More Than a Triple Tax Benefit: A New Way of Looking at HSAs

2021-04-21T08:40:24-04:00April 19th, 2021|Blog, Broker, Employer, Health Benefits Decision Support|

Health savings accounts (HSAs) are powerful vehicles for helping consumers pay for healthcare expenses—in large part because of their associated triple tax benefit. Money is deposited pre-tax, can grow tax-free, and can be withdrawn tax-free to pay for qualifying healthcare expenses. Yet, despite these significant benefits, experts say HSAs are consistently underused. This underuse [...]

Healthcare Pricing Transparency Isn’t the Future. It’s Happening Now. Here’s What You Need to Know:

2021-03-23T18:40:21-04:00February 2nd, 2021|Blog, Broker, Employer, Health Benefits Decision Support|

Healthcare pricing transparency is the gateway to consumer autonomy. If consumers know how much a procedure will cost, they can compare prices at different hospitals and under different health plans. If they can calculate their annual healthcare expenses, they can better plan their finances. However, healthcare pricing has been continuously obscured, even as costs [...]

A Roadmap for Turning Healthcare Users into Healthcare Consumers

2021-03-05T13:14:07-05:00December 17th, 2020|Blog, Broker, Employer, Health Benefits Decision Support|

“I feel this blanket of exhaustion settling on the nation,” says public health expert Dr. Elizabeth Coté, MD, MPH. We’re ten months into a global pandemic that has wreaked havoc not just on people’s health and wallets, but on their confidence in the healthcare system. People are fed up with an inconsistent and uncoordinated [...]

Personalized Decision Support System Takes the Guesswork Out of Health Plan Selection

2021-03-05T13:20:09-05:00October 26th, 2020|Blog, Broker, Employer, Health Benefits Decision Support|

We have to make a lot of decisions based on best guesses. Choosing a health plan shouldn’t be one of them.  Health insurance is one of the biggest financial and medical decisions consumers make every year. But often, people choose a plan based on what they’ve had in the past or what their colleagues [...]

Findings from Two Reputable Studies Illustrate Importance of Health Plan Decision Support

2020-10-28T10:33:00-04:00October 13th, 2020|Blog, Broker, COVID-19, Employer, Health Benefits Decision Support, Insurer, Open Enrollment|

By helping employees choose their best value health plan, employers can positively impact employees’ health and wallet. Two recent studies from Aflac and the TIAA Institute illustrate that this matters more this year than ever before because: Employees continuously choose the wrong health plan, which affects their long-term ability to save. Helping employees choose [...]

The Flu Vaccine and Your Employees: Three Ways to Promote Wellness

2021-03-05T13:23:35-05:00September 30th, 2020|Blog, Employee Wellness, Employer|

Promoting the flu vaccine is a triple-win for employers. It can increase employee wellness and morale during an incredibly uncertain time. It can reduce the economic burden of flu-related lost workdays (20.1 million in the U.S.). And it can protect employees while the threat of the COVID-19 pandemic continues to loom. Since all health [...]

These Behavioral Science Techniques Can Help Employees Choose Better Health Plans

2021-01-09T13:24:32-05:00September 16th, 2020|Blog, Broker, Employer, Health Benefits Decision Support, Open Enrollment|

People don’t like choosing health insurance. Less than 10 percent of people change plans each year and the majority would rather do three hours of intense physical activity than examine their plan choices more closely. Now, that all needs to change – this year may be the most important open enrollment of our lifetime. [...]

Build Resilience in Your Workforce

2021-01-09T13:11:02-05:00September 3rd, 2020|Blog, Broker, Employee Wellness, Employer|

Employees are facing unimaginable upheaval because of COVID-19. They’ve been forced to navigate a transformed virtual workplace while their personal world shrinks to within the limits of quarantines and social distancing. They’ve watched colleagues, family, and friends endure layoffs and furloughs alongside a drastically shrinking economy. They’ve witnessed an unprecedented number of lives lost. [...]

Communicating Health Benefits Virtually – Five Tips for Success

2021-01-09T12:44:16-05:00August 13th, 2020|Blog, Broker, COVID-19, Employer, Health Benefits Communication, Open Enrollment|

The shift to remote work means that open enrollment is going to look and feel drastically different this year. The good news? Taking things virtual could actually make it easier for employees to understand the benefits you offer. After all, health benefits are confusing: Only 4 percent of Americans can correctly define deductible, co-pay, [...]

With COVID-19, the Pressure’s on to Rethink Health Insurance

2021-01-09T12:30:41-05:00July 29th, 2020|Blog, Broker, Employer, Health Benefits Decision Support, Health Insurance, Insurer|

Now, more than ever, health insurers and employers are feeling the pressure to do better on behalf of their constituents. By easing employee confusion, stress, and financial strain, insurers and employers can be invaluable allies during this crisis—and visionary leaders in a rapidly changing health care environment. Even before COVID-19, the inefficiencies inherent in [...]