Improving the Utilization of Employee Assistance Programs
Employee assistance programs (EAPs) are employer-sponsored programs that offer services or referrals to help employees deal with personal problems. These programs can boost employee well-being, satisfaction, performance and health. Unfortunately, these programs are often heavily underutilized. According to Mental Health America, 98% of mid- to large-sized companies offer EAPs, but only 4% of employees use […]
Open Enrollment Glossary of Terms
Open enrollment is the time of year reserved for you to make changes to your benefit elections, and unfamiliar terms can make this process confusing. Use these definitions of common open enrollment terms to help you navigate your benefits options. Coinsurance – The amount or percentage that you pay for certain covered health care services […]
5 Tips for Maximizing Your HSA
Health Savings Accounts (HSAs) are becoming an increasingly popular way for individuals to save money on healthcare expenses while also reducing their taxable income through its tax benefits. They’re an excellent tool for managing out of pocket expenses for health care such as dental services, vision expenses, and other qualified medical expenses. It can be […]
Group Life Insurance vs Individual Life Insurance: Knowing the Difference
Making sure you and your family are properly protected is one of the most important things an employee can do. Group life insurance policies are a great starting point, but knowing the differences between individual plans and group coverage is critical to fully understanding your options when it comes to protecting yourself and those you […]
Accident Insurance: Coverage for the Entire Family
Accidents can happen at any time, to anyone, anywhere. As a parent, you want to protect your family from the unexpected and ensure that they have access to the best medical care possible if they ever need it. This is where accident insurance comes in. Accident insurance is designed to help cover the costs associated […]
How to Prepare for Your Open Enrollment Period
Open enrollment is a critical time of the year. It’s the time of year when you, as an employee, have the opportunity to review, modify, or confirm your benefit selections for the coming year. You can buy health insurance, dental insurance, and other health coverage during this annual enrollment period. You can also make changes […]
What If Disability Insurance Was Called “Paycheck Protection”?
Disability insurance plays a crucial role in protecting individuals from the financial hardships caused by unexpected injuries or illnesses that can affect their ability to work. However, the perception of disability insurance can often be misunderstood or undervalued. What if we reframed disability insurance and called it “Paycheck Protection”? Let’s reimagine how we view disability […]
