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.
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…
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…
Employer’s Guide to Open Enrollment in Hawaii
Building the right team is crucial for business success, especially in Hawaii’s competitive job market. To attract and retain talented employees, offering competitive employee benefits has never been more important. While health care remains a significant component, voluntary benefits are also gaining importance, with 85% of employees recognizing their value. Open enrollment for health plans can be…
5 Must-Know Healthcare Stats for Hawaii Employers
Learn how ProService helps thousands of Hawaii employers with their healthcare and benefits offering. www.proservice.com/healthcare-benefits
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…
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…
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…
Voluntary Benefits at work: A Winning Strategy for Employee Retention
Learn about the power of voluntary benefits as an employer differentiator and its impact to meet real employee health, wellness and financial needs.
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…
How to Reduce Healthcare Costs 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.