CareFirst BlueCross BlueShield’s Post

💡 Discover how to cut costs, not benefits! Join us for a game-changing webinar on Wednesday, August 14th! Cut costs, not benefits: Unlock savings with self-funding and captives 🕒 Time: 3pm ET | 12pm PT 🔗 Register Here: https://lnkd.in/gXsTC64p The US healthcare system is broken, affecting both employers and employees. But there are better options for providing affordable and effective benefits. Join the Nava Benefits community on August 14th for a conversation with ParetoHealth, an innovative option for captive health insurance. We'll explore how self-insurance and captives can revolutionize how organizations pay for employee benefits while enhancing access to healthcare. What we’ll cover: The fundamentals of self-insurance and captives How these models can lead to significant cost savings and minimize risk Real-world examples and success stories Don't miss out on this opportunity to learn how to manage healthcare costs without compromising quality!

In today’s rapidly evolving benefits landscape, personalization is no longer a luxury—it’s essential. When it comes to health insurance, one-size-fits-all just doesn't work. Every employee has unique needs, preferences, and circumstances. Employers who offer personalized solutions not only show they care, but also empower their workforce to make smarter, more informed decisions about their healthcare. This is why flexible options like ICHRA (Individual Coverage HRA) are gaining traction. They allow employees to choose the plan that’s right for them, while employers can better manage costs. It’s a win-win 🏆 ! Personalized healthcare plans = happier, healthier employees.

Did you know? Approximately 70% of large employers that offer health insurance are self-insured. This means they collect premiums from their employees and pay claims directly, often partnering with health insurers or pharmacy benefit managers to manage benefits. Understanding this trend can provide valuable insights into how big businesses handle healthcare costs and benefits administration. Curious to learn more? Here's an insightful article: #employeebenefits #voluntarybenefits https://lnkd.in/eH8mazpk

Group Private Medical Insurance (PMI) offers comprehensive healthcare coverage, giving employees peace of mind and the support they need during challenging times. By ensuring timely and high-quality medical care, Group PMI helps reduce the strain on public healthcare systems and minimises time away from work due to health issues. Investing in this employee benefit not only supports your team's well-being but also boosts productivity and retention. Unsure of the best employee benefits for your team? Contact me! #employeebenefits #medicalinsurance #privatemedicalinsurance

Attention benefits brokers and HR leaders! Optavise research shows that employees who use benefits educators to learn about health insurance report a 19% increase in confidence understanding how their health plan works than those who educate themselves. Check out Optavise’s Healthcare Literacy Report to learn how employers have an important—and growing—opportunity to educate their workforce about how to choose, and use, their healthcare coverage effectively. The report includes ways you can improve #healthcareliteracy. Would love to hear your feedback on what may be working for you! https://lnkd.in/eDciR6_6

Prioritizing Your Well-Being with Prism Benefits 🌟 Ever felt like your healthcare insurance prioritizes revenue over your health? You’re not alone. At Prism Benefits, we’ve seen patients hesitate to use their benefits due to high costs and opaque processes. That’s why we’re on a mission to change the narrative. Our goal is to educate and empower you with the knowledge of what’s possible in healthcare. Curious about our approach? Watch this overview video to discover how Prism Benefits is transforming health benefits delivery for employees. 📺⤵️ Watch the video below!

To my broker and employer partners, employee understanding of their benefits enhances your opportunity to optimize your overall benefit portfolio.

Attention benefits brokers and HR leaders! Optavise research shows that employees who use benefits educators to learn about health insurance report a 19% increase in confidence understanding how their health plan works than those who educate themselves. Check out Optavise’s Healthcare Literacy Report to learn how employers have an important—and growing—opportunity to educate their workforce about how to choose, and use, their healthcare coverage effectively. The report includes ways you can improve #healthcareliteracy. Would love to hear your feedback on what may be working for you! https://lnkd.in/gqZrvEu8

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In his most recent BenefitsPRO article, Selerix Vice President of Business Development, Jasper Purvis, discusses why brokers need to play a stronger consultative role by reminding their clients that HR already has a proven weapon to help combat employee dissatisfaction: core benefits. When it comes to moving the needle on employee satisfaction, a good range of core benefits such as medical, dental, and vision insurance can make all the difference. They do more than simply help employees better afford the cost of health care. https://lnkd.in/eaJHsP6y #employeebenefits #corebenefits #employeesatisfaction