Employers’ experience in implementing consumer-directed health plans (CDHPs)-typically a high-deductible health plan in tandem with either a health savings account (HSA) or health reimbursement account (HRA)-shows that enrollment figures can be very different from one company to the next. However, when workers have a choice of health plans in addition to a CDHP, such as [...]
Don’t Underestimate the Importance of Communications When Introducing a Consumer-Directed Health Plan
A recent Harris Interactive Study, commissioned by prominent disability insurance carrier Unum, found that employees who receive frequent and thorough education on their available benefits are also more likely to view their employer positively, and to feel that their employer values them. The survey establishes a positive correlation between employees’ understanding of their benefits and [...]
Whether an employee is old, young, male, or female, they most likely already understand the value and importance of benefits like dental insurance, health insurance, and 401(k)s. That said, the consulting and research firm LIMRA surveyed 1,500 U.S. employees and found that 40% of them didn’t know the cost of their health insurance. Furthermore, of [...]
What a recent client had to say
I think you did an absolutely excellent job. You even caught some errors my team missed and we were able to correct those before sending the final product to our employees. I am very appreciative to deal with a company that knows what customer service is and am grateful to myBenefitStatements for working with me on such a short timeline to enable me to meet the deadline I had been given to work with.Human Resources Manager, Huntsville, AL
Human Resources Manager, Huntsville, AL
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