Insurance News Center

On June 17, 2019, the Massachusetts Department of Family and Medical Leave (DFML) posted final regulations, now formally referred to as 458 CMR 2.00 (Code of Massachusetts Regulations), that went into effect as of July 1st.

The final regulations do not feature changes from the previous draft that was released by the Department. Most of the changes were adjustments made for clarification of processes and corrections in grammar. However, there were some changes that are...

READ MORE

On June 12, 2019, an announcement was released regarding a delay in the initial compliance requirements relative to the Massachusetts Paid Family and Medical Leave (MPFML) regulations. New information has since become available. Below are the details regarding the delay, which were made available by the Department of Family and Medical Leave (DFML) in an advisory notice released on June 14, 2019.

Compliance Deadline for Distribution of Employee/Covered Individual Acknowledgement...

READ MORE

How the Pursuit of Purpose Drives Productivity

Did you know that feeling connected to a sense of purpose is the largest contributor to overall employee wellbeing, according to a study published by Gallup? Only a fraction of the U.S. Labor market reports that they would use career and purpose interchangeably. Many employees do not feel their job is meaningful; instead, they view their job as a means to an end.

So, what’s wrong with showing up and collecting a paycheck?

... READ MORE

In the past, the overall success of a health & wellbeing program was defined by a desperate attempt to demonstrate hard dollar savings in the form of a return on investment (ROI).

While most employers embark on the journey of wellness with the ultimate goal of reducing healthcare costs (i.e., claims reduction/medical cost savings), employers are beginning to recognize the benefits of offering a health and wellbeing program far exceed health plan cost savings. A measure of Value on...

READ MORE

4 Steps to Enhancing Your Benefits Offerings to Meet the Needs of an Ever-changing Workforce

The primary objective of any strategic plan, specifically an employee benefits strategic plan, is to address internal and external factors that will impact the development of an effective benefits program that drives business growth. By building a strong, long-term strategy, you’ll build consensus among key business stakeholders. When an HR professional elects to develop a 3-5-year benefits...

READ MORE

Recently, I had the opportunity to hear some of the most interesting and credible views on where our healthcare system may be heading.

For any of you that may be entrenched in our healthcare industry, you are noting a period of rapid change. That’s a positive, and I have compiled some thoughts and insights from a few industry leaders focused on the changes to come.

  1. Value-Based Healthcare

The move to...

READ MORE

The health insurance landscape is changing and being aware of and embracing employee benefits solutions in 2019 is essential for employers to stay competitive.

In 2018, advances in technology allowed us to change the entire healthcare experience for members. What began as the migration to electronic medical records and online member portals for insurance information has morphed into fully functioning virtual experience for healthcare. Members interact with a physician virtually for...

READ MORE

10 Ways to Prepare for a Successful Wellbeing Program

Open enrollment season is a busy time for many of us in the employee benefits field. The best advice we have for helping to make open enrollment season easier is to begin planning and communicating early, especially when evaluating or implementing an employee wellbeing program.

If you plan to offer an employee wellbeing program in 2019, we recommend spending the weeks prior to open enrollment preparing. Here’s a list of 10...

READ MORE

Communication is key to a successful open enrollment.

Each year, most employers will hold an event referred to as “open enrollment.” Open enrollment is a scheduled period of time prior to the start of the company’s new Employee Benefits Plan Year. During open enrollment, employees can make changes to their benefits elections without the requirement of a qualifying event (i.e.: marriage, divorce, birth of a child). Open enrollment can be an extremely positive and rewarding experience...

READ MORE

Let’s Make This Your Best Open Enrollment

It’s that time of year again—Open Enrollment (OE) season is upon us. This can be a stressful time for both employees and employers. In fact, the 2017 ALEX Benefits Communication Survey showed that 36% of the employees polled say the open enrollment process at their company is extremely confusing and 49% of employees whose companies offer health insurance, say making health insurance decisions is always very stressful for them.

...

READ MORE

Pages

Subscribe to Insurance