The insurance industry has evolved over the years. Insurance providers and brokers must know the trends and continuously adjust operations to meet the market demands. Common strategies include adopting technology and expanding services to accommodate customer needs. While these solutions are generally helpful, brokers must implement strategies to harness their full potential. Producers who want […]

An individual coverage health reimbursement arrangement (ICHRA) is a flexible health benefits option, and it’s growing in popularity in 2024. It allows employers to reimburse employees for a portion or all of their health insurance premiums. Compared to traditional group plans, ICHRA health insurance suits employees who would prefer to choose their own health insurance […]

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 […]

Top Employee Benefits for Millennials and Gen Z Hiring top talent drives innovation, improves productivity and ultimately puts businesses ahead of the competition. By curating an appealing set of benefits, businesses are more likely to attract hard-working employees and experience these qualities within their operations. As the average cost of employee turnover equates to a third […]

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 […]

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 […]

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 […]

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 […]

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 […]