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...
When we have the opportunity to meet with a new client, it is typically because they have just received their benefit plan renewal and the rates are increasing. At that time, the expectation from the client is to ‘market’ the benefit plan to seek alternative rates...
It’s true, everyone wants a benefit plan and no one wants to pay. It’s like having that fender bender and groaning when the renewal comes up. Insurance was great when it took care of the bills, not so great when the rates come due. Remembering that the purpose of...
