Turnover Costs vs. Investment in Innovative Health Benefits

Almost 60% of companies saw retention as a top priority last year. Why? Because the turnover epidemic is real. With the unemployment rate at a 19-year low, job opportunities are up considerably, which means more places for employees to turn if they aren’t happy with their current company. This is leading to huge turnover [...]

Turnover Costs vs. Investment in Innovative Health Benefits2019-02-14T19:13:35+00:00

Competing for Talent? Win with Benefits

Once, employers could take an ‘everyone is replaceable’ approach to turnover, hiring and its costs. With unemployment at lows not seen in two decades,1 that no longer works. Employers face fierce competition for talent, and the costs associated with turnover can seriously affect the company bottom line. An uphill climb in a competitive talent [...]

Competing for Talent? Win with Benefits2019-02-14T19:14:35+00:00

Discovering The New Benefits Broker

Whether we like to admit it or not, the employee benefits landscape is changing, fast. The unemployment rate fell to 3.7% in September, the lowest level since December 1969.1 Add this to the ever-shrinking talent pool, and you get employees feeling confident enough to find opportunities elsewhere. These shifting conditions can feel shaky at [...]

Discovering The New Benefits Broker2019-01-23T17:19:53+00:00

Plan Changes, Your Very Own Shock-Absorber This Enrollment Season

Primary plan changes are inevitable, especially during this time of year. Changes can often have unintended consequences. But what if you had a way to mitigate those changes and lessen the impact? That’s where ArmadaCare’s suite of supplemental insured products comes in. As we’ve discussed before, ArmadaCare’s insured plans qualify as excepted benefits, they [...]

Plan Changes, Your Very Own Shock-Absorber This Enrollment Season2018-11-28T16:52:41+00:00

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