Novaura

When we work with #employers, and we conduct a benefits audit and an analysis of their current situation, we help to expose weaker areas, and how to fix them. Often times, the employer often asks, "Where do I even start to fix this?" That's a GREAT question, with an easy answer. You start right where you are. We meet you where you are, and we help you get where you want to go. There's no better place to begin than where you are today. The Novaura team is not in the business of overhauling strategies and processes. We are in the business of partnering with #employers to help make their business better one step at a time. #NewDawnInBenefits #benefits #employeebenefits #ceo #cfo #hr #humanresources #strategy #benefitsstrategy #advisor #processes #business #insurance #healthinsurance #healthcare #grouphealthinsurance

We talk a lot about #benefits and #GroupHealthInsurance. But there is more to being a benefits advising team than just insurance. It's also about organizational integration. Luke Davis talks about it here. How do your benefits align with your organizational standard/goals? Is your strategy built on a 12-month timeframe or built for long-term success? Are processes integrated and automated for simplicity? There are more questions and solutions that we ask and bring than just #insurance. Is your broker looking to meet your overarching company goals, or are they just selling your insurance? #NewDawnInBenefits #employeebenefits #healthinsurance #healthcare #ceo #cfo #hr #humanresources #solutions #advisor #benefitsstrategy

We see so many employers that put #benefits on the shelf until their #broker calls them right before renewal. Unfortunately, so many employers have been led to believe that this is how benefits are supposed to be done. When a real #benefitsstrategy is put in place, it's no longer an unavoidable expense for a business. It becomes an investment in talent. People want to work for companies that put hashtag #value in their benefits package. Don't miss hiring a great candidate because your broker is too lazy to engage with you on real strategy. Your business and your people deserve better! #NewDawnInBenefits #hr #humanresources #employeebenefits #benefitsconsultant #ceo #cfo #employer #strategy #hiring #attraction #retention

Benefits can feel like being lost in a maze. Where can you turn for savings? Where can you find benefits that are actually beneficial to your employees? Those are the questions that we help to answer here at Novaura. We take out the guessing. We don't beat around the bush. Our approach is direct and built around your organizational goals. Quit allowing #benefits to be an expense. Make it an #investment. #NewDawnInBenefits #maze #healthinsurance #group #healthinsurance #benefitsstrategy #direct #costcontainment #hr #humanresources #cfo #ceo

Unfortunately, there are not many working Americans that have a real level of financial literacy. High schools and even most colleges don't provide any real level of financial education, and so people enter the workforce with little to no understanding of how to build a budget, invest wisely, and build wealth. #NewDawnInBenefits #financialliteracy #benefits #employeebenefits #wellbeing #employeewellbeing #employeecommunication #benefitsstrategy #hr #humanresources #opportunity

Do you think you might feel like this when you get your #HealthInsurance renewal? If so, you are not alone! We partner with #employer groups to help them lower cost, find savings, and bring better more holistic #benefits to their employees. You don't have to drink your wine because your renewal is depressing. You can drink your wine in celebration of bringing real effective hashtag #change to your organization and your employees. You just have to quit allowing your broker to sell you on a spreadsheet. Hire an advisor that is helping you SOLVE your problems. #NewDawnInBenefits #wine #cfo #ceo #hr #humanresources #employeebenefits #HealthInsurance #healthcare #costcontainment

Recently a report came out that 86% of employers were satisfied with their benefits broker/advisor relationship. Employers asked also indicated that overall cost was the biggest problem they faced. Employers, are you challenging your broker to actually deliver on your problems? Are you asking how to lower claims? How can they lowering cost? If your happy with a relationship that's not solving the problems it's meant to... you might want to rethink your real level of satisfaction. #NewDawnInBenefits #cost #benefits #employeebenefits #benefitsstrategy #benefistconsultant #longtermstrategy #strategy #satisfaction #costcontainment #claims #claimsmanagement #cfo #ceo #hr #humanresources

Here's a live look at traditional #HealthInsurance carriers after they give a double digit increase. As an employer, you have to remember that the equation is simple: Your Premium = THEIR Revenue They have a greater incentive to raise your rates than to lower them. They don't answer to you as an employer...they answer to their shareholders and investors. The misaligned incentives in a health plan are the driving factor of higher premiums...no matter what your broker or health insurance carrier tells you. #NewDawnInBenefits #benefits #employeebenefits #cfo #fiduciary #ceo #hr #humanresources #betterbenefits #grouphealthinsurance #healthinsurance #healthcare #openenrollment #benefitsstrategy #benefitsconsultant

When it comes to #HealthInsurance premiums, the math doesn't add up...well, at least not for employers. It adds up just right for the health insurance carriers. Since 1999, premiums have increased 414%. That's 226% MORE than inflation. You can blame trend or bad claims, but the old adage "The cost of everything is going up" simply doesn't fly. And I can't tell you how many employers I've met with that push the blame of their cost increases largely on that. However, when you understand that YOUR premium dollars are the health insurance carrier's revenue, it starts to make sense. Because carriers to answer to employers. They answer to their shareholders. That means that they have a greater incentive to drive up your rates without bringing more #value to your business and your people. As long as you allow partners that have misaligned incentives to set your costs, the longer you will keep spending more on health insurance. #NewDawnInBenefits #benefits #employeebenefits #system #cfo #ceo #fiduciary #inflation #hr #humanresources #benefitsstrategy #benefitsconsultant #advisor#change #dobetter

When you look at the relationship between employers and traditional health insurance, there is a huge disconnect. As an employer, you want to offer #HealthInsurance that provides affordable and accessible #HealthCare to your employees. Traditional health insurance companies have one ultimate goal in mind: Raise. Their. Bottom. Line. How can they do that? Simply put, raising your premiums. If you pay more, they make more. But wait...as an employer, you ultimately want to lower costs. To make matters worse, health insurance companies don't have to answer to you as an employer. They answer to their shareholders and investors. We're helping employers put in health plans that actually align with their goals by removing the disconnected, misaligned incentives that exist in the traditional health insurance space. #NewDawnInBenefits #employeebenefits #grouphealthinsurance #cfo #ceo #hr #humanresources #benefitsstrategy #incentives #alignment #benefits #benefitsconsultant