InterWest Insurance Services

OCTOBER 17, 2024

The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial. 51% said that high health care costs were having a major or significant impact on their ability to save for retirement.

Out of Pocket Cost 98

Out of Pocket Cost Voluntary Benefits Health Insurance Health Savings Account 98

Best Money Moves

NOVEMBER 4, 2020

What the average health insurance premium costs and changes employers are making to health benefits offerings in the new year. Employers are focused on improving employee healthcare by adding virtual or telehealth offerings and including voluntary benefits in 2020, according to research by Mercer.

Healthcare 111

Healthcare Out of Pocket Cost Voluntary Benefits Management 111

InterWest Insurance Services

OCTOBER 31, 2024

Middle class families — those with incomes of between roughly $50,000 and $100,000 per year — are becoming increasingly reliant on workplace benefits to ensure their financial well-being in case of a disability or critical illness. Simple health insurance is insufficient to carry the load.

Disability Insurance 98

Disability Insurance Life Insurance Deductible Deductions 98

Higginbotham

JANUARY 4, 2022

Ancillary health insurance is a secondary type of coverage used to supplement your traditional health insurance. The term “ancillary” means “providing additional help or support,” and that’s just what ancillary health insurance does. Types of Ancillary Benefits. Types of Ancillary Benefits.

Health Insurance 52

Health Insurance Insurance Disability Insurance Life Insurance 52

HR Digest

MAY 21, 2023

Employee benefits have become an essential part of any competitive compensation package. From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. Health insurance Those benefits provide a baseline of employee expectations.

Benefits Package 105

Benefits Package 401(k) Employee Benefits Disability Insurance 105

InterWest Insurance Services

MARCH 14, 2024

Because of this, employers have to be crafty in how they set up their benefits packages so that they address these various needs. But don’t fret, getting something that everyone likes into your package is not too expensive, particularly if you are offering voluntary benefits to which you may or may not contribute as an employer.

Voluntary Benefits 98

Voluntary Benefits Benefits Package Insurance Health Insurance 98

Employee Benefit News

SEPTEMBER 14, 2022

(..)

Voluntary Benefits 85

Voluntary Benefits Health Insurance Healthcare Insurance 85

Winston Benefits

MAY 22, 2018

One way to sweeten the deal is by offering lucrative benefits. While health insurance continues to be the No. 1 benefit among employees, it’s not the only one. Since most companies offer health care, some employees tend to see health insurance as a given instead of a perk.

Voluntary Benefits 45

Voluntary Benefits Health Insurance Employment Paid Leave 45

InterWest Insurance Services

JULY 4, 2024

The average employer covers 78% of their employees’ health insurance premiums, up from 74% in 2022. Offer voluntary benefits — Not all voluntary benefits are created equal, and some add more value than others. Across generations, higher-salaried individuals choose HDHPs over traditional plans.

Voluntary Benefits 97

Voluntary Benefits Flexible Spending Account Deductible Deductions 97

InterWest Insurance Services

FEBRUARY 20, 2024

With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. Providers in an insurer’s network may charge vastly different rates for the same procedure.

Deductible 98

Deductible Deductions Out of Pocket Cost Health Savings Account 98

Higginbotham

JANUARY 27, 2023

They want to be fairly compensated for their work, and that usually involves both wages and employee benefits. Although some small business owners may feel overwhelmed by the prospect of offering health insurance and other benefits, the many advantages can make the effort worthwhile. Health insurance matters to employees.

Health Insurance 52

Health Insurance Insurance Benefits Package Out of Pocket Cost 52

Best Money Moves

SEPTEMBER 30, 2020

COVID-19 has been a wake-up call for the 49 percent of employees who plan on spending more time researching and selecting health insurance plans during open enrollment this year, according to research by Aflac. . Making the process simpler so employees can find the right plan to help them manage healthcare costs.

Health Insurance 105

Health Insurance Healthcare Voluntary Benefits Medical 105

InterWest Insurance Services

JANUARY 18, 2024

With more than half of all private sector employees enrolled in high-deductible health plans , it’s important that employers have in place certain protocols to ensure that they are a success. Providers in an insurer’s network may charge vastly different rates for the same procedure.

Out of Pocket Cost 83

Out of Pocket Cost Deductions Deductible Voluntary Benefits 83

Corporate Synergies

FEBRUARY 11, 2019

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. The Baby Health Insurance Playbook isn’t really a book. As Seen In.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

InterWest Insurance Services

OCTOBER 12, 2023

Helping them get diabetes under control or helping them avoid developing the disease can keep your productivity strong, reduce your workers’ comp claims and also chip away at your health insurance expenses thanks to lower premiums. Employees voluntarily participate in worksite health screenings.

Transportation 98

Transportation Health Insurance Voluntary Benefits Pension 98

InterWest Insurance Services

MARCH 22, 2022

Options can include: Health insurance, Voluntary benefits premiums (like vision and dental), Life insurance, 401(k), and. Cafeteria plans are particularly good for participants who have regular expenses related to medical issues and childcare. Flexible spending account.

Flexible Spending Account 96

Flexible Spending Account 401(k) Flexible Spending Deductible 96

InterWest Insurance Services

JULY 25, 2024

The 2023 “Aflac WorkForces Report” found that while 51% of employees have a solid understanding of their total annual cost for health care coverage and care, just 39% have a full understanding of their health insurance policy. Additionally, 30% of employees say they need more information surrounding their benefits.

Deductions 98

Deductions Deductible Voluntary Benefits Medical 98

InterWest Insurance Services

FEBRUARY 9, 2023

While their health insurance will cover their medical expenses, it won’t cover the cost of living while they recover. Only 30% of American workers in private industry currently have access to employer-sponsored long-term disability insurance coverage, according to the U.S.

Disability Insurance 90

Disability Insurance Voluntary Benefits Insurance Health Insurance 90

Higginbotham

AUGUST 13, 2024

workers postpone health care needs because they’re worried about cost, even if they have health insurance. Medical care can be expensive, and group health insurance isn’t always enough. What is hospital indemnity insurance? The policy pays a benefit if the insured is hospitalized.

Hospitality 52

Hospitality Insurance Voluntary Benefits Benefits Package 52

PeopleStrategy

JULY 8, 2019

Ancillary benefits : these types of benefits are in addition to standard health coverage, and can include dental, vision care, life insurance and short- or long-term disability coverage.

Health Savings Account 82

Health Savings Account Deductions Deductible Healthcare 82

CorpStrat

OCTOBER 9, 2024

As an employer, you’re likely offering a range of benefits to attract and retain top talent: health insurance, retirement plans, and perhaps some voluntary perks. But there’s one critical benefit that many employers are overlooking: long-term care insurance (LTC). Why Should You Offer It?

Insurance 52

Insurance Employee Benefits Voluntary Benefits Benefits Package 52

Higginbotham

APRIL 25, 2022

Additionally, 54 percent would consider taking a job that paid less if the benefits were better. To help you meet worker demand and boost employee engagement, here’s a look at some of the most in-demand job benefits. Health Insurance, Telemedicine and Wellness Programs. Pet Insurance and Other Voluntary Benefit Perks.

Employee Benefits 52

Employee Benefits Disability Insurance Voluntary Benefits Benefits Package 52

HR Lineup

FEBRUARY 14, 2023

Lockton’s employee benefits offerings are designed to help companies attract and retain top talent by providing competitive compensation packages that meet the needs of both the employees and the organization. In conclusion, Lockton is a leading provider of employee benefits, wellbeing, and employee experience solutions.

Disability Insurance 52

Disability Insurance Retirement Plan Voluntary Benefits Health Insurance 52

HR Lineup

FEBRUARY 13, 2023

USI’s employee benefits offerings are designed to meet the needs of a diverse workforce and support employers in creating a supportive and healthy work environment. USI’s benefits offerings include a comprehensive suite of health insurance options, including medical, dental, and vision insurance.

Employee Benefits 52

Employee Benefits Flexible Spending Account Disability Insurance Health Savings Account 52

Winston Benefits

FEBRUARY 6, 2018

The report says only 43 percent of employees in North America feel that their health insurance plan, retirement plan and benefit package offer enough flexibility. However, they say they’re willing to sacrifice for those choices, especially if their benefits will make them feel more secure.

Retirement Plan 51

Retirement Plan Voluntary Benefits Health Insurance Benefits Package 51

Higginbotham

NOVEMBER 12, 2024

Employers wishing to provide legal services as an employee benefit typically have two primary options: Standalone Legal Services Benefit: Legal insurance can be provided as a voluntary benefit, with employees covering the cost through payroll deductions. Consider these questions: Are your core benefits strong?

Voluntary Benefits 52

Voluntary Benefits Insurance Health Insurance Benefits Package 52

HR Lineup

MAY 10, 2023

One of the key features of Employee Navigator is its benefits administration capabilities. Employers can easily set up and manage a variety of benefits, including health insurance, retirement plans, and voluntary benefits.

Voluntary Benefits 52

Voluntary Benefits Retirement Plan Human Resources Health Insurance 52

PeopleStrategy

OCTOBER 10, 2023

Provide employees with easily understandable materials that explain their benefit options, including health insurance, retirement plans, and any other perks. Provide a range of benefit options to cater to different needs and preferences. Offer Choice and Flexibility Employees value choice and flexibility.

Flexible Spending Account 52

Flexible Spending Account Retirement Plan Voluntary Benefits Flexible Spending 52

Higginbotham

OCTOBER 29, 2024

Their expertise lies in understanding the insurance landscape and creating benefits packages that meet the unique needs of an employer’s workforce.

Employee Benefits 52

Employee Benefits Insurance Carriers Disability Insurance Benefits Package 52

Employee Benefits

AUGUST 8, 2023

Some sought-after benefits in the UK include: Personal health insurance Death benefits Flexible work arrangements Additional holiday provisions Enhanced pension contributions Such voluntary benefits play a pivotal role, especially considering they’re among the top reasons employees switch jobs.

Pension 52

Pension Paid Leave Parental Leave Voluntary Benefits 52

Corporate Synergies

JANUARY 2, 2019

While there will be continued focus on emerging health & welfare benefits trends and clarification on compliance requirements, the series of articles, webinars and live events will also focus on employee benefits as a business investment.

Education 40

Education Health and Welfare Voluntary Benefits Employment 40

Higginbotham

AUGUST 12, 2022

One worker may love having a robust health insurance plan, while another might balk at the cost and prefer a cheaper plan. The same goes for voluntary benefits. A worker with a new puppy might value pet insurance offerings, but a worker without pets probably won’t care.

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Winston Benefits

MARCH 5, 2019

The employee benefits your company offers have a direct impact on your ability to attract new staff and keep your best ones excited to be part of your team. While many employee benefits are seen as standard, such as health insurance, there is a growing demand for new offerings, especially flexible work environments and schedules.

Employee Benefits 58

Employee Benefits Recruitment Life Insurance Health Insurance 58

Higginbotham

APRIL 7, 2022

It’s generally accepted that people should have health insurance. Veterinary bills can be expensive, especially when unexpected accidents and illnesses are involved, and pet insurance can help cover the costs. Some pet owners buy coverage on their own, but pet insurance has also emerged as a popular employee benefit.

Insurance 52

Insurance Benefits Package Health Insurance Deductions 52

Winston Benefits

DECEMBER 20, 2016

One of the most popular topics every year is outsourcing, and 5 Advantages of Outsourcing Benefits Administration from 2012 is a perennial favorite. But hot topics from 2016 showed that many of you are concerned about rising health insurance costs and want more information about specific industries.

Employee Benefits 49

Employee Benefits Health Insurance Insurance Voluntary Benefits 49

Benefit Resource Inc.

DECEMBER 12, 2018

But, an administrator, like Benefit Resource, will not ask you to provide a receipt. Your health insurance, FSAs, HRAs and even most voluntary benefits are elected once a year and you are locked in. And, commuter benefits and HSAs let you easily make changes. You can make changes monthly (if needed).

Health Savings Account 40

Health Savings Account Voluntary Benefits Taxes Health Insurance 40

Winston Benefits

NOVEMBER 20, 2017

Offering top-notch employee benefits can help; here are some of the strongest we’ve seen in the real estate industry. Health Insurance and Services. Competitive health insurance coverage is one of the best ways to attract the employees you need.

Employee Benefits 49

Employee Benefits Parental Leave Health Insurance Insurance 49