Insights

This blog is the third of a three-part series on self-funding. Congratulations! You've made the decision to transition to a self-funded health plan. There's no doubt you put a lot of thought and work into ensuring this was a good decision for your business. Good news: The work isn't over; it's only just beginning. Now that your health plan is self-funded, how should you adjust your approach to managing your health plan? You're in luck! That's exactly what this blog is about. While self-fun

This blog is the second of a three-part blog series on self-funding. In 2020, 67% of workers in the United States were enrolled in a self-funded health plan, compared to just 44% in 1999. It's clear that self-funding is a growing trend among employers. To understand why, I recommend first understanding the basics of self-funding and exploring factors that should be considered in the decision-making process. I'm going to assume that you've taken Self-Funding 101 for the purpose of this blog. And

Imagine one year you receive a 10% increase for your health plan and then a 25% increase the following year. Insurance rate increases are all too familiar and may hit close to home for your organization. What if you could control your costs and alleviate the burdens of your health plan administration? Welcome to the Individual Coverage Health Reimbursement Arrangement (ICHRA). Introduced to the healthcare world on January 1, 2020, the ICHRA is a creative way to control the rising healthcare cos

Rising healthcare costs in the U.S. due to government policy, chronic illnesses, and inefficiencies make medical care increasingly unaffordable.

Glamping is a booming trend in the hospitality industry, attractive to people who want an outdoors experience but do not want to live the RVers' life or own a garage-full of camping equipment. They may not have ready access to a natural environment, and they want to enjoy it and share their outdoor experiences with their social media circles. As more campground/glamping businesses rise to meet the needs of glampers, each has to find a way to be distinctive. A business can make itself distinct i

By leveraging specific Employee Navigator features, such as integrations, you can save time and money throughout your organization’s open enrollment and emerge a stronger, smarter HR leader.

Compensation is the foundation of your total rewards model and critical to driving outcomes for your organization. However, developing an internal compensation function can be challenging. There are some barriers to developing and implementing a robust compensation program such as budget, time, expertise and even your own desire to manage the work.

When a business is in distress and forced to sell assets or consider filing for bankruptcy protection, the company’s property and casualty insurance policies likely aren’t a top priority. They should be. Insurance Optimization and Restructuring Insurance optimization has four key uses in the restructuring process: Protecting key stakeholders (management liability pre- and post-restructuring). Identifying and recovering sources of trapped cash (collateral recovery in Chapter 11 and 7, and conse