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3 Ways Partnering with a PEO can Help Reduce Healthcare Costs (And More) for Your Business
Healthcare costs can be a significant drain on many small businesses bottom line and are an important consideration when planning operating costs and budgets. Small businesses often struggle with attracting and retaining top talent when the costs have having an attractive benefits package becomes a burden.
Why Healthcare Costs Are Rising for Employers in 2024
Learn about medical inflation, rising provider costs, and other factors that are driving healthcare costs up for employers in 2024 and beyond. Health insurance costs are squeezing employers across the U.S., especially in Hawaii, where employer-sponsored health insurance is mandatory for businesses of all sizes, according to state law. But health insurance is one of…
4 Reasons To Offer Student Loan Repayment Assistance
Editor’s note: This post was originally published in October 2018 and has been updated for recent news and current data as of April 2022. The pause on federal student loan repayments was set to expire on May 1, 2022, but President Biden again extended the freeze through August 31, 2022. This is the sixth extension…
What’s Driving the Rise in Health Costs in 2022?
Employers should brace themselves for an expected rebound of care in 2022 which will likely increase healthcare spending by 6.5%, according to a recent national report. The cost to treat patients from one year to the next, assuming their health benefits remain the same, is the trend that drives projections in costs. Let’s take a…
Employee benefits: Programs and types to offer in 2025
A well-crafted suite of employee benefits leads to improved retention rates and more motivated team members. But navigating the vast array of available benefits can be a challenge, as employers must strike a balance between meeting employee expectations and managing costs effectively. Pitfalls like overlooking key benefit offerings, failing to stay compliant with regulations, or…
The Basics of Health Insurance: What Your Employees Need to Know
It’s important to educate your employees about health insurance. In this article, we’ll explain some healthcare basics you need to know.