ACA Spurs Benefits Rethink among Employers

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Expected cost increases stemming from the Affordable Care Act are spurring employers to consider new approaches to benefits funding and administration. The increasingly complex benefits environment is also making employers rethink their benefits strategies, which may allow them to take advantage of new opportunities for benefits communication, funding and administration, according to the “Guardian Workplace Benefits Study,” released in August. Although many employers in the study emphasized the need for cost control, they also expressed a growing interest in raising their employees’ financial security and satisfaction with provided benefits. Only three in 10 workers surveyed said they felt financially secure….
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Five Tips for a Successful Open Enrollment

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In light of today’s diverse and continuously evolving workforce, it’s more critical than ever that you have a targeted strategy for your open enrollment. You should not just consider open enrollment as the period that your staff chooses benefits. The way you execute and your success in boosting participation can help attract, engage and retain top talent. This makes open enrollment season – and all of your year-round benefits communications – an essential part of your overall human resources strategy. Open enrollment is your ticket to a more benefits-engaged workforce. Open enrollment’s function is to get employees signed up for…
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Four trends in dental plan design

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Subtle yet important trends are reshaping dental benefit plan designs as employers continue to search for ways to keep costs in check while making minimal impact on what they offer to their employees. While few employers are dropping dental coverage outright (in fact the number of employers offering them has grown), they are instead resorting to some new strategies, including: • Higher deductibles, • Lower plan coinsurance, • Adoption of preferred provider organizations (PPOs), and • Switching certain procedures from one category to another. While new products have emerged in the health insurance arena, there have not been the same…
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