We never suspected that wearing a face mask in public and social distancing would become part of our new normal. Since March of 2020, concerts, festivals, and sporting events have been rescheduled or canceled, countless businesses have been forced to permanently close, and even Disney World temporarily shut its doors to the public.
With health and safety continuing to be a major focus for everyone, how can employers prepare for changes to the group health and benefits planning process?
Planning Your Benefits
To accurately plan your health benefits for next year, you’ll want to begin by identifying any trends or changes from this year. Here are a few questions you should be considering:
- Have your claims gone up?
- Have you lost employees?
- Does your plan offer a low or no copay telemedicine product?
- Is this the year you should consider a level-funded plan (which can save 10%-15% in premium costs)?
- Do you have capabilities for employees to enroll online without having to collect paper forms?
- Do you need to get even more creative with plan options and your contribution strategy?
Do you normally host enrollment meetings between your employees and broker agent? You may want to plan for virtual meetings if your agent has the ability.
Our team can offer expert advice, creative solutions, telemedicine, and best-in-class digital capabilities so you never need to collect paper enrollment forms again.
We’re here for you.
Need help determining which group health options may work best for your organization? Our licensed benefits counselors are available to answer questions regarding your group health benefits, and may even be able to help you save some money. Visit our employer group page to learn more about what our team can do for you.
