What should employees do when companies cut healthcare benefits?

With skyrocketing medical costs, employers nowadays are getting more concerned over their insurance budgets, especially within companies which offer more lush insurance plans that include dependent benefits, as well as dental and vision coverage. While companies strive to retain top talent and increase employee engagement with the right mix of benefits, we at Pacific Prime …

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Five tips to innovate your company’s employee benefits

As an insurance brokerage, we here at Pacific Prime have seen all forms of new and innovative employee benefits. Sometimes these perks are oftentimes so creative that office ping-pong tables or birthday leave seem to pale in comparison. Examples include work anniversary gifts, botox leave, protest training, pawternity leave, and even a dating subsidy. Unique …

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Raising breast cancer awareness in the workplace

October marks the Breast Cancer Awareness Month, which is celebrated across the world to increase attention and support for the prevention, early detection, and treatment of breast cancer. Apart from individual efforts, employers can also promote breast cancer awareness by encouraging your valued employees to participate in early detection. It’s not only about reducing the …

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What affects the cost of health insurance in your country?

Every year, The Economist’s Global Liveability Index assesses the lifestyle qualities of locations around the world by assigning a score taking into account over 30 qualitative and quantitative factors, among which healthcare is one of the most crucial areas. Naturally, we all want to live in a place with efficient healthcare and cost-effective private health …

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Announcing the release of Cost of International Health Insurance Report – 2018

Pacific Prime is proud to present our latest report – the Cost of International Health Insurance Report for Individuals and Families 2018; a welcome addition to our collection of professional industry reports. Now in its fourth iteration, this free report, as with previous versions, addresses the average cost of International Private Medical Insurance (IPMI) in …

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An essential step to lifelong health: long-term medical insurance

Thanks to technological advances and nutrient-rich diets, the average life expectancy of our generation is getting much longer. Yet, longer lifespans do not necessarily guarantee a better quality of life. This is especially true for those who have encountered serious accidents, or have developed a chronic condition that requires long term medical treatment. The last …

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How do employee benefits reflect your company culture?

Recently, a New Zealand firm trialed a four-day working week and called it an ‘unmitigated success’, stirring up heated discussions and envy over the Internet. In face of the increasingly competitive talent market, it seems that other than the paycheck, employee benefits package is getting more important in recruiting and retaining employees. As such, the …

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