Solutions to rising drug costs and unequal drug coverage are never easy. But that shouldn’t stop stakeholders from examining these issues to determine what can be done to improve the current system.
Thinking traditionally about group benefits can lead plan sponsors to bypass entirely the needs of gen Y—a generation that’s poised to dominate the workplace in just a few short years. Shaw Communications Inc. aims to buck that trend with a new benefits package designed to give young adults the flexibility they seek.
Stress is a necessary and important part of life, but its impact on young adults is particularly strong. As generation Y employees move into the workforce, what can employers do to help them minimize stress? Start with customizing their benefits plans. This generation’s needs are unlike those of any other in the workforce.
Stress is a necessary and important part of life, but prolonged periods of high stress levels can lead to distress—a risk factor for all forms of psychological and physical illnesses, including anxiety, depression and chronic diseases such as high blood pressure or diabetes.
Technological change is all around us, and many industries—such as media, banking and retail—have used it to significant advantage. The group benefits industry, however, has lagged behind in this area—whether caused by the complexities of industry amalgamation, the inflexibility of legacy mainframe systems or other operational hurdles. But that reaction time is shortening as the […]
Looking through the lens of sustainability opens up a new world of opportunities for group benefits providers to achieve their business goals. Creating a paperless, self-serve environment online not only helps to reduce waste but also significantly enhances the plan member experience, reduces administrative work and improves overall operating efficiency for insurers and their customers. […]