According to a report released by Accenture, poor healthcare literacy is contributing $4.8B a year to administrative costs alone. Even more alarming, a quarter of respondents have both a low understanding of the healthcare system and high spend... Read More
Tim Godzich is one of those people who makes everything they touch a little better. I was beyond excited that he agreed to become an advisor to Allay last year. But Tim has taken his advisory role further by stepping into a more active role at Allay... Read More
It seems to me that renewal is a fixation of every benefits advisor when it doesn’t have to be. You’re actually better positioned to serve the needs of your clients by shifting your focus to mid-year for a lot of reasons. See clearly You are... Read More
The most common response to rising healthcare costs, over the last 8+ years, has been to raise the out-of-pocket liability for employees (deductible + out-of-pocket-max)…and it’s a giant, counterproductive mistake. The graph below demonstrates... Read More
There are a few key competing interests blocking an employers’ ability to control their healthcare costs. We believe this situation will only change when trailblazing advisors are willing to shift the conversation to healthcare supply chain... Read More
Depending on the circumstances, introducing new leadership to your team is both exciting and challenging. Your new hire is highly qualified, motivated, and will likely be managing employees who may have been with your company for years prior to their... Read More
Health insurance costs are rising at alarming rates. But the good news is that you actually have more options than you may think when it comes to offering health insurance to your employees. To start, it’s important to wrap your head around the... Read More
Many business leaders rely on their HR department to establish and maintain their company culture. There’s a common belief that wowing recruits with benefits like office ping pong tables or free lunches is what makes great culture. No one would... Read More
The labor market is finally starting to pick up in most sectors. That’s good news for new college grads and those looking to move to another company. But if you’re an HR manager, it makes life much more difficult. Attracting top talent in a tight... Read More
Over the years, the definition of employee benefits has changed. Benefits such as PTO (paid time off), insurance (including life, medical, dental, and disability) and a 401K are probably most familiar to you. These are the benefits we’ve come to... Read More