There are typically two approaches to securing health coverage for your staff - group health insurance or self-funding.
Self-funding, however, can be costly and risky for some employers and is usually only done by larger organizations with thousands of employees. However, there is a hybrid model that can help small and mid-sized employers provide their staff with affordable health coverage: partial self-insuring.
Combined with rising tuition costs, more people are attending college than ever before. That education, though, has come at a high price. Nationally, outstanding student loan debt totals $1.52 trillion.
While individuals appreciate, and have come to expect, traditional benefits like health insurance and paid time off, many new graduates are looking for companies that offer non-traditional benefits like student loan repayment assistance.
Choosing the right dental benefits plan for your employees is always filled with compromises and difficult decisions, no matter if this is the first time you offer a dental plan at your company, or you are just revising the benefits currently provided.
As technology has developed, so has people’s ability to overcome the traditional communication barriers of time and distance. Using telecommunication to bridge the gap of time, distance, and affordability is a step forward in the health care industry, reaching patients in need of medical attention.
Did you know that one third of all households would feel adverse financial impacts within one month if a primary wage earner died?
Life insurance isn’t a fun thing to think about, and it may seem like an unnecessary expense. But if you have people who depend on you for financial support, then life insurance is really about protecting them in case something happens to you – your designated beneficiary would collect a financial benefit upon your death. Life insurance can be confusing, so here’s a rundown of the basics.
Both employers and employees both have much to gain from a successful voluntary benefits program.
When you apply for life insurance or open a retirement account, you'll be asked to name beneficiaries. This is an important step in financial planning.
Research consistently points to time away from work as improving productivity, lowering stress, and reducing absenteeism.
Trends in benefits, healthcare costs, and workforce development presented at Molyneaux’s 14th Annual Share to Compare
Molyneaux Insurance, Inc. held its 14th Annual Share to Compare event on July 25 in Bettendorf. This annual event showcases trends in healthcare and other employee benefits.
Molyneaux president, Roger Schemmel, kicked off this year's event, which began with an employer panel discussing workforce development.
The typical family's income slips by more than $12,000 in the year after a breadwinner suffers a critical illness such as a heart attack, stroke or cancer, according to a study by Metropolitan Life Insurance Company.