Many Employees Choosing the Wrong Health Plans

A new study  has found that many people in employer-sponsored health plans are enrolling in plans that are costing them more than they ought to be paying. Many employees choose pricey plans with low deductibles, which force them to spend more up front on premiums to...

Inflation Could Hit Group Health Insurance Premiums

The health care sector is not immune to the effects of spiking inflation, and the increasing cost of care is likely to spill over into health insurance — but it’s uncertain by how much. Mid-year is the time that health insurers start setting their pricing for...

Importance of Educating Gen Z Workers on Benefits

It always takes more time than usual to onboard new employees — particularly ones who are new to the workforce altogether — to your employee benefits plans. Keep in mind that the ritual of choosing a benefits package is a brand-new experience for people who are...

Time to Comply with Health Plan Transparency Rules

July 1 was the deadline for health plans to make public their in-network negotiated rates, out-of-network billed charges, and more. While health plans will be required to post this information, employers who sponsor their group health insurance for their employees...

The Cost of a Ransomware Goes Beyond the Ransom Paid

One of the fastest growing cyber threats to businesses is ransomware, which hackers use to shut down an organization’s computer system until the victim pays a ransom to unlock it. While most organizations focus on the cost of the ransom, which can easily run...