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In fact, most studies indicate losses are twice as powerful, psychologically, as gains. People are highly motivated to avoid what they consider a loss.
The below article is from Employee Benefit News, written by Andrew Brickman, on April 11, 2017. I remember an old advertising line from a discount retailer that said, “An educated consumer is our best customer.” The discounter was promoting the idea that customers who understand the true cost and value of products are loyal and [...]
Have you ever tried to make sense of health care bills after a serious illness? Did you fantasize about marching into your insurance company president’s office, handing him or her a box full of EOBs and demanding a real explanation of your benefits?
The below article was posted by benefitspro.com on March 29, 2017 and was written by Marlene Y. Satter. Photo Source benefitspro.com If they want greater engagement from their insureds, health plans should tone down the communications about bills and fees, but that doesn’t mean insureds don’t want to hear from them. In fact, [...]
One of the challenges of being in the benefits field is persuading people to take action. We want them to participate in an annual health risk assessment, exercise, get their children vaccinated, save for retirement . . . the list goes on and on.
Press Release from Education and the Workforce Committee Chairwomen Virginia Foxx on April 5, 2017. The House today passed the Self-Insurance Protection Act (H.R. 1304), legislation that would protect access to affordable health care options for workers and families. Introduced by Rep. Phil Roe (R-TN), the legislation would reaffirm long-standing policies to ensure workers can [...]
Tailoring pension and benefits messages by age or generation is a good first step toward helping plan members make better decisions. But that may not go far enough.
Preventive care is vital to keep your employees healthy. They stay healthy, you save on health care costs—It’s a win-win for employees and employers.
The biggest gamble in the House health-care bill is whether it includes enough reform to arrest the current death spiral in the individual insurance market.
