United Benefit Advisors Insight and Analysis Blog

Your Voluntary Benefits Plan May Lead To A Tragic Result

Posted by: Mitchell Nelson    Dec 6, 2018 12:52:59 PM

The end of the open enrollment season is in sight, and human resource professionals are breathing a sigh of relief as they close the door on the 2019 enrollment. Smart benefit managers are already beginning to assess new products and services for the next enrollment season and looking at how to improve their programs and processes.

Read More

Topics: disability insurance, income protection, disability income protection, Millennials

How Well do Your Employees Evaluate Risk?

Posted by: Bill Olson    Jul 10, 2018 12:56:07 PM

In a recent column in Human Resource Executive, Carol Harnett reminds us that humans are notoriously poor at evaluating risk. We don’t always focus on the major problem, or weigh compromising factors correctly. Quoting risk-communications consultant Peter Sandman, Harnett suggests that risk should be evaluated using this formula: Risk = Hazard + Outrage.What does that mean? Hazard is the anticipated annual mortality rate, and all other factors fall under outrage. “The public,” says Sandman, “pays too little attention to hazard; the experts pay absolutely no attention to outrage. Not surprisingly, they rank risks differently.” Consequently, experts and the public choose insurance differently too.

Read More

Topics: employee benefits, disability insurance, disability income protection

Disability Income Protection is an Employee Benefits Rising Star

Posted by: Nicole Blodgett    Jun 28, 2018 12:52:41 PM

According to recent studies disability income is a rising star in the employee benefits market. This is due to a variety of factors. Most poignantly insurance company attempts to court and educate employee benefit advisers about the product, historically low national unemployment and financial impact of the recent tax reforms.

Read More

Topics: disability income, employee benefits, disability income protection, human resources solutions