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The Cost of Confusion: Why Employee Benefits Education Can’t Wait for Open Enrollment

The Cost of Confusion: Why Employee Benefits Education Can’t Wait for Open Enrollment

by betvmsibg | Jul 22, 2025 | Boosting Employee Retention, Employee Benefits Education, Health Plan Design, Public Sector Benefits

More Than a One-Month Moment For many employers, open enrollment is the one time of year when benefits take center stage. Emails go out, presentations are built, and employees scramble to make choices they may not fully understand. Then… silence. But benefits don’t...
How Childcare and Eldercare Benefits Help Reduce Turnover and Absenteeism

How Childcare and Eldercare Benefits Help Reduce Turnover and Absenteeism

by betvmsibg | Jul 9, 2025 | Boosting Employee Retention, Health Plan Costs, Health Plan Design, Public Sector Benefits, Supplemental Benefits

Why Dependent Care Benefits Are No Longer Optional Today’s workforce is undergoing a transformation. Employees are not just workers – they are caregivers, parents, adult children, and multitasking managers of their personal and professional lives. Yet, many...
Carving Out Pharmacy Benefits: When It Makes Sense, When It Doesn’t.

Carving Out Pharmacy Benefits: When It Makes Sense, When It Doesn’t.

by betvmsibg | Jun 26, 2025 | Drug Costs, Health Plan Costs, Health Plan Design, Pharmacy Benefit Managers (PBMs), Public Sector Benefits

As pharmacy costs continue to be one of the fastest-growing components of healthcare spend, employers are increasingly evaluating whether carving out pharmacy benefits from their medical plan makes strategic and financial sense. While the decision can offer greater...
GLP-1s, Gene Therapies and the New Frontier in Drug Costs: Navigating 2025 Renewal Pricing and Formulary Management

GLP-1s, Gene Therapies and the New Frontier in Drug Costs: Navigating 2025 Renewal Pricing and Formulary Management

by betvmsibg | Jun 12, 2025 | Drug Costs, Health Plan Costs, Health Plan Design, Pharmacy Benefit Managers (PBMs)

Groundbreaking therapies such as GLP-1 receptor agonists and advanced gene therapies have dramatically reshaped the cost structures for employee benefit plans. As organizations gear up for their 2026 benefit renewals, understanding these developments is crucial for...
Self-Funded vs Fully Insured Health Plans: Which Model Saves More

Self-Funded vs Fully Insured Health Plans: Which Model Saves More

by betvmsibg | May 15, 2025 | Health Plan Costs, Health Plan Design, Public Sector Benefits

Choosing the right health plan funding isn’t just about cost – it’s about control. For business leaders, understanding the fundamental differences between Self-Funded and Fully Insured can unlock new ways to manage rising healthcare costs, gain greater...
Creating a Total Compensation Strategy: Why Employees Need to See the Full Picture

Creating a Total Compensation Strategy: Why Employees Need to See the Full Picture

by betvmsibg | Apr 29, 2025 | Boosting Employee Retention, Health Plan Design, Public Sector Benefits, Supplemental Benefits

In today’s competitive talent market, salary alone is no longer the sole measure of an employee’s value – or their satisfaction. As organizations work to attract, engage, and retain top talent, a well-crafted total compensation strategy has become essential....
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