Category Archives: Health Insurance Cost
Lower Your Turnover
Turnover costs you money, folks, big money. New, replacement employees aren’t nearly as efficient as the employee that left, so productivity drops. (I’m talking turnover, which generally means that the good employees are leaving for greener pastures. I’m not talking termination of lousy employees – that boosts efficiency and productivity.)
Business Benefits TV Episode 5 – No Cost Benefits
In this episode, Jim Edholm and his associate talk about voluntary benefits. Voluntary, employee-pay-all benefits can be made available for various coverage classes such as disability insurance, life insurance, dental, critical illness, accident and many other coverages. Employees appreciate the benefits almost as much as they do benefits that are employer-paid, so they can add [...]
New Newsletter and Latest BBI In The News
Please click here to see all of our 2012 Newsletters. Also take a look at Jim’s latest article listed below.
I Have Seen the Future (of Healthcare) and It’s Not Bad…
If we can keep the politicians out of it, that is. I’ve just finished a period where I’ve seen things I haven’t seen in over a decade – specifically, a string of single-digit rate increases – some under 1% – and one actual reduction in rates! In Massachusetts, of all places.
Five Steps to Keep Your Benefits Broker Straight: Edholm of Business Benefits Insurance Reveals Industry’s Best-Kept Secret
Read Jim’s latest article talking about the five steps to keep your benefits broker straight. Click here to go to the published article.
The Dark Side of Group Broker Selection
Besides costing you money, selecting the wrong broker might just get you in trouble with the law. I know, you’re thinking, “C’mon, Jim, don’t overstate your case. It can’t be that bad to make a poor choice.”
Obesity, Hypertension, Diabetes: Is America Finally Waking Up?
This week Gallup released some interesting info on health and well-being in the US. Some years ago Gallup teamed up with Healthways Well Being to create the Gallup-Healthways Well Being Index, which measures the general health of the US.
Bonuses Can Incent Your Benefits Broker to Keep You with the Same Carrier and Plan and Pay More Than You Should
I have been published again in the Business Insurance Feb 20th, 2012 issue. In this article I discuss how using a broker to get you a better deal can actually help save you money.
The Flap Over Retailers’ Health Care
Remember that old saw about “never believe what you read in the papers (or hear on the TV/radio)?” Well, it’s true. News stories tend to be based on truth – but they aren’t necessarily true in the way they’re reported. At best you have to read deeply into them.
Unhealthy Behavior Costing You $623 per Employee per Year
Thomson Reuters has created an index, called the Workforce Wellness Index to measure the collective health of America’s workers. It demonstrates that our increasingly poor health is costing American employers more money every year.