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A big part of being a full-service broker is offering benefit plans the modern workforce wants. When you do that, you give your clients a hiring edge. Benefits packages that meet modern needs give new hires a reason to choose your client over another employer. They give current employees a good reason to stay. With that in mind, we would like to introduce you to pet benefits.
There is little debate anymore over whether the Great Resignation is real or not. The evidence is all around us. Millions of people have quit their jobs over the last 14 months. Some have done so in the hope of finding a better opportunity elsewhere.
Digital transformation has been a hot topic in our industry for the last six to 12 months, and for good reason. Digital technologies have revolutionized how benefits packages are sold and administered. Yet despite everything that digital transformation offers, it is not without its concerns. Among them is the secure transmission of data.
Insurance offerings for seniors doesn’t tend to get a lot of play among brokers focusing primarily on group benefits for employers. That's too bad because the senior health insurance market is one well worth exploring by any broker looking to grow substantially in the coming years. As a general agency, we encourage you to take a serious look at the senior market.
The American Rescue Plan Act (ARPA) was signed into law on March 11, 2021. One of the many important provisions of this new law is the availability of COBRA subsidies.
BenefitMall hasn't been shy about encouraging brokers to engage with the digital transformation. We firmly believe that going digital is the way forward for brokers, general agencies, and even carriers. Unfortunately, our industry has been slow to make the transformation because the transition is still not largely understood. We want to help change that among brokers.
A little while back, we published a blog post that posed the following question: is your general agency meeting your needs? Our goal was to encourage brokers to think about the general agency's role in helping them serve their customers. We want to continue that line of thinking by discussing product choices.
On December 2, 2021, the Biden Administration announced a nine-point plan to help combat the emergence of the Omicron variant.
As a benefits broker, one of your primary goals is to give your clients access to the products and services that will help them create the best possible benefit packages for their workers. Sometimes you have to engage in a hard sell. It comes with the territory. But other times, there are benefits options that virtually sell themselves. Vision and dental plans are in that category as employees are increasingly expecting these plans.
Open enrollment is just about done for the year. Now it’s time to start looking at how you can best meet your clients’ needs in 2022. Catch your breath during the first few weeks of January, then start researching ways to improve everything from your services to the products you offer. Do it all with an eye on the top employee health and wellness concerns of 2022.
COVID is certainly no small event, but how will it affect Employee Health Benefits moving forward? BenefitMall shares exactly how big COVID is for Health benefits.