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Many companies, regardless of size, work hard to provide top-tier healthcare benefits to their participants. Unfortunately, many come to the realization that a considerable chunk of its healthcare expenses stem from ineligible dependents. Despite the best intentions, the absence of a Dependent Eligibility Verification program can leave the organization vulnerable to financial strain, legal headaches, […]
“Eat less and exercise more.” “Change your behavior and you’ll lose weight.” “It’s all in your head.” “It’s your lack of willpower.” “You’re selfish and lazy.” This is what people with obesity often hear from the media, friends, family and strangers. Sadly, it’s what many hear from their doctors, too. More than half of patients […]
The post-pandemic race is on to attract new employees—and as HR and finance executives both know, the solution can’t always be higher wages. Fortunately, other factors still mean a lot to jobseekers in the revived economy. Casual Fridays and office snack bars may help, but as research shows, health insurance is still at or near […]
When job candidates consider which position is best for them, benefits can be the factor that tips them from one company to another. As an indirect form of compensation, benefits fuel their quality of life. The responsibility of any good company is to provide fair, competitive, and livable benefit options. Therefore, it’s crucial that companies […]
A recent survey found that approximately one-third of adults find ordinary health-related tasks, like correctly taking prescription drugs, challenging. This general challenge is often exacerbated by poor employee benefits communications. When employers fail to properly educate their employees on their employee benefits, those employees are much more likely not to take advantage of them.
What are your employees getting from your health benefits? If they are anything like the respondents in a recent study about employee health benefits, they are almost certainly not making the most of them.
Traditionally, employers reduced healthcare spending by passing along more of the premiums and other costs to employees. This, of course, is still an option, but it’s obviously one that employees don’t favor and will not go far in making the benefits package attractive. It also doesn’t address the root issue of cost reduction but rather […]
With a tightening labor force and the unemployment rate at a mere 3.7%, employers are chasing the talent—not the other way around. Not only that, but it’s getting more difficult to keep the most capable workers around. Since 2015, there have been more job openings than new hires, which means unhappy employees have more opportunities […]
One Medical Group, a healthcare technology company that offers primary care, has shared the results of a recent nationwide survey of 1,000 full-time professionals regarding their opinions, desires, and perceptions about their companies’ employee benefits program.
The survey, sent to a random sample of SHRM members, had 510 respondents, which was a 13% response rate. SHRM released the survey at its Annual Conference and Exposition, held recently in Orlando.