BENEFITS DESIGN
Inspiration for great design can be found all around us. We know it when we see it because it stands out, is effortlessly simple in its elegance, and simplifies the complex. Whether it is through plan design, benefit communications and engagement, clinical programs or behavior change strategies, great design matters when engaging with your people.
Our company recently enhanced our employee benefits program to allow for all plan participants to be able to schedule a Virtual Checkup through our corporate health plan. Since I just completed the process yesterday, I thought I would share some perspectives as a professional employee benefits consultant who works with self-funded plan sponsors and my unique experience.
The leading PBMs and carriers are aligning interventions with the Centers for Disease Control and Prevention’s (CDC) guidelines. Here are four considerations you might want to review under your corporate benefit plans:
The year was 2003 and I was working with a Fortune 500 company in Austin, TX that would be the first large employer (10,000+ covered employees) to launch a consumer driven health plan (CDHP). The savings the company realized from the federally mandated high deductibles would be redistributed in the form of health savings account (HSA) dollars so employees and their dependents could be better stewards of their own money. Employees loved that the money in the HSA was theirs to keep and they would not lose it at the end of the year (FSA) or when they left the company (HRA).
As we flash forward to the 2019 healthcare marketplace, average deductibles for employer health plans have
Whether it’s Black Friday or Cyber Monday…this year I’m glad to hear some retailers are scaling back their hours so people can...
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