benefitbay®’s Post

Why are employee health benefits so important? Ensuring your team’s well-being is more than just a perk—it's a fundamental part of fostering a forward-thinking corporate culture. Investing in comprehensive health insurance plans boosts morale, increases productivity, and helps attract and retain top talent.  Curious to learn more? Check out this insightful article: ⬇️ Ready to take the next step? Work with PT Business Solutions for all your employee health insurance needs. We offer tailored solutions to fit your unique business requirements. Prioritize your employees, and they’ll prioritize your business! #EmployeeBenefits #CorporateHealth #PTBusinessSolutions #Benefitsadministration #EmployeeWellBeing #Human Resources https://lnkd.in/gsV2_j_a

Happy Q4! We all know health insurance is expensive, right? What if I told you that your company is spending 2x more than your health insurance in another area? Would you be interested in learning more? Well, many companies do just that, but only focus on their insurance cost. What if you could do both? What if you could improve both? We have solutions that achieve both. Reach out if you want to know more. Employee turnover is a costly issue for U.S. businesses, but it's not just the tangible costs of recruitment and retention battles that drag an organization down. HUB's Michelle Dix explains how effective managers can influence the kind of supportive corporate culture that attracts the best people and encourages them to stick around in HR Dive. Check it out now: https://ow.ly/zl0M50TrnTR #EmployeeBenefits #EmployeeTurnover #CompanySpending #BusinessSolutions #Recruitment #Retention #CorporateCulture #HRDive #CSuite

Are you a business owner or executive struggling with rising health insurance costs and employee retention? As a CPA and business advisor, I have seen firsthand how these challenges can impact your bottom line and operational efficiency. In my latest article, I dive deep into how partnering with a Professional Employer Organization (PEO) can be a game-changer for your business. Learn how PEOs can help you: Reduce health insurance costs by 30-40% through group buying power Lower employee turnover rates by 10-14% Streamline HR compliance and administration Scale your business more efficiently Discover why companies working with PEOs grow 7-9% faster and are 50% less likely to go out of business. If you're looking to boost profitability and operational efficiency, this insight could be crucial for your 2024 strategy. Read the full article to uncover how a PEO partnership could transform your business operations and set the stage for sustainable, long-term success. https://lnkd.in/di-3te4u #SmallBusinessGrowth, #HRSolutions, #EmployeeBenefits, #BusinessAdvisory, #PEOPartnership, #OperationalEfficiency, #TalentRetention, #CostReduction, #ComplianceManagement, #BusinessScaling, #PEOCompany, #PEOAdvisor, #GuidePointPEO

Health insurance and health solutions are typically the most important part of an employee benefits strategy. Navigating all the options can be challenging, but our ebook details 4 ways you can simplify your benefits this year: https://lnkd.in/gMq_j5W6 #simplify #simplifybenefits #virtualhealth #hr #employeebenefits #summus #healthcare

𝐂𝐨𝐧𝐜𝐢𝐞𝐫𝐠𝐞 𝐏𝐫𝐢𝐦𝐚𝐫𝐲 𝐂𝐚𝐫𝐞 𝐏𝐡𝐲𝐬𝐢𝐜𝐢𝐚𝐧 𝐬𝐡𝐚𝐫𝐞𝐬 𝐡𝐞𝐫 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 𝐨𝐧 𝐡𝐨𝐰 𝐲𝐨𝐮𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐲’𝐬 𝐡𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐨𝐟𝐭𝐞𝐧 𝐥𝐢𝐦𝐢𝐭𝐬 𝐭𝐡𝐞 𝐜𝐚𝐫𝐞 𝐲𝐨𝐮𝐫 𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐞𝐬 𝐫𝐞𝐜𝐞𝐢𝐯𝐞, 𝐚𝐧𝐝 𝐜𝐚𝐧 𝐞𝐯𝐞𝐧 𝐩𝐮𝐭 𝐭𝐡𝐞𝐦 𝐢𝐧 𝐝𝐚𝐧𝐠𝐞𝐫. This was one of the more frustrating and eye opening interviews of this “perspectives” series. It was also one of the most inspiring. Learning first-hand from doctors about the inefficiency created by “the efficiency movement” in healthcare (how is this even possible…), how this creates major frustrations for your employees trying to navigate an already complex healthcare system, and how it unintentionally puts their health in jeopardy. I’m most inspired by the passion, ingenuity, entrepreneurship and problem solving these doctors are bringing to cities near you to provide better care, outcomes and experiences for you and your members. These interviews are intended to be 3 minutes or less, but this conversation ran for about 45 minutes, so will be released in bite sized chunks. Thank you Brighton Miller for sharing your perspective on healthcare and insurance with me and the world! #CEO #CFO #HR #humanresources #employeebenefits #healthinsurance #medical #healthcare #BenefitsInsider

Are you a business owner or executive struggling with rising health insurance costs and employee retention? As a CPA and business advisor, I have seen firsthand how these challenges can impact your bottom line and operational efficiency. In my latest article, I dive deep into how partnering with a Professional Employer Organization (PEO) can be a game-changer for your business. Learn how PEOs can help you: Reduce health insurance costs by 30-40% through group buying power Lower employee turnover rates by 10-14% Streamline HR compliance and administration Scale your business more efficiently Discover why companies working with PEOs grow 7-9% faster and are 50% less likely to go out of business. If you're looking to boost profitability and operational efficiency, this insight could be crucial for your 2024 strategy. Read the full article to uncover how a PEO partnership could transform your business operations and set the stage for sustainable, long-term success. https://lnkd.in/di-3te4u #SmallBusinessGrowth, #HRSolutions, #EmployeeBenefits, #BusinessAdvisory, #PEOPartnership, #OperationalEfficiency, #TalentRetention, #CostReduction, #ComplianceManagement, #BusinessScaling, #PEOCompany, #PEOAdvisor, #GuidePointPEO

With industry forecasts showing lofty health insurance costs and high renewals for 2025, it's important to be in the know of how to control those costs while also keeping your employees happy. Give it a read!

Today’s growing businesses face a real conundrum. On the one hand, offering competitive health benefits is crucial in order to attract and retain top talent. On the other hand, the annual increases in benefits contributions is increasingly difficult to predict, plan and pay for. So how do you, as an entrepreneur trying to get ahead, control these increases without negatively impacting employee retention and recruitment? We help you balance it all out in our free eguide on “Six Ways to Help Control Runaway Health Insurance Benefit Costs.” Download it now.  https://lnkd.in/eGnDipcm  #Benefits24 #BenefitofBenefits #employeebenefits #ValueofaPEO #IncredibleHR

🚨 Fit It Friday is here! 🚨 Each week, I’ll be diving into the challenges health insurance brokers and employers face along with practical solutions to tackle your toughest benefits issues. 👊 We all know rising out-of-pocket healthcare costs are hitting employees hard—leading to frustration and turnover. Don’t let it cost you your top talent. Introducing Ultimate Health®: the perfect complement to many primary health plans. It’s designed to help companies protect, reward, retain, and recruit top leadership talent. Let’s chat today and level up your benefits portfolio with next-level healthcare coverage! #employeebenefits #feelthebenefits #armadacare 

Employee healthcare is....(what word would you put here). I would say it's a HASSLE.  Traditional group health insurance is costly and complex. And let's be honest, They can fall short of addressing diverse needs. ✨Enter ICHRA – a game changer for large employers.✨ It allows employees to purchase their own. 🤯 For the employer: 👉 It controls costs. 👉 Simplifies benefits administration. 👉 Enhances employee satisfaction. What are your thoughts about ICHRA? #Healthcare #EmployeeBenefits #BusinessStrategy #ICHRA #CorporateHealth