Picwell Blog

Picwell Insights: Who Enrolls in Supplemental Benefits (and Who Should?)

Oct 21, 2022 11:05:02 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, HR Tech, employee benefits, empower wise choices,, supplemental benefits, voluntary benefits, risk aversion, financial wellness

0 Comments

As we covered in our last blog post, supplemental benefits can be an important part of an employee's total benefits package. According to the most recent Aflac WorkForces Report, “more than half, 51%, of all American workers view supplemental benefits as a core component of a comprehensive benefits program,” and, while only about one-third of employees had access to supplemental benefits through their employers, most employees stated that the need for supplemental insurance has been increasing.

Read More

Picwell Insights: Making the Case for Supplemental Benefits

Oct 18, 2022 8:00:00 AM / by Picwell posted in Benefits Decision Support, employee benefits, empower wise choices,, supplemental benefits, voluntary benefits, hdhp, financial wellness

0 Comments

In this era of financial instability it is more important than ever for your organization to provide a well-crafted benefits package. And this includes more than just health insurance. Supplemental benefits have begun to take center stage during benefits enrollment, and for good reason. In this article, we’ll review exactly what supplemental benefits are and how they can help employees further protect themselves against risk while saving them money in the process.

Read More

4 Tips for Choosing the Right Benefits Decision Support Solution

Aug 17, 2022 8:45:00 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, Health Insurance, health savings account, employeebenefits, company culture, employer brand, supplemental benefits, voluntary benefits, virtual open enrollment

0 Comments

Open enrollment is almost here and it’s time to commit to a benefits decision support solution. As you evaluate your options, we know that the process can feel overwhelming. With all of the tools available on the market, it can be difficult to determine which one will work best for your organization’s (and your employees’) needs. But, you’re in luck - we’ve compiled our top tips to ensure you choose the right benefits decision support solution this year.

Read More

How to Get Employees Excited About Benefits When Plans Haven't Changed

May 25, 2022 9:45:16 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, employee benefits, benefits professionals, supplemental benefits, virtual open enrollment, benefits communications

0 Comments

So you’ve evaluated your benefits offering and have decided to stick with the same plans for this year’s open enrollment. Without any new benefits to offer, you probably feel like it will be difficult to get employees excited about their benefits. Many will just stick with the same plan because it’s comfortable and easy. But that’s not always the best option - and it will be your job to show them that.

Read More

Tapping into the Millennial Mindset: What Young Professionals Want and Need From Their Health Care Benefits

Mar 23, 2022 8:48:00 AM / by Picwell posted in Open Enrollment, employee benefits, benefits professionals, health savings account, company culture, employer brand, supplemental benefits, remote work

0 Comments

Most Millennials are now seasoned professionals, and the competition to recruit them is fierce. So, if you want your company to be an employer of choice among this workforce-dominating generation, you must tailor your benefits package and administrative approach to their needs. According to a recent AFLAC survey, 34% of Millennials have rejected a job offer due to dissatisfaction with the benefits provided.

Read More

How to Create a Benefits Package with Inclusivity in Mind

Jan 19, 2022 9:00:00 AM / by Picwell posted in employee benefits, hsa, employer brand, supplemental benefits, voluntary benefits, benefits communications

0 Comments

Your workforce is becoming increasingly diverse, and in order to stay competitive, your benefits have to follow suit. That means your suite of perks must cater to the unique needs of women, people of color, LGBTQ+ team members, veterans, workers with disabilities, and every other group that you employ. According to the recent Willis Towers Watson Emerging Trends in Health Care Survey, more than 70% of polled employers plan to redesign their benefits using a diversity, equity, and inclusion (DEI) lens as their guide. 

Read More

What Your Employees Want: Top Benefits for 2022 and Beyond

Jan 5, 2022 9:55:15 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, Health Insurance, benefits professionals, company culture, employer brand, supplemental benefits, virtual open enrollment, benefits communications

0 Comments

Sure, your employees want a great salary and a prestigious job title. But, more importantly, they want to work for a company that cares about them. Fortunately, your organization can easily demonstrate appreciation and respect for your team members by offering a company culture and benefits package that truly supports them and their needs. If you’re not sure where to begin, you’ve come to the right place - we’re here to help you get a head start by sharing the top employee benefits your organization should be offering.

Read More

Evaluating Open Enrollment Success: 4 Metrics to Consider

Dec 1, 2021 9:15:56 AM / by Picwell posted in Benefits Decision Support, Consumer Directed Health, employee benefits, benefits professionals, supplemental benefits, voluntary benefits, benefits communications

0 Comments

You did it! You made it through another challenging open enrollment season. But, that doesn’t mean your work is done. After a quick breather, it’s a good idea to jump right into strategic planning for next year because as you know, the earlier you start, the more effective and efficient your open enrollment will be. In this article, we’ll share the top four metrics you should consider to evaluate open enrollment success and help guide your strategy for the next year.

Read More

The New Normal: How to Adapt Your Health Care Benefits Package to Meet Changing Needs

May 5, 2021 9:02:48 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, Health Insurance, employee benefits, benefits professionals, supplemental benefits

0 Comments

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.

Read More

Supplemental Benefits: Why You Can't Afford Not to Offer Them

Feb 10, 2021 10:30:00 AM / by Picwell posted in Open Enrollment, Benefits Decision Support, Health Insurance, supplemental benefits, voluntary benefits

0 Comments

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. 

Read More