High Deductible Health Plans (HDHP) are medical insurance plans that have high annual deductibles (the amount a patient needs to pay out of pocked before the insurance kicks in). How high? Well that depends on your plan, but it can range as high as $6,550 for an individual or $13,100 for a family. These plans Read more…
Category: Benefits Strategy
;Best practices and insights about how to design and run your company’s wellness benefits program.
Benefits Strategy
Introduction to Health Savings Accounts
There are many reasons why companies are choosing to offer health savings accounts (HSAs) as a part of their employee benefits package. Health insurance prices are on the rise, and HSAs help business decrease costs. A company also may choose to offer HSAs in addition to more traditional health care options as a part of Read more…
Benefits Strategy
4 Ways to Attract and Retain Millennials
Millennials are predicted to make up a whopping fifty percent of the workforce by 2020, and they are looking for more than just a larger paycheck from their employers – they’re looking for a great employee experience! In order to keep up, companies are trying new and interesting benefits packages. Here are a few ways Read more…
Benefits Strategy
Investing In Employees is Key to Your Business’s Success
It’s no secret that Google is one of the most valuable companies in the world. The brand is valued at over 100 billion dollars! That is an incredible feat for a company that is not even twenty years old. One of the biggest contributors to Google’s success is the high caliber of talent they have Read more…
Benefits Strategy
What Exactly Is Incentive Management?
There’s a ton of research praising the benefits of incentive management in the office, but what exactly is it? Is it right for your company? Most likely. Incentive management is the practice of using employee benefits, employee benefit program(s) and incentives to motivate employees to reach specific goals. Incentive management also includes the administrative components Read more…