benefitbay®’s Post

In order to have more control of your #employeebenefits spend it helps to understand the difference between RATE VS COST. You don't have a lot of control over your RATES (watch the video blow to learn why) BUT with the right strategies in place you can focus on lowering the COST of #healthcare being delivered within your health plan. This will help you address high-cost claims AND increase access for your employees with other health risks Watch the video below to see the top 3 areas you can focus on to control your health insurance costs. #hr #siliconvalley

Curious about taking control of your health insurance plan and caring for your employees' health? Join our Employee Benefits Captive 101 Webinar to learn how group captives can offer better benefits and a lasting legacy for businesses with over 50 employees. We're just one week away, sign up now!

According to America’s Health Insurance Plans (AHIP) data, 82.5 percent of every health care dollar is spent on prescription drugs, health care providers and services. We understand that you want to provide your employees with valuable benefits that fit your budget. That's why we offer customized solutions that meet your needs and goals. We'll show you what's possible without straining your budget. #healthcarespend #selffunding #employeebenefits https://lnkd.in/ex5qkTXR

Health Insurance Renewal Upcoming? Don't face open enrollment with more paper applications. Modernize your benefit enrollment and HR capabilities with Employee Navigator tools and resources designed specifically for your organization. Watch how: https://lnkd.in/gYJDh29v

Are you ready to take control of your company's health insurance plan? Join Innovative Captive Strategies for an Employee Benefits Captive 101 Webinar and learn how a group captive can be the key to success! Register now.

The majority of HR leaders expect health insurance costs to rise up to 35%. Our 3rd annual Employee Benefits Pulse Check report captures insight from 250 benefits HR makers about the benefits that will make an impact next year. ▶️ Access the report: https://bit.ly/3ZS2oOK ◀️

Ten vital components that your employee benefits broker should do!

While discussing employee benefits can be challenging, it's important to have a strategy in place for communicating benefits options and changes. Here are some tips:

While discussing employee benefits can be challenging, it's important to have a strategy in place for communicating benefits options and changes. Here are some tips:

It's important that employees can confidently use the benefits available to them. Employers can help by making sure they have all the information and support they need to understand their health benefits. In this week’s Allstate Benefits #BlogSpotlight we cover strategies that can help boost employee engagement in group health plans. #SmallGroup #SmallBusiness #midmarket #employeebenefits #groupbenefits #selffunding #referencebasedpricing #levelfunding