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 […]
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 of […]
Prep is the key to leisurely travel. While some of the appeal to summer travel is to slow down and go with the flow, that doesn’t mean you should overlook travel prep. Be sure to take these steps to make it easier for you to relax once you reach your destination. Create a Pre-Travel Checklist […]
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 options. […]
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 just […]
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 health […]
The tight talent market is creating a huge challenge for employers. It’s becoming increasingly difficult for them to recruit the talent they want and hold onto the talent they need to succeed. In fact, 80% of employers find recruitment and retention to be the top objective for creating a benefits strategy. Let’s look at 7, […]
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 nursing […]
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 health […]
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 has […]
Expense reimbursed insurance is a type of supplemental health insurance that is used for a variety of reasons, from expanding coverage to retention to tax-efficiency. What’s so great about this kind of supplemental insurance is that it has the flexibility to meet each company’s unique goals and challenges. Let’s look at a few scenarios of […]
Today’s tight talent market is greatly influencing benefits decisions. The U.S. unemployment rate is at 17-year low. That means there is less available talent and more open job opportunities that need to be filled. The competition for talent is fierce, and job-seekers have the upper hand with the knowledge that if they are unhappy in […]
The cost of prescription drugs in the U.S. are high and getting higher. What do high prescription costs mean exactly and how is it impacting the group healthcare insurance market? Here are some statistics that show just how out of control prescription drug prices are: Spending on prescription medicine per capita in the U.S. is […]