Association, each person in the U.S. spends an average of $13,493 on healthcare in 2022. That’s a significant portion of many employees’ annual salaries. Businesses that cover part of these medical expenses help encourage employee loyalty while helping staff prioritize their well-being. As a side bonus, staff members […]

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How Technology Can Empower Health Insurance Brokers

Broker Speaks with Client
April 15, 2024

It’s no secret that technology has impacted almost every facet of modern life. One of the last industries to join this technological revolution is health insurance brokers, who often use paper-based processes or standalone systems. As more companies demand tools and technology that can help them serve a younger workforce, health insurance brokers must quickly […]

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How to Combat High Healthcare Costs

How to Combat High Healthcare Costs
April 3, 2024

American healthcare costs have always been high — yet the Centers for Medicare and Medicaid Services predicts they will increase by another 5% throughout 2024. Companies that provide job-based healthcare will feel the impact more severely, triggering them to shop around for better products. As a producer, you have the task of finding ways to reduce healthcare costs and […]

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The Most Popular Benefits to Offer in 2024

Employee Benefits
March 7, 2024

Employee benefits are indicative of a workplace that values and supports its employees. A comprehensive employment package is vital in today’s competitive job market. As individuals become increasingly aware of the norm in employment benefits, what you add to your offer will showcase a well-rounded work environment that encourages people to join. There are various […]

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The Best Ways to Help Clients Manage Group Insurance Costs

Managing Group Health Insurance Costs
March 7, 2024

Request a proposal Employers find it important to provide a comprehensive benefits package to attract and retain employees. As an insurance broker, you must make this easier for employers by reducing the costs as much as possible. Group health insurance plans are an effective way to lower employee insurance costs, and you can reduce the […]

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2023 End-of-Year Checklist for Employee Benefits

December 8, 2023

As another year draws to a close, human resources representatives have a prime opportunity to manage and review employee benefits, verifying they remain compliant with local and state regulations while being up to date. To ensure a smooth transition into 2024, start by confirming beneficiary information, double-checking the payroll and tax checklist, ensuring you understand […]

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Are You ERISA Compliant? Follow This Checklist

Are you ERISA Compliant?
October 19, 2023

Are you an employer providing retirement and healthcare plans to your employees? Do you want to learn how you can become Employee Retirement Income Security Act (ERISA) compliant? If the answer is yes, then you’ve come to the right place. This guide simplifies ERISA compliance requirements and offers a checklist to help you ensure you’re […]

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