Some benefits on plans should be eliminated or enhanced to give more value to employees and stakeholders. By having them on your plan, they are subject to abuse. It is not necessarily your employees’ fault, and the practitioners are all too willing to take your benefit dollar as far as it can go. Since benefit renewals are all based on … Read More
Is It About Time To Modernize Your Employee Benefits Plan?
Employee Benefit Plans of the Future A lot has changed in how a company goes about setting up its employee benefit plan. The costs, risks and potential consequences reign immensely on a company to attract and retain great employees and be deemed an employer of choice. Strictly setting up an insured benefit plan is not the only solution as it … Read More
Is it Time to Get Rid of Accidental Death and Dismemberment Insurance?
Most companies have Accidental Death and Dismemberment Insurance (AD&D) on their group benefit plans but should they? This type of insurance provides benefits for injury resulting in loss or permanent and total loss of use of body parts. It also pays out a benefit in the event of death caused by an accident on or off the job. It’s a … Read More