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.
It’s important to educate your employees about health insurance. In this article, we’ll explain some healthcare basics you need to know.
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…
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…
Learn how ProService helps thousands of Hawaii employers with their healthcare and benefits offering. www.proservice.com/healthcare-benefits
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…
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…
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…
Learn about the power of voluntary benefits as an employer differentiator and its impact to meet real employee health, wellness and financial needs.
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…
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.
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