Category Archive For "Group Insurance"
7 Reasons Why Your Business Needs a Benefits Consultant
Navigating the intricacies of insurance plans, provider networks, and other regulatory requirements can be a daunting task for any business. However, this is where the expertise of a benefits consultant becomes invaluable. From tailoring benefits packages that align with your business goals to negotiating favorable premiums and facilitating effective communication with your employees, a skilled …
Employer of Choice: What is it and How to Become One?
From the highly educated researcher to the experienced marketer and the charismatic salesperson to the motivated intern, every company wants the best and brightest when hiring for a role. But these top candidates won’t consider just any company. To get their attention, it’s necessary to be a top employer. Don’t fret if you’re not (yet) …
Key Metrics for the Success of Your Group Health Plan
A key part in managing your group health insurance plan is to constantly review its performance against key metrics such as the loss ratio, the average claims per members, and the number of people in your plan to determine how well your plan fits in your organization and where you can improve. Are you looking …
All You Need to Know About Group Health Insurance for Your Business
A group health insurance plan offers coverage to employees of a company and is much cheaper compared to individual health insurance. However small businesses tend to shy away from offering such plans due to lack of understanding of resources. In today’s blog post, we will be going over group health insurance for small businesses and …
Carl Jung’s archetypes and how they show up in the workplace
How much time do you spend at work? On average, most workers spend 2,080 hours at work per year, and 90,000 hours at work over a lifetime. Consider the number of interactions you’ll have with your employers, coworkers, clients, and partners over the timespan. When work makes up for one-third of your life, it’s easy …
Corporate wellbeing trends and opportunities seminar
Pacific Prime and Bupa Global have teamed up to host a seminar on corporate wellbeing trends and opportunities at the China Club in Hong Kong, which was held on the 26th of September 2019. The seminar centered around the latest employee benefits trends and programs. We were also joined by the City Mental Health Alliance’s …
Back to school safety and insurance tips
September is an exciting time of year for students to head back to school. As school administrators, however, it also means that it’s high time you should review your students’ safety, as well as the risk management strategy of your educational institution since changes year to year could lead to adjustments in your insurance needs. …
Climate change effects that your business should prepare for
Climate change effects businesses in many ways; from physical damage due to strong winds, flood or fire to business interruption and employee liability costs. In light of the recent California wildfires, as well as the large hurricanes seen globally in 2018, climate-related insurance claims have gone up not only for the individual policyholders, but also …
How is technology changing employee benefits?
Technological trends are influencing the ways in which employees view and consume employee benefits packages. For instance, they can now track their benefits and stay up to date with all the latest health and employee benefits news with just a few clicks of the mouse. Thanks to the latest tech, educating and informing employees about …
What is an employee benefits market review?
Nowadays, it’s not just a salary that keeps your employees loyal and happy. Other employee benefits such as company medical plans, flexible working hours, and paid time off are now as important, if not more so than pay. HR teams are thus facing a number of new challenges, chief among them being identifying the right …
