Just like football season comes this time every year, so does the busy benefits season. And for you, both brokers and employers, that means it’s go-time. Get your game face on, and get out there team! But before you jump into play, let’s discuss 2 unique tips that can get you ready to perform [...]
Rising healthcare costs for employees are nothing new. But in 2018, experts are predicting the highest increase we’ve seen in 3 years. In fact, employee healthcare costs are expected to rise 7.2% next year, up from 2017’s 6.9%. The study found that rising prescription drug prices are a big factor in the increasing costs. [...]
As the moon crossed in front of the sun on Monday here in our hometown of Hunt Valley, Maryland, we at Armada could not deny that we too were feeling the eclipse frenzy that had taken hold across the country. The total solar eclipse may have passed, but it’s inspired us to write this [...]
We are approaching back to school season, which means tons of preparation. School supplies, new clothes, dorm room necessities, lunch box favorites. These are all items you can check off a list, but how do you prepare for something you don’t see coming? For TJ, his freshman year of college started with a painful [...]
To me, the worst thing about August is that it pretty much gets skipped right over. By now, people are tired of the heat and are craving the relief of the crisp fall air and their cozy sweaters. Believe it or not, I’ve already seen Halloween decorations decking the shelves of my local grocery [...]
We’ve talked before about the cost of unwellness and how health risks, if left unmanaged, can have huge negative effects on a company’s bottom line, but now let’s take a minute to address how to reduce these health risks and the related costs. This article recently discussed 5 underutilized strategies employers can use to [...]
We’ve reached the middle of summer, which means there are only a few more months until brokers begin heading back into the busiest benefits season. Evaluating current plans, introducing new ones, crafting benefits structures that meet the cost and coverage needs of employers. It’s all just around the corner. But for now, it’s still [...]
In an era where one-size-fits-all dominate the health insurance market (even though we all know one size so evidently does not fit all), it’s clear that to have a successful benefits structure, you’ve got to break out of that mold. Pull Ahead of the Fleet With unemployment rates down, job opportunities booming, turnover rates [...]
HR’s roles range from interviewing potential employees to dealing with employee conduct issues. But one of the most daunting duties HR faces is talent management. Here are the top contributing challenges. Tight Talent Market Think back to the early 2000s: employers were dealing with a huge talent pool because unemployment rates were so high. [...]
When it comes to health expenses and needs, everyone is different. So based on your health stage, life stage and family, the amount and kind of coverage you’ll need is going to vary. Unfortunately, one-size-fits-all primary plans aren’t built to handle these variances. This leaves gaps and holes in coverage because primary plans lack [...]
