Paul Wilson is the editor-in-chief of BenefitsPRO Magazine and BenefitsPRO.com. He has covered the insurance industry for more than a decade, including stints at Retirement Advisor Magazine and ProducersWeb.
While some of the more objectionable features of the proposed MHPAEA regulations were not finalized, their basic structure remains fully intact, including provisions that employers found most burdensome.
Many employees miss out on saving hundreds or even thousands of dollars each year for three reasons that advisors and employers can easily resolve during open enrollment.
The explosion of self-funding is forcing benefits consultants to deliver best-in-class solutions for every claims category, resulting in a whole new phenomenon: point solution fatigue.
By thinking critically about benefits approachability, benefits advisors and employers can boost employees' health care literacy, see higher utilization rates and heighten morale and satisfaction.
Partnering with a retirement plan specialist can help you design a 401(k) plan that supports recruitment and retention efforts without causing more administrative work that takes away from focusing on growth.
By staying informed and proactive, advisors and brokers can help ensure that employee benefit plans remain robust, compliant, and beneficial for all stakeholders.