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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…
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.
What Hawaii Business Owners Can Learn From Other Businesses’ Parental Leave Policies
Whether family leave becomes state mandated in Hawaii or not, business owners in Hawaii can enable people to find a balance between their personal and professional lives – so in the long-term, employees will be encouraged to stay with your company.
Reimagining Employee Benefits
Let’s face it. The pandemic has changed our employees and what they want from their employee benefits package. Stressors and uncertainty have become the norm both in the workplace and in their personal lives. While competitive pay is great, post-pandemic workers are looking for employers to provide a more holistic employee benefits offering. A recent…
HR Guide for Employers: What is Open Enrollment?
Open enrollment is a designated period each year during which employees have the opportunity to modify or select new insurance coverage. Every employer in Hawaii is impacted by the open enrollment period, as state regulations mandate that all businesses provide health insurance to their full-time staff. The process can be intricate for your workforce. Employers…
Finding Balance: Controlling Rising Healthcare Costs While Attracting Top Talent in Hawaii
Tips for getting the most of your healthcare offering to manage cost and recruitment & retention goals. 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 the top benefits employees look…