The last year has forever changed the way we all live and work. As a result, your employees’ needs and priorities have also shifted. In order to keep your workforce comfortable and happy, your benefits package must adapt to meet these changing needs. While overhauling your suite of perks can be challenging, it’s your company’s opportunity to show team members you care - and to stand out as an employer of choice. In this blog, we’re going to dig in to some of the most significant changes we’ve seen and show you ways you can adapt your benefits package to better fit this new normal.
As a benefits professional, you want to help your employees make better benefits decisions and you already know a benefits decision support tool can help. But with an abundance of options available, how do you know which one will be the right fit? Evaluating and choosing the best solution for your organization can seem like a daunting task - but we’re here to help.
After more than a year of working from home, many employees are slowly starting to return to the office. But despite this return to quasi-normalcy, the business landscape, including how we work, has undoubtedly been changed forever. As we continue to get used to this new normal, there are some things that are non-negotiable, one of the most notable being virtual open enrollment. Benefits professionals across the world embraced this concept in 2020 because there truly was no other option but let’s explore what open enrollment will look like for 2021 - and uncover why virtual solutions aren’t going anywhere any time soon.
As a benefits professional, you already know that the employee benefits landscape is always changing. In the past, these changes were often due to various factors, including new legislation, or simply evolving attitudes in society. But, with the COVID-19 pandemic turning our world upside down, companies have been forced to overhaul their benefits packages more rapidly than ever before, and in a much more significant way.
As a benefits professional, you already know that a well-crafted benefits package attracts top talent and keeps it in house. But, with the changes we’ve seen over the past several years, employees and job candidates now want more than just a health insurance plan and a retirement savings match. Luckily, supplemental benefits can help fill the gaps left by traditional benefits plans.
Every year, you do your best to inform employees about your company’s benefits during open enrollment. Employees have a deadline to make their selections, and your sole mission is making sure that no one falls through the cracks. But, once it’s over, that sense of urgency disappears.
As a benefits professional, you probably focus on reducing organizational costs and satisfying employees when you design your benefits packages. You strive to provide a variety of benefits so that all of your team members are healthy and happy. You do this because it’s the right thing to do -- and because a satisfied workforce is an engaged, productive workforce.
When selecting benefits decision support solutions, it’s important to know what you are getting. A true benefits decision support solution will be smart, intuitive, quick, and thorough. It should ask questions that are easy to answer and use data and analytics to predict individuals’ health risk.
With all of the changes we’ve seen over the past six months, it’s become clear that benefits decision support has never been more needed than it is right now. If you’re still on the fence about whether or not to implement a decision support solution into your organization, here are 6 reasons that will make it a no-brainer.
When you choose a health plan, you’re making a complex decision for yourself and for your family - and as we all know, the benefits world is not easy to navigate. Most times you end up buying more insurance than you need in order to avoid risk and gain peace of mind. As a result, you could be paying up to $2000 more per year than you would in a plan that is better fit for your particular needs.