The details matter. Let’s put a spotlight on the importance of carefully thinking through primary and contingent beneficiary designations on individual and group life insurance coverage. Our desire is to help our clients avoid future problems.
As an engaged to be married Georgia Tech senior, a wise mentor helped me create a vision of what I wanted in my future career. I wanted to be an entrepreneur. I wanted community roots and independence. I think most importantly, I wanted relationships allowing me to help others with something important to them – being a part of delivering something they want.
A recent study by the healthcare consulting firm, Avalere Health, has confirmed what most employers already intuitively knew to be the case…employer investments in their employee benefits programs drive significant return on investment (ROI).
Compliance is essential for any organization especially when having to abide by annual government regulations. One major compliance function that companies must be aware of each year is the Form 5500 reporting process which is mandated by the Department of Labor (DOL).
While the majority of benefits discussions are usually centered around the Medical plan designs, there are additional group benefits that offer added protection and value to employees, enhancing the employee benefits package. These benefits are important because they show additional value with products such as Dental, Vision, Employer-Paid Life/AD&D, Disability coverage and more.
The Bottoms Group stands ready to lead you and your employees through a successful open enrollment, creating an experience designed to meet, and potentially exceed expectations. In addition to helping you, as the employer effectively communicate available benefits and coverage, TBG strives to ensure a smooth enrollment process during Open Enrollment and beyond by helping you empower your employees with the confidence and knowledge of the enrollment process.
The consequences of taking a risk can develop suddenly. One minute you can be holding a certain hand of cards, and the next minute the whole hand of cards has changed. As I was thinking about how quickly the landscape can change, I thought of a personal example.
Reminding employees of their current insurance coverage throughout the year is a valuable approach in showing your team their opportunities to be informed and encouraged to navigate benefits and coverage that you offer as an employer independently.
Over the course of the past two years, and by virtue of necessity given COVID-19, healthcare consumers have gotten a crash course in the use of telehealth platforms to engage with healthcare providers via virtual means.
We all have a story – and our stories are unique.
Years ago, I was sitting at my conference table with the owners of a successful business. The conversation was around their assets and their family. At some point in conversations like this, the objective is to understand what it is the clients want.