Articles

New Rule Aims to Expedite Prior Authorization Requests

The Centers for Medicare and Medicaid Services has published a final rule aimed at improving how prior authorizations are handled by health insurers. The measure primarily limits the time insurers have to approve or deny requests. In addressing wait times for prior...

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Voluntary Benefits Improve Employee Satisfaction and Retention

As the economy continues roaring, the market for top talent stays exceedingly competitive. Multiple studies have consistently shown that a robust set of employee benefits is a vital component of an overall compensation package. But it's tough for smaller companies to...

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Hospital Indemnity Insurance a Key Voluntary Benefit

Most employers offer major medical coverage to their full-time employees. But that still leaves workers and their families with significant exposure to financial hardship in the event of a serious medical emergency. For example, even with insurance, treating a broken...

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New Tech Platforms Help Employees Navigate Their Benefits

More employers and health plans are offering new online tools to help their employees better navigate their health care and group plan benefits, which are often a source of confusion and frustration for many American workers. These tools, known as navigation...

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Benefits in a Multi-generational Workplace

With multiple generations working side-by-side in this economy, the needs of your staff in terms of employee benefits will vary greatly depending on their age. You may have baby boomers who are nearing retirement and have health issues, working with staff in their 30s...

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Executive Benefits Plans Help You Attract, Retain Top Talent

As more and more C-level executives retire and the market for more upper-management talent shrinks, employers are increasingly having to offer more aggressive benefits and compensation packages to attract and retain them. While you may provide 401(k) benefits to your...

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Four Admin Errors That Can Make Employers Overpay for Coverage

One often overlooked cost driver to your employee benefits plans is administrative errors and oversights that are the result of sloppy record-keeping and a lack of checks and balances among your account and human resources teams. If you are not diligent in keeping up...

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