Tag Archive For "Corporate health insurance"
How a consultant can help support your comprehensive benefits package
A common phrase used a lot in sales is “Cut out the middleman!”. This is often followed by sentiments like “Go betweens are costly”, and “they add very little benefit to you as a consumer”. That may be true in some industries but, in the world of corporate insurance, the right consultant can really enhance …
Key elements of successful global benefits strategies
Having a successful employee benefits package can take a lot of work. They’re not simply “set and forget” measures that magically reduce absenteeism and improve engagement. The most successful international packages are supported by well thought out global benefits strategies which not only seek to improve delivery and take up of your company perks, but …
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 …
Employee Benefits Plans: Important things to remember when structuring
If you are a Human Resources professional, or otherwise administer your company’s group health insurance plan, it can oftentimes feel overwhelming. It’s hard enough to keep up for those that have been dealing with employee health insurance for years. This group no doubt already has learned many of the ins and outs of obtaining, managing …
Silver Tsunami Survival: Aging Populations and Your Business
Over the past few decades the world has seen a trend that is both good and bad: People are living longer than ever before. This mass aging in many developing and developed countries is often referred to as the ‘silver tsunami’ due to its far-reaching and unavoidable nature. “How could this be a bad thing?” …
Are you getting the best from your employee benefits broker?
Did you know that brokers and intermediaries account for a significant majority of the businesses in the insurance sector? This is an important point to know when it comes to ensuring you’re getting the best corporate benefits package in the market. Many are well aware of big-name players like Bupa Global and Cigna Global, as …
Employee benefits planning: communicating important changes to your staff
For many HR teams, a change in employee benefits can seem like a coming tidal wave looming on the horizon. The top of that wave peaks white with inevitable questions from staff about the new package. Perhaps the rising roar of it warns of the potential discontent of those thinking they’re losing value in their …
Valuing employees key to managing staff retention: Using benefits to show you care
Managing for employee retention takes some strategic thinking and sincere actions to ensure that your staff remain committed to championing your company’s cause. In today’s uncertain economic climate, efforts to re-engage and keep your staff motivated are challenged by the fact that you, like many businesses, might be planning to keep budgets for raises relatively …
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, …
Key metrics for the success of your group health plan
Regardless of your industry, there are a number of components that make up the core of the most successful employment benefits packages, one of the most important (and in demand) being health insurance. The question here is how can you or your HR team judge the success of your plan while ensuring it is meeting …