“Change happens when the pain of staying the same is greater than the pain of change.” ~Tony Robbins Comes down to dollars and sense really. Many times employers view their benefit plan as an expense—a commodity—a perk, disposable. A company’s greatest resource...
Definition of insanity: doing the same thing over and over again and expecting a different result. When companies ‘switch’ their insurance provider due to a rate hike at their renewal with a previous carrier, in many cases, without understanding why the premiums...
Statistics surround us daily, clocking and measuring every move we make in business. Are we above or below the median and what will prove profitable. Inundated as we are, there is always a positive way to view the numbers. Numbers tell a story—but what story? After...
Are we entitled? Consider this, we live in a country where we ‘expect’ to be taken care of without ever having to ante up to pay the bill. We assume these expenses should be covered either through government programs or employee group benefit plans. Without a doubt,...
Benefit fraud is a very real issue and its impact is significant. By its very nature, fraud is intended to be concealed and that is precisely what makes the full impact on group benefits hard to estimate. Fraud typically occurs when opportunity (perception that...
Considering a benefit plan for your employees is significantly different than implementation. Where do you start with making the choice on which benefits to offer? Are all benefits available from all providers? What is the price point for those benefits and what is...
