Open & Embedded Insurance Observatory’s Post

Another huge launch - Now you can set up and manage payroll and benefits for your employees on a single, unified platform. With Remote, global companies can say goodbye to juggling multiple providers and systems. Everything syncs seamlessly, delivering a premium and compliant experience at a fraction of the cost of other global solutions. https://lnkd.in/eCArf49h

Small businesses were never able to offer health insurance to their employees. The cost - outrageous. The admin - ridiculous. Small businesses figured this wouldn’t be an option until they grew big enough. In 2020, that changed with the introduction of ICHRA. ICHRA is gaining massive popularity among small businesses. Here are some benefits for you as the employer: - Ensuring predictable healthcare expenditure. - Employee freedom to choose healthcare plans. - Reduce administrative complexities. Small businesses can now offer competitive, personalized individual health insurance benefits.  ✅ Attracting great talent. ✅ Improving employee retention. ✅ Offering benefits without breaking the bank. Tag a business owner in the comments! Let’s help spread the word.

Often, small business owners face challenges in growth due to unfair regulations, compliance issues, and rising costs like health insurance. A reliable PEO can be a game-changer in this scenario. HR plays a crucial role in business success, and finding the right HR partner is key to long-term growth. If you're a small business owner encountering growth hurdles, reaching out to a PEO could be the initial and most impactful move to alter your business trajectory. #napeo #peo #ocihr #hr #compliance #healthinsurance

Did you know that outsourcing member outreach can lead to significant cost savings for health insurance providers and healthcare companies? Here's how: 1 - Reduced Overhead Costs: Outsourcing eliminates the need for hiring and training additional in-house staff, saving on salaries, benefits, and training expenses. 2 - Scalable Solutions: Outsourced services can be scaled up or down based on your business needs, ensuring you only pay for the services you use. 3 - Expertise at a Fraction of the Cost: Outsourcing gives you access to specialized expertise in member engagement, data analytics, compliance, and customer service, without the high costs of maintaining an in-house team. 4 - Efficient Resource Allocation: By outsourcing non-core functions like member outreach, you can allocate resources more efficiently towards core activities such as policy management and strategic planning. 5 - Technology Advancements: Many outsourcing partners leverage advanced technologies and streamlined processes, further reducing costs while improving the quality of member outreach. By outsourcing your member outreach, you can achieve significant cost savings while enhancing member experiences and staying competitive in the healthcare industry. Interested in learning more? At GMS Connect, we can do just that.  Let's connect and explore how outsourcing your member outreach can benefit your organization. Learn more about why outsourcing member outreach saves you time and money here: https://lnkd.in/dSjiSwxM

Would you rather... 1. Pay $25,000 upfront for a medical procedure, or 2. Take a chance and pay either $20,000 or $50,000 three months later Yes, you might pay less later, but you also might pay a lot more. And with option 2, you have no control over which number it is. This is our healthcare system. And most people only get option 2. That's how most health insurance 'networks' work... get the service and they'll tell you the cost later. But lots of smart employers are adding option 1 to their health plans. It's called Direct Contracting. The price is negotiated and known upfront. No more Russian Roulette with employer or employee finances. Most employers waive their plan members' out-of-pockets for choosing the 'direct' purchase option. Everyone wins... * employees get access to needed care, * employers save money on services, and * doctors get paid quickly and without insurance hassles. Why isn't every health plan sponsor using this easy to implement strategy?

Please join our panel of experts this Friday as they offer insights on trends in health insurance, how cost structures are evolving, and common buying questions for small and mid-size employers. During the live webinar, we will also explore opportunities for offering employees earned wage access (EWA), pay cards, and employee assistance programs (EAPs). #HR #humanresources #workplaceguidance #hiring #staffing #benefits

🚨 Attention Business Owners! 🚨 Health Insurance Renewals are Coming Up! Are You Prepared? https://lnkd.in/gxEQTm33 The cost of healthcare is skyrocketing, and employee retention is at an all-time low. But there's hope! Don't let the high costs and limited options dictate your company's future. What Does Freedom of Carrier Choice Mean for You? With UConnect, you can: 🔵Choose from Major Carriers: Blue Cross, Wellmark, United HealthCare, Aetna, Delta, MetLife, Mutual of Omaha. 🔵Receive Complete Analysis: Get detailed comparisons of all major carriers to find the best fit for your company. 🔵Handle the complete renewal process: UConnect can be your point of contact for all benefit questions from your employees, keeping you out of the administrative frays of Open Enrollment. 🔵Simplify Employee Administration: From adding new employees to handling terminations, we've got you covered. 🔵Utilize Our Online Portal: Seamless connection with your payroll system, if needed. 🔵Experience Hassle-Free Open Enrollment: We manage the entire process for you! Why UConnect? We are your full service benefit arm, so you can do what you do best - run your company! #HealthInsuranceBenefits #EmployerHealthcare #WorkplaceWellness

Why SMEs Should Consider Staff Medical Insurance. Investing in medical insurance for your employees isn’t just a perk—it’s a smart business move. Here’s why it matters for SMEs: ✔ Attract and Retain Top Talent Stand out in a competitive market with attractive employee benefits, showing potential hires and current staff that you prioritize their well-being. ✔ Boost Employee Productivity Healthier employees are more focused, energetic, and motivated, leading to better performance and overall productivity at work. ✔ Reduce Employee Absenteeism Access to quality healthcare ensures timely treatments, reducing the duration of illnesses and helping your employees recover faster. ✔ Tax Advantages Offering staff medical insurance can provide tax benefits to your business, making it a financially savvy decision. ✔ Enhance Company Culture and Morale Showing genuine care for your team’s health fosters loyalty, strengthens bonds, and creates a positive work environment. Invest in your people. It’s the best investment you’ll make. #KenyanSMEHealth #MedicalInsuranceKenya #SMEInsuranceBenefits #ProtectYourTeam #HealthIsWealthKE #EmployeeHealthMatters

I often get questions about ICHRA—what it is, how it works, and why it’s a great option. I get that it's still relatively new, so it’s understandable that not everyone is familiar with it and might need some guidance! Let's break down ICHRA in simple terms: Here's how it works: 🛠 Employer Setup: Employers set a budget for reimbursement. 🔍 Employee Choice: Employees pick the health insurance that fits them best. ✅ Enrollment: Employees are officially enrolled with health coverage! 💵 Reimbursement: Employees get reimbursed for premiums and eligible medical expenses—completely tax-free. Why consider ICHRA? 🔄 Flexible Choices for Employees: They can choose the plan that best suits their needs. 📊 Cost Management for Employers: Employers can easily manage healthcare costs. 🏷️ Tax Benefits: Both employers and employees enjoy tax-free advantages. ICHRA is revolutionizing healthcare coverage. Have questions? W3LL is here to help!

🚨 Attention Business Owners! 🚨 Health Insurance Renewals are Coming Up! Are You Prepared? https://lnkd.in/gxEQTm33 The cost of healthcare is skyrocketing, and employee retention is at an all-time low. But there's hope! Don't let the high costs and limited options dictate your company's future. What Does Freedom of Carrier Choice Mean for You? With UConnect, you can: 🔵Choose from Major Carriers: Blue Cross, Wellmark, United HealthCare, Aetna, Delta, MetLife, Mutual of Omaha. 🔵Receive Complete Analysis: Get detailed comparisons of all major carriers to find the best fit for your company. 🔵Handle the complete renewal process: UConnect can be your point of contact for all benefit questions from your employees, keeping you out of the administrative frays of Open Enrollment. 🔵Simplify Employee Administration: From adding new employees to handling terminations, we've got you covered. 🔵Utilize Our Online Portal: Seamless connection with your payroll system, if needed. 🔵Experience Hassle-Free Open Enrollment: We manage the entire process for you! Why UConnect? We are your full service benefit arm, so you can do what you do best - run your company! #HealthInsuranceBenefits #EmployerHealthcare #WorkplaceWellness