How will Educating Employees on Benefit Plans Create a More Sustainable Plan?

Educating Employees on Benefit Plans

Educating employees on benefit plans means more than just explaining what their plan includes and how to make a claim. So how will educating employees on benefit plans create a more sustainable plan? Many of my clients know how much I emphasize this point with their plan sponsors.  It probably is the single most important detail in ensuring that a plan … Read More

When is it Time to Kick Your Employee Benefits Provider to the Curb?

When To Change Benefit Carriers

  When to change benefit carriers?  The quick answer is only after you’ve exhausted all other avenues with your existing carrier. Many brokers will paint this portrait of changing to their carrier will be less expensive, better service, greater satisfaction levels for employees and a vast improvement over your previous supplier.  Reality is often a much different scenario.  In fact, … Read More

5 Reasons Why Benefit Plans for Business Owners Should Differ From Employee Plans

benefit plans for business owners

I walk into many privately-owned companies only to find out the business owners are set up under the same benefit plan as their employees.  Should benefit plans for business owners differ from employee plans?  In a word, Absolutely! It’s all too common that I see business owners having the same co-pay obligations as their employees.  So if an owner goes … Read More

10 Reasons Why Benefit Advisors Miss The Mark with Small Business Benefit Plans

Small Business Benefit Plans

  If you don’t know by now, I’m in the group benefits marketplace.  I’ve grown my business by being transparent, accountable and acting as an advocate for small and medium-sized companies.  I coach clients and their staff on the shared responsibility of having a group benefits plan and giving instruction on how to create a sustainable plan for years to … Read More

The 11 Key Elements that an Association Benefit Plan should provide its Membership

Association Benefit Plan

When does an Association benefit plan make sense? In short, the answer should always be. However, this is seldom the case.  Many companies have experienced that there’s a premium to work through an Association benefit plan. Many companies have experienced high administration fees, one-size-fits-all approach, limited service capabilities, ineffective regional coverage and limited supporting technology platforms. Many feel it is great … Read More

Beware of These 5 Factors When Setting up Employee Benefit Plans for Bosses

employee benefit plans for bosses

If you’re responsible for the setup and administration of your company’s employee benefit plan, you may want to pay close attention to how you set up your boss on the plan.  This specifically applies to business owners or shareholders of the business.  Most don’t realize this, but group benefit plans work really well for employees, but the same doesn’t necessarily … Read More