The Knowledge Center

Our health & welfare experts write articles, host webinars, launch videos and get interviewed by employee benefits, insurance, business and national media. It's award-winning insurance journalism which can be found here weekly.

 

2022 The Current
NEWLY RELEASED: The Current Insurance Report 2022, Issue 3! Now a triannual publication, you’ll get actionable employee benefits trends & strategies even quicker!
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7 Open Enrollment Solutions for Today’s Challenges

Travis Turner and Stephanie Eisele

Open enrollment solutions involve developing and arranging multiple pieces for the best impact | Corporate Synergies

On par with most employee benefits, the open enrollment process has transformed in recent years, causing employers of all sizes and industries to seek open enrollment solutions to common challenges. Often, this means rethinking and revisiting their engagement strategies. HR … Read More

Demographic Studies and Real-Time Benchmarking Data Enable Strategic Planning

Pamela Smith

Demographic Studies and real-time benchmarking offers essential insights that guide your strategic decisions | Corporate Synergies

Analyzing real-time benchmarking data and demographic studies is the first step to setting meaningful and attainable strategic goals. It’s indisputable: The pandemic and the subsequent “Great Resignation” have made benefits more valuable in the marketplace, leaving organizational leaders wondering how … Read More

Is Self-Funding the Solution to Rising Medical and Drug Costs?

Luciano Franco and Tony Marconi

Self-funding may be a solution to rising medical and drug costs for employers. | Corporate Synergies

Employers are increasingly considering self-funding to counter rising medical and drug costs and serve their population with the benefits they actually need. In our experience, the cost of health insurance is the second largest expense behind payroll for most employers. … Read More

Using Data to Craft a Competitive Recruitment and Retention Plan

Pamela Smith

Keep attracting employees and candidates with a data-backed, competitive recruitment and retention plan. | Corporate Synergies

By looking at industry trends, benchmark data and demographic surveys, your consultant can help you craft a competitive recruitment and retention plan. While many workers are quitting their jobs, most are actually switching jobs. Employers in all sectors are working … Read More

Marketing Your Benefits: How to Create Competitive Messaging

Pamela Smith

Effectively marketing your benefits helps employees listen and understand how to utilize them | Corporate Synergies

Having the best benefits package does little good if job candidates—or current employees—don’t understand its value and how to use it. In a hyper-competitive hiring environment, we know candidates are evaluating all aspects of a potential new employer, especially benefits. … Read More

Boost your EAP with Voluntary Benefits

Nick Park

Boosting your EAP with voluntary benefits will help support, attract and retain employees | Corporate Synergies

Even before the start of the COVID-19 pandemic last year, mental health and holistic wellness were some of the hottest topics in benefits. After all, they seem like no-brainers: Happier, less stressed employees are more productive, require less sick time … Read More

Rethinking the EAP Value Assessment

Travis Turner

Organizations can realize an EAP’s value even if only some employees use it | Corporate Synergies

An EAP’s value is not always apparent, but when properly selected, communicated and administered, they are one of the most cost-effective benefits. Though emergency services aren’t at the center of every employee’s benefits experience, employee assistance programs (EAPs) are a … Read More

Our Take: Participants Will Need Help Navigating OTC COVID-19 Test Coverage

Corporate Synergies

Insurer OTC COVID-19 test coverage processes vary which can be difficult to navigate | Corporate Synergies

Employers must review carefully and communicate OTC COVID-19 test coverage details to participants, especially if they offer plans from multiple carriers. Effective January 15, 2022, group health plans and health insurers must cover over-the-counter (OTC) COVID-19 tests without any cost-sharing … Read More

Our Take: HDHPs Promote Cost-Conscious Behavior, Survey Shows

Corporate Synergies

HDHPs promoted cost-conscious behavior and encouraged enrollees to shop around for medical care | Corporate Synergies

A new survey shows that HDHPs are another tool employers can use to promote cost-conscious behavior for plan participants. As healthcare costs continue to rise for employers and plan participants, healthcare consumerism and benefits literacy education remain an important tool … Read More