Fully Insured, Level-Funding, and Partially Self-Funded Group Benefits: What’s the Difference
Posted: November 27, 2018
Fully Insured, Level-Funding, and Partially Self-Funded Group Benefits: What’s the DifferenceToday small businesses with 5 to 100 employees have other options beyond traditional fully insured group benefits. Level-Funding and Partially Self-Funded are valid approaches that are increasingly being implemented with success. These plans can often lower your overall cost and improve employee satisfaction. I encourage you to think about your business strategy, goals, and culture, as you evaluate the best plan design for your business....
Employee Group Benefits: How to Increase Employee Engagement and Participation
Posted: July 27, 2018
Employee Group Benefits: How to Increase Employee Engagement and ParticipationIncreasing employee engagement and participation with Group Benefit programs is a hot button for many employers. Because employee benefits are often the second largest expense after labor, it makes sense that businesses want to get a better return on their investment. One of the challenges employers face is meeting employee needs and desires in a way that provides greater value from traditional employee benefit programs....