4 Ways to Make This Year’s Open Enrollment Your Best Ever

4 Ways to Make This Year’s Open Enrollment Your Best Ever

As open enrollment approaches for most companies, you might be dreading this time of year. Just as Q4 quotas stare you and your people in the face and the stress of the holiday season creeps in, you also have the burden of deciding on benefits decisions for the entire year. Have no fear! Not only can navigating open enrollment be relatively simple and straightforward, it’s actually an opportunity to streamline your operations while improving your value proposition to current and future employees of your ...

A Low Cost, High Value Approach to Attracting And Retaining Top Talent

A Low Cost, High Value Approach to Attracting And Retaining Top Talent

The Goal: In the world of HR and employee benefits, we hear a phrase repeated over and over… “Attracting and retaining top talent”. What can your company do to attract great employees, while at the same time, keeping them performing and engaged for the long haul? While this article isn’t going to tackle every factor involved in achieving this goal, I am going to focus on a very important part of the equation: Compensation. If you were to ask your employees what factors are most important ...

Self Funding: Risk vs. Reward

Self Funding: Risk vs. Reward

Self Funding has been around a while, yet is seldom talked about. With many firms saving $1000's each year by adopting a self-funded benefits strategy, it seems strange that this is the case... (More on this later) Starting with the basics: In a typical benefits arrangement, a company offers a selection of medical plans to employees. Under this arrangement, the employee can choose to enroll in a "sponsored" plan, and benefit from a discount: The portion of the plan, paid for by the employer. At ...

More Issues With Covered California

More Issues With Covered California

Over the past year, consumers and agents alike have experienced many frustrating issues with Covered California (http://www.coveredca.com/). Consumer notification issues abounded, and enrollees continue to experience difficulty in navigating customer portals. Last, and certainly not least, errors with the site make accessing one’s information impossible as Covered California admins rush to solve problems with the sites infrastructure. I work at a health insurance brokerage called SCI & Associates, in Stevenson Ranch, CA. While our primary focus is benefits, HR, and compliance for ...