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2023 Midyear Employer Benefit Trends

2023 Midyear Employer Benefit Trends

by Kaely Christensen | Jul 14, 2023 | Employee Benefits, Human Resources

Heading into the latter half of 2023, there are several benefits trends impacting employers. While some of these trends are new, many are not, and employers have been trying to address many of the same benefits challenges for the last few years. Some employers have...
Reference-Based Pricing for Employers

Reference-Based Pricing for Employers

by Kaely Christensen | Jul 10, 2023 | Employee Benefits, Human Resources

Health care costs continue to rise, which means employers need to take every opportunity to lower expenses. One cost containment strategy is to employ a reference-based pricing model (RBP). RBP enables employers to set limits on certain medical services, shifting the...
Executive Benefits Employers Can Offer

Executive Benefits Employers Can Offer

by Kaely Christensen | Jul 5, 2023 | Employee Benefits, Human Resources

Retaining top talent is a major priority for most businesses, especially members of the executive staff. Executive benefit plans are designed to provide your top employees with a higher level of benefits and compensation, especially since 401(k) plans restrict the...
Medicare Coordination of Benefits: A Primer for Employers

Medicare Coordination of Benefits: A Primer for Employers

by Kaely Christensen | Jun 29, 2023 | Employee Benefits, Human Resources

When a plan participant or beneficiary has Medicare and other health insurance, such as group health plan insurance, retiree coverage or Medicaid, there can often be confusion as to which insurance pays first on claims. This article provides a general overview of COB...
Workplace Mental Health Resources New Website Launched by DOL

Workplace Mental Health Resources New Website Launched by DOL

by Kaely Christensen | Jun 28, 2023 | Compliance, Employee Benefits, Human Resources

The U.S. Department of Labor (DOL) recently launched its Mental Health at Work initiative, including a new website providing a variety of resources and tools to help improve overall mental health services in the workplace. Highlights of Workplace Mental Health...
401(k) Plans for Small Businesses

401(k) Plans for Small Businesses

by Kaely Christensen | Jun 27, 2023 | Employee Benefits, Human Resources

401(k) plans for small businesses can be a powerful tool to promote financial security in retirement. They provide a host of benefits for employers, including aiding in hiring and retention, tax-advantaged contributions, and the ability to include all employees,...
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