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Four Admin Errors That Can Make Employers Overpay for Coverage

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...

Study Pegs Group Benefits Return on Investment at 47%

Study Pegs Group Benefits Return on Investment at 47%

A recent study has found that employers who offer health insurance coverage to their staff had an average return on investment (ROI) of 47%, meaning that for every $1 an employer spends, it will receive $1.47 in benefits. The analysis by Avalare, a wellness plan...

Cutting Through the Alphabet Soup of Dental Insurance Plans

Cutting Through the Alphabet Soup of Dental Insurance Plans

When you look at the dental options for your employer-sponsored health plan, or if you're just looking at the options available on the market, you may encounter the acronyms DMO and PPO (also known as a PDN), as well as indemnity plan, in the marketing literature....

Employee Mental Health Leave Requests Skyrocketing

Employee Mental Health Leave Requests Skyrocketing

If you've noticed a lot of employees asking for time off for a "mental health day," you aren't alone. A recent study found that the number of mental health leave-of-absence requests has grown by a third since the COVID-19 pandemic. And, data from ComPsych, a provider...

Is A Captive Right For Your Organization?

If you’ve ever explored self-funded health plans, you may have heard of “captives”, but you might not fully understand how they function or what they do. To help shed some light on this topic, TCHP founder Mike Hill highlights the benefits and risks of a captive, as...

Report Details 3 Trends Driving Employers’ Health Care Costs

Report Details 3 Trends Driving Employers’ Health Care Costs

Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. The "2024 Employee Health Trends" report by Springbuk, an...

Benefits in a Multi-Generational Workplace

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. A Variety of Priorities You may have baby boomers who are nearing retirement and have health issues, working...

Voluntary Benefits Improve Employee Satisfaction and Retention

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...