When it comes to what stresses Americans, topping the list are health care, financial issues, and concerns over trust in government, according to a 2017 survey by The American Psychological Association. People are more likely to report symptoms of stress including anxiety, anger and fatigue, than in the past. At the same time, many Americans don’t have adequate support systems. …
One of the biggest enrollment challenges is communicating effectively so that employees understand and appreciate their benefit options. Too often, communications fall short. Employees say these are their top frustrations with open enrollment, according to a survey by Namely: 34% say there are constant changes and choices. 19% say the materials are full of jargon and are hard to understand. …
May is Disability Awareness month, which gives you a natural opportunity to discuss income protection with your clients. Most people wouldn’t consider dropping their homeowners insurance or their car insurance. But what about protecting the ability to earn an income? Many Americans are not prepared to deal with the financial consequences of a disabling illness or injury. In fact, almost …
Younger workers are the least likely to enroll in vision plans, according to a recent survey by Transitions Optical. Many just don’t understand the importance of vision benefits or what their plan covers. Here is how vision plan participation breaks out by age group: • 50% of Gen Z employees: up to age 23 • 75% of Millennials: ages 24 …
When it comes to enhancing employee benefit plans, CoPower VANTAGE is like icing on the cake. This sweet portfolio offers your groups sought-after products and services at a free or discounted rate. With CoPower VANTAGE, you can offer discount prescription cards, HR assistance and recreational discounts. Your clients will appreciate these great features: HR360™ Many employers struggle to keep up with human resource …
Advisors often have to deliver bad news about the rising costs of their clients’ medical plans. With these growing cost pressures, many small employers feel that they simply can’t afford to offer ancillary benefits. And that puts them at a hiring disadvantage in a tight labor market. You can bring some good news to your clients with voluntary benefit options …
Many employers see dental and vision coverage only as nice-to-have benefits in a tight labor market. But offering dental and vision can also reduce health care costs. Eye exams and dental exams can uncover diseases early, reducing the chances that a patient will need a more serious and costly medical intervention. Dental Benefits Poor oral health can lead to problems …
What do 3 plans, 1 application and 1 bundle rate add up to? A huge win. With CoPower ONE,™ groups of 2-99 can pick from 10 curated packages for comprehensive coverage at affordable prices with a fixed price per employee. Ancillary offerings, including dental, vision and life, are underwritten by industry leaders like Delta Dental, VSP and Unum. When the offer’s …
It’s simple: A happy employee is a profitable employee. So it’s in the company’s best interest to keep their talent pool engaged, healthy and motivated. Here are five ways to be at the top of the employer game — and some don’t cost a cent. Accessible executives When employees of all levels feel like they can voice their ideas, solutions, …
