United Benefit Advisors Insight and Analysis Blog

UBA and Symetra to Host Plan Sponsor Webinar: "What's Driving Claim Costs and Employer Solutions"

Posted by: Bill Olson    Aug 30, 2018 12:56:52 PM

CHICAGO — (Aug. 29, 2018) — To help HR professionals and business owners better understand their benefit plan claim costs, United Benefit Advisors (UBA), in conjunction with Symetra Life Insurance Company, will host a webinar — “What’s Driving Claim Costs and Employer Solutions” — on Thursday, Sept. 6, at 3:30 p.m. ET. To receive complimentary access to the webinar, enter code SYMUBA2018 at registration.

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Topics: UBA news, webinar, WisdomWorkplace Webinar

Managing Employees in the Gig Economy

Posted by: Bill Olson    Aug 28, 2018 1:09:35 PM

Understandably, some employers (and employees) have mixed feelings about the gig economy. While many enjoy the freedom gained and overhead saved, others miss office camaraderie and routine. No matter your position, research shows that the trend isn’t going anywhere anytime soon. By 2021, 9.2 million Americans will work on-demand jobs, and so employers need to start asking themselves how they plan to keep employees of all stripes engaged in office work and culture.

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Topics: Gig Economy, employee engagement

Final Rule on Short-Term Limited-Duration Insurance

Posted by: Karen Hsu    Aug 23, 2018 1:04:47 PM

On August 1, 2018, the Internal Revenue Service, the Department of Health and Human Services (HHS), and the Department of Labor (collectively, the Departments) released a final rule that amends the definition of short-term, limited-duration insurance. HHS also released a fact sheet on the final rule.

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Topics: health insurance, Department of Health and Human Services, short-term insurance

Tools to Support Working Parents

Posted by: Bill Olson    Aug 21, 2018 1:11:44 PM

Today, balancing career and family is no longer a women-only issue. Employed parents of all genders say their primary concern is not having enough time for their children.While every family is different, employers can still take an active role in supporting working parents (sometimes, their teenagers too).

 

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Topics: Working Parents, Parents in the Workforce, Paid Family Leave

6 Reasons Self-Funded Plans Are Gaining Popularity

Posted by: Bill Olson    Aug 16, 2018 1:02:56 PM

Since the ACA was enacted eight years ago, many employers are re-examining employee benefits in an effort to manage costs, navigate changing regulations, and expand their plan options. Self-funded plans are one way that's happening.

In 2017, the UBA Health Plan survey revealed that self-funded plans have increased by 12.8% in the past year overall, and just less than two-thirds of all large employers’ plans are self-funded.

Here are six of the reasons why employers are opting for self-funded plans:

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Topics: Self-Funded, self funded health plans, self-funding, UBA white paper, white paper, ACA, small business, small business health care options

Leveraging Generational Factors for Overall Success

Posted by: Bill Olson    Aug 14, 2018 1:17:14 PM

Millennials, commonly but not exclusively defined as people born between 1981 and 1996, occupy a complicated space in today’s workplace—predominantly because they’re the youngest generation in it. While many consider this group “ambitious” and “tech-savvy,” others understand it to be “whiney,” “distracted,” or “entitled.” As with any stereotype, this is a flat, un-nuanced version of a partial truth. The most important thing to remember, says Brad Karsh, CEO and founder of JBTraining Solutions, is that each generation in the workforce—from Boomers to Millennials—has been shaped by their upbringing.

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Topics: Millennials, Millennials in the Workforce, employee communication

Cobra Liability in Mergers and Acquisitions

Posted by: Karen Hsu    Aug 9, 2018 3:58:41 PM

The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires certain group health plans to make continuation coverage available to certain individuals who would otherwise lose group health plan coverage due to a qualifying event. Employers who go through business reorganizations, such as mergers and acquisitions (M&A), will need to know whether COBRA continuation coverage must be offered and whether the group health plan of the seller or buyer must provide COBRA continuation coverage.

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Topics: COBRA, Group health plans, group health insurance

A Real-Time Action Plan for Increased Revenue

Posted by: Bill Olson    Aug 7, 2018 2:42:55 PM

As HR Technologist reported recently, current best-in-class companies know that the rising talent pool is composed of millennials, people of color, and women, and so they are already working in concrete ways to leverage this shifting workforce. One crucial factor is making sure that this work is centered: an integral and shared component of marketing, sales, and operations, as opposed to an outsourced diversity group.

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Topics: diversity, diverse workforce, work performance

Habit-Forming Tech

Posted by: Bill Olson    Aug 2, 2018 12:54:31 PM

With apologies to singer Robert Palmer, you might as well face it, you’re addicted to technology. We all love our various smart devices, and it seems that we can’t live without them, but what is causing this addiction?

An article on CNN’swebsite titled, “How to resist technology addiction” equates digital products like social media websites, video games, and mobile apps to more traditional addictions like food, alcohol, and smoking. In fact, these digital products use a technique more closely associated with gambling in that they are engineered to keep you hooked.

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Topics: technology, Technology Addiction, social media

Solving Problems - While Increasing Employee Satisfaction

Posted by: Bill Olson    Jul 31, 2018 1:12:04 PM

“Design thinking” is a fairly common term. Even if the phrase is new to you, it’s reasonably easy to intuit how it works: design thinking is a process for creative problem solving, utilizing creative tools like empathy and experimentation, often with a strong visual component. The term dates from 1968 and was first used in The Sciences of The Artificial, a text written by Nobel Laureate Herbert Simon.

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Topics: Design Thinking, Problem Solving, employee satisfaction, employee engagement