This article was published on September 16, 2019 on Hartford Business written by Wendy Pierman Mitzel. Photo source is Hartford Business Journal. 1st Place | Category: 1,000 or fewer employees Diversified Group Headquarters: Marlborough Industry: Health insurance and benefits administration Top Executive: Brooks T. Goodison, President Diversified Group not only offers its customers a worksite [...]
This announcement from the Hartford Business Journal was published on December 3, 2018. Meet CT's healthiest workplaces Hartford Business Journal's first-ever Healthiest Employers Awards recognize organizations dedicated to employee health and safety in addition to their efforts to implement wellness programs. The awards program was done in partnership with the Healthiest Employers Group, which determined the [...]
The Employee Benefit Research Institute (EBRI) reports that while the number of mid-sized businesses self-funding their health benefits actually declined slightly during 2015 and 2016, the percentage of smaller employer groups, those with less than 100 employees, increased from 14.2% to 17.4%.
This article was published on May 22, 2018 on Employee Benefit News, written by John Milne. Small and midsize businesses seeking flexible benefit plans for their employees that also provide a means to contain costs often feel their options are limited. The fully insured world restricts flexible and creative plan options, and many employers are [...]
In a recent legislative update from SIIA, it was noted that the New Jersey Department of Banking and Insurance (DOBI) approved regulations lowering minimum stop-loss attachment points for large groups of 51 lives and above, effective in late August. This move allows the large group individual attachment points to be $20,000 per individual, reduced from [...]
In New York, industry efforts to support self-funding for smaller groups have led to legislation extending the grandfathering of existing stop-loss policies for groups of 51 to 100 for an additional year, through January 1, 2019. Other legislation impacting access to stop-loss insurance products by smaller groups has taken effect in Minnesota and is slated [...]
The article below was published on June 2, 2017 by BenefitsPRO, written by Nathan Solheim. Image Source: BenefitsPRO In several “Star Trek” series, an alien villain known as the Borg travels the galaxy, assimilating creatures from all walks of life into its space-borne collective. Serious fans know that it’s almost impossible to escape [...]
You work hard to offer your employees a comprehensive benefit package—Don’t let your benefits remain misunderstood!
Organizations identify their top challenge with benefits communication as participants not opening/reading materials. Despite challenges, benefits communication remains a high priority for most respondents.
Rarely does a day pass when there isn’t a news headline decrying how few people are saving for retirement, and among those who are saving, most aren’t saving enough.