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.

 

COVID-19 Announcement
NEWLY RELEASED: The Current Insurance Report 2022, Issue 1! Now a triannual publication, you’ll get actionable employee benefits trends & strategies even quicker!
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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

3 Steps to Choosing the Right EAP for your Organization

Travis Turner

Choosing the right EAP to support employees doesn’t have to be a mystery | Corporate Synergies

EAPs provide employees with essential support—and make your organization more attractive. Here’s how to choose the right EAP for your group. An employee assistance program (EAP) is an important part of your employee benefits package, but choosing the right EAP … Read More

Long-Term Benefits Plans Safeguard Companies from Turbulent Times

Harrison Newman and Pamela Smith

A strong long-term benefits plan can help your organization weather the storm | Corporate Synergies

The value of a long-term benefits plan isn’t just the plan itself but what it reveals about an organization’s goals, priorities and resources. As Warren Buffet said, “Someone is sitting in the shade today because someone planted a tree a … Read More

Vaccine Incentives and Other Fall 2021 Compliance Impacts

Pamela Smith and Dan Kuperstein

We’re monitoring fall 2021 compliance impacts to keep employers’ minds on their business | Corporate Synergies

Expect fall 2021 compliance impacts in the areas of benefits strategy, workplace policy, and vaccine incentives. Recent pandemic-related developments, including those before the Biden Administration’s announcement of a federal vaccination mandate for private sector employers, have had (and will continue … Read More

4 Tips for Managing Open Enrollment During Disruptions

Corporate Synergies

Avoid toppling your employee benefits strategy when conducting open enrollment during disruptions | Corporate Synergies

Flexibility and communication can help employers and employees avoid issues when conducting open enrollment during disruptions, like COVID-19. Managing all the moving parts of open enrollment is a complex process at the best of times. Rely on your trusted partners … Read More

3 Questions You Must Ask Before Signing Your First Stop-Loss Insurance Contract

Luciano Franco and Earl Rutter, Jr.

Employers should ask these 3 questions before signing a stop-loss insurance contract | Corporate Synergies

Stop-loss insurance contracts offer important protection for self-funded employers—but employers must ensure they’re providing the right coverage. Responsibly transitioning to self-funded health insurance can provide cash flow flexibility for some employers—and they are taking the plunge. In 2018, 38.7% of … Read More

Dollars, Data & Design: Self-funding Benefits

Corporate Synergies

Employers are realizing self-funding benefits. 67% of covered employees are in self-funded plans. | Corporate Synergies

Your organization may be able to harness more self-funding benefits than you realize. If an employer hasn’t incorporated a self-funded feasibility analysis into their strategy this year, they may be missing the boat. If your organization wants to be proactive … Read More

Our Take: National Nonprofit Day Recognizes Orgs’ Unique Needs

Corporate Synergies

People come together to recognize the needs of organizations on National Nonprofit Day | Corporate Synergies

National Nonprofit Day reflects the history of tax-exempt organizations, but many are now worried about their future. The pandemic impacted all organizations, but it especially exacerbated existing issues concerning many nonprofit organizations. Many are now trying to maintain their mission … Read More