Category Archive For "Insurance"
Unifying international employee benefits: how using a broker makes better sense
A challenge facing many businesses with multiple global operations is managing the benefits of their staff. In an age where salaries alone are no longer sufficient to attract the high calibre talent companies look for to drive their success further, juggling international employee benefits can be a tough task. Still, the lure of emerging markets …
Back-to-work strategy: How to help new parents transition back to work
Returning to work after taking time out can be tough, especially for new parents. Assuming most companies want to retain their talented returnees, it behooves employers to address the reintroduction of employees to the workplace and provide a softer landing for returning new parents. But, how can employers better facilitate new parents returning to work? …
Health insurance coverage and employee health outcomes
We often hear people in the healthcare sector talk about ‘health outcomes’, but what does it really mean? According to World Health Organization, an outcome is “a change in the health status of an individual, group or population which is attributable to a planned intervention or series of interventions, regardless of whether such an intervention …
Health insurance fraud and its impact on the health care system
Wherever it’s found, fraud and corruption cost more than just the money some get away with. Like a stone dropped into a pond, the effects of fraud and corruption in a health care system can send ripples outwards, nudging everything in its wake from costs and resources in the sector. As mentioned in our earlier …
International travel insurance requirements: What employers need to know
In an increasingly globalized marketplace, placing employees in assignments across international locations has become an essential part of doing business. Sending staff overseas, however, can be a fairly complex and involved task. Beyond organizing employee accommodation and travel arrangements, it is also imperative to arrange adequate international travel insurance coverage to safeguard the health and …
Managing risks involved with overseas-based staff
For Human Resources staff, ensuring the safety of your workers heading abroad on overseas assignments means assessing and mitigating the potential risks involved. When it comes to managing risks, securing appropriate insurance can go a long way. Often the things that we perceive as being major threats are the last things that will go wrong; …
Cyber attacks vs natural disasters: Which cost more?
It’s a sad thing to say, but there have been a plethora of storms happening recently. At the time of this article’s writing, much of Houston, Texas is underwater. Hurricane Harvey barreled down upon the city, dumping over 11 trillion gallons of water on the area and causing widespread flooding that has devastated the local …
Australian households find private health insurance too complex
With over 40,000 plans on the market, private health insurance has become “a quagmire of cost and confusion” for Australian households, says Matt Levey, the Director of Campaigns and Communications at consumer group CHOICE. In a national survey commissioned by CHOICE, it was found that nearly half (44 percent) of Australian policyholders consider comparing health …
New Ecuador visa requirements: Expats must show proof of health insurance
New Ecuador visa requirements have now made it mandatory for all long term tourists, temporary residents, and permanent residents including expats to have health insurance that covers them for the entire duration of their stay in the country. It is therefore essential for anyone visiting or moving to Ecuador to be aware of the recent …
What your company can do to tackle health insurance fraud
Health insurance fraud is a serious problem for insurance providers and the greater health industry in general, amounting to “tens of billions of dollars” in losses every year. As discussed in our recently released Cost of International Health Insurance – 2017 report, healthcare fraud plays a significant role in driving up the cost of healthcare, …