Novaura

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. Source: https://lnkd.in/g82JZDs4 #NewDawnInBenefits #cost #benefits #employeebenefits #benefitsstrategy #benefistconsultant #longtermstrategy #strategy #satisfaction #costcontainment #claims #claimsmanagement #cfo #ceo #hr #humanresources

Fifty-five percent of U.S. adults were readily able to afford and access #healthcare or medicine in late 2023, according to a survey by Gallup and healthcare policy organization West Health, the lowest share of respondents since the two firms began tracking healthcare affordability in 2021. #NewDawnInBenefits #benefits #employeebenefits #hr #affordability #ceo #humanresources #cfo

Timothy and Luke talk a little about the origin of our name and brand change to Novaura on their recent podcast interview on the #RockstarsRocking podcast. Eric Silverman was a great host, and both Tim and Luke had a great time! In the post below are links for you to listen to the full #podcast episode. #NewDawnInBenefits #benefits #employeebenefits

As an #employer, you need to understand that you are the #PlanSponsor of your company heath insurance. You are the #Fiduciary. You pay premium. With those same dollars, you pay #Claims. You are financially responsible for the payment of claims. Whether you have pushed that off in contract with a fully-insured carrier, a stop-loss carrier, etc., your fiduciary obligations remain the same. That's why it is critical that you know how you're paying and managing your claims. Beyond that, the onus lies on employers and advisors to lower the cost of claims. Because health insurance carriers have proved time and again that they aren't going to do it. #NewDawnInBenefits #benefits #employeebenefits #claimsmanagement #compliance #costcontainment #claims

Is this how you feel 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 #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

Today is a big day! 🎉 It's the 2nd Work Anniversary 🎉 for Katie Miles and Patrick Reagan here at Novaura. They are a vital part of our team, and they do so much for our employer partners. Thank you both for your 2 years of service! We are looking forward to seeing what all they accomplish in year 3! #NewDawnInBenefits #benefits #employeebenefits #workanniversary #anniversary #celebrate

For an #employer, it's vital that you remember at least ONE thing when it comes to your #HealthInsurance. Your premiums are the health insurance carriers revenue. Naturally, they want to increase their revenue, and you want to decrease your costs. Big national carriers are not in alignment with your financial and business goals. That's why it's up to you to take control of your #costs. We are helping employers in #CentralTexas take control of their spending by helping them lower cost and put money back into their business and their employees. #NewDawnInBenefits #benefits #employeebenefits #hr #humanresources #cfo #ceo #costcontainment #claimsmanagement #healthcare

#PreventativeCare is so important in the long run. In a simple annual preventative visit, doctors can identify 80% of chronic illnesses early. Identifying disease and illness early can have a massive impact on quality of life, life span, and future #HealthInsurance claims. Encouraging employees to get their annual preventative visits is crucial. We encourage #Employers to provide PTO for annual preventative visits so there is no financial burden on an employee when they seek basic #healthcare. The ROI on claims is worth the hour of paid time off. #NewDawnInBenefits #benefits #employeebenefits #benefitsstrategy #pto #hr #humanresources

Sixty-three percent of C-suite leaders at companies mandating RTO policies said the move back to office work caused "a disproportionate number of women to quit," according to a recent survey from Upwork, a virtual marketplace for freelancing talent. Executives from the U.S., the U.K., Australia, and Canada participated in the unpublished study. #NewDawnInBenefits #womenatwork #returntooffice #benefits #employeebenefits #virtual #rto #returntowork #hr #humanresources

When you are fully-insured, you are under the control of the #HealthInsurance carrier. They determine your rates, cost of claims, what doctors you can see, and where you buy your medications. You as an #employer are the carrier's puppet, and your premium dollars are their #profit. We help employers cut their strings with major profit center health insurance carriers by building a plan that works for their employees and their future financial growth. #NewDawnInBenefits #strings #healthcare #claimsmanagement #benefits #hr #humanresources #cfo #ceo #employeebenefits #benefitsconsultant #benefitsstrategy