Hunt Valley, MD—March 24th, 2023—ArmadaCare (www.ArmadaCare.com), a leading supplemental health insurance program manager and a SiriusPoint company, has promoted Nick Limneos to Chief Commercial Officer (CCO). In this role, Limneos is responsible for driving business development and sustained, profitable growth for ArmadaCare by overseeing sales, business development, lead generation and account management. ArmadaCare recently created […]
Health benefits can be an important differentiator for employers, especially private practices. Find out how the AMA Insurance Supplemental Health Insurance Program, developed by ArmadaCare, can help provide private practices a significant edge when recruiting and retaining top talent. Access the full article here.
Ragan’s Workplace Wellness Features Armadacare: Are your employees stressed? They’re not alone. Eighty-four percent of employees have experienced at least one mental health challenge this year. Stress is normal, whether it’s related to work, life or balancing both. But ongoing high stress can have serious consequences that underscore the business case for effective well-being support. Why support […]
Most of us already know that the one-size-fits-all approach to employee benefits is over. Evolving employee needs and employer priorities have changed how HR must approach benefit diversity. In addition, for the first time in history, five generations are in the workforce at the same time. Each has its own set of age-and-stage needs, values […]
A dose of dark humor may have helped many of us cope with the last two years, according to new research by the American Psychological Association.1 But funny memes can only go so far. As we enter the third year of pandemic living, employee mental health and well-being is struggling. Realizing the importance of workplace […]
If you’re struggling to hire or to hold onto your talent, you’re not alone. The Great Resignation is still going strong, and nearly 90% of companies are experiencing higher turnover rates than normal.1 Between July and December 2021, over 20 million people left their jobs.2 They’ve joined the millions who started the exodus in early […]
New year, new worries: nearly two full years into the pandemic, employers and employees are grappling with new uncertainty as the Omicron wave upends normalcy once more. Add to this the ongoing strain of mental health and workplace stress, and the challenges of a fierce hiring market. It’s easy to see how critical the right […]
How well do you know your employees’ mental health state? Since the onset of the COVID-19 pandemic, the global work environment has been especially inhospitable to employees’ mental health and well-being. Faced with ambient health stress and the impact of isolation, workers have had to deal with challenges at every turn in their efforts to […]
When is a health insurance plan about more than coverage amounts? It’s easy to say that not all employee health insurance plans are the same. After all, some offer significantly higher coverage amounts than others, or offer wider physician networks. The differences go beyond these basics, however. A truly comprehensive health insurance plan won’t just […]
In a labor market that seems to tighten its grip with each passing year, recruiting and retaining key talent becomes increasingly difficult to achieve. Like almost all companies, time, money and resources, in turn, must follow suite to counter this trend. So what’s the best way to solve these problems? We’ve identified three challenges and […]
The word supplemental comes with a connotation of superfluous or unnecessary, and unfortunately that connotation is sometimes carried over to supplemental health insurance. But with the recent shifts in the benefits industry, supplemental health insurance has taken on new importance. A Little History For years, supplemental health insurance was considered an afterthought and an optional […]
Health accounts have become a very popular way for companies to curb benefit costs. While this can be a good option, health accounts do have some shortcomings and it’s important to understand them. Background With the battle for talent becoming more and more competitive, it is imperative for employers to leverage their benefits package to […]
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 automatically […]
When you talk about executive medical reimbursement plans, also called expense reimbursed insurance, it’s not rare to get questions like, “Is that still allowed,” or “I thought you couldn’t do that anymore?” Let’s tackle those questions and get to the bottom of it. Characteristics of Today’s Reimbursement Plans Fully-insured Supplemental Excepted benefit True gap-filling coverage […]
The last year turned everything upside down, and we’re not quite done yet. Even though signs of hope are increasing, employees living with sky-high levels of stress and mental health challenges are struggling to cope every day. This is showing up in the workplace in lower productivity, flagging employee engagement and more. For many companies, […]