Why Invest in Better Health Benefits

Investing in better health benefits may seem counter-intuitive when one of the top HR priorities is controlling benefit costs. But another top operational priority is recruiting and retaining top talent, and good health benefits are critical to accomplishing this. Health Benefits v. Sign-On Bonus You may be asking yourself: Why not invest in something [...]

Why Invest in Better Health Benefits2018-08-29T18:55:04+00:00

3 Ways Expense Reimbursed Insurance Fills Coverage Gaps More Effectively

Coverage gaps are a constant in today’s world of health insurance. It’s common for companies to try to fill coverage gaps with supplemental ‘gap plans,’ also known as indemnity-based voluntary insurance, like hospital indemnity and critical illness insurance. Unfortunately, this type of gap-filler isn’t always effective due to several shortcomings. There is another type [...]

3 Ways Expense Reimbursed Insurance Fills Coverage Gaps More Effectively2018-08-30T15:30:20+00:00

Brokers: 2 Busy Season Blunders to Avoid

August is here, which means that busy season is right around the corner. You’re about to have a lot on your plate: seeking new clients, retaining current clients, solving coverage issues, providing advice, creating benefits structures and more! Here are 2 things to think about now to help you out once busy season arrives. [...]

Brokers: 2 Busy Season Blunders to Avoid2018-07-31T15:58:25+00:00

4 Reasons to Choose Expense Reimbursed Insurance

Expense reimbursed insurance is a type of supplemental health insurance that can be layered on to primary plans to provide additional coverage. While these plans aren’t as well known in the supplemental health insurance market, they are gaining prominence. In fact, ArmadaCare has a suite of three expense reimbursed insured plans with different coverage [...]

4 Reasons to Choose Expense Reimbursed Insurance2018-09-27T20:51:13+00:00

Cool Perks: They Don’t Replace More Valuable Benefits

We are living in the prime of the cool office perks era. Catered lunches, foosball, puppies on-site. They’re all the rage. And you aren’t just finding them at startups or tech companies anymore. This kind of “culture” is being replicated in all industries. But some companies are making a fatal assumption: cool perks are [...]

Cool Perks: They Don’t Replace More Valuable Benefits2018-07-05T14:36:03+00:00

Voluntary Insurance: A Closer Look into the Typical Gap Plan

Voluntary insurance, also referred to as worksite voluntary insurance, is the most common type of supplemental health insurance. A few examples of voluntary insurance plans are critical illness, cancer and hospital indemnity. For years, voluntary insurance has dominated the supplemental market, which is why when employers and brokers think of supplemental insurance, their minds [...]

Voluntary Insurance: A Closer Look into the Typical Gap Plan2018-06-14T20:43:28+00:00

Routine Prescriptions with No Coverage

Employee Benefit News recently published an article that told accounts of people with chronic illness unable to afford routine prescriptions even with their health insurance. One story, in particular, mentioned a woman with diabetes who said this of her prescription coverage: “Honestly, I’m still paying as much as I was paying in school without [...]

Routine Prescriptions with No Coverage2018-05-29T17:58:30+00:00

The Nursing Shortage: Recruiting and Retaining with Health Benefits

The healthcare industry is facing a nursing shortage. Just as recruitment and retention is a top priority for all employers, recruiting and retaining nurse staff in particular is a top priority for healthcare facilities. Today’s tight talent market is making recruitment and retention difficult, but it is not the only contributing factor to the [...]

The Nursing Shortage: Recruiting and Retaining with Health Benefits2018-05-22T14:06:56+00:00

HR Seesaw: Control Benefit Costs and Boost Talent Management

Controlling benefit costs and attracting and retaining a competitive workforce remains the top two HR priorities. But addressing both of those objectives is difficult because one may negatively impact the other. It is important to find a balance between both objectives to steady the teetering seesaw. Control Benefit Costs Over the past decade, primary [...]

HR Seesaw: Control Benefit Costs and Boost Talent Management2018-05-21T14:41:08+00:00

Group Supplemental Health Insurance: Key Terms to Know

As the benefits industry has evolved, our terminology has struggled to keep up with it. This is especially true with group supplemental health insurance. While many still use supplemental health insurance as a blanket term, we aim to drill down a little deeper to clarify the different sub-categories and capabilities that supplemental health insurance [...]

Group Supplemental Health Insurance: Key Terms to Know2018-04-25T14:13:30+00:00