The advisor

June 28, 2017

How Benefits Plan Members Want Their Wellness Addressed in Their Plans

The Desire for Wellness As group benefit plan costs rise, health promotion through wellness programs continues to be an area of interest, for plan sponsors and plan members alike. As a part of our 2017 report entitled Fresh Perspectives on Group Benefits: The Latest Thinking From Plan Sponsors, Members, and Insurers, Accompass questioned plan members on… Read More >

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The Top 6 Items on a Plan Member Wishlist

More than Just Benefits Plan members don’t only take into consideration their benefits, they also consider the claims process, the variability, the types of drugs covered, and many other factors that plan sponsors evaluate when creating their plan. Accompass sought out which aspects of the benefits plans members felt needed the most improvement. These are important… Read More >

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June 15, 2017

Who is Most Likely to Accept a Job Without Benefits?

We Did Our Research The job market can be a tough terrain to navigate. In a standard job offer a company is required to present the potential employee with the expected pay and disclose whether or not the position will offer benefits. There are a group of people that would turn down the job offer if… Read More >

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June 7, 2017

How Satisfied Are Employees With Their Benefits?

The Importance of Employee Satisfaction Employee satisfaction is important. There is always room for improvement when employers organize and evaluate benefits plans for members. Investigating how satisfied a plan member is with their plan can indicate how many adjustments should be made in the future. Improving Benefits Plans If employees are generally very satisfied with their plan, minor tweaks… Read More >

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June 5, 2017

The Top 4 Reasons Plan Sponsors Provide Benefits Plans

Why Do Employers Provide Benefits? Clearly, for employee welfare and improved productivity goals, knowing what plan members want and need are critical considerations. But even for the 40% of organizations that offered a plan for competitive reasons, benchmarking alone may not suffice in ensuring competitiveness, as shifts in wants and needs can change the perceived value… Read More >

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After a delay, on Wednesday Federal Finance Minister Bill Morneau unveiled a largely status quo budget as the Liberal government attempts to prepare for policy changes in the U.S. Maternity leave top ups could be impacted Among the announcements that could impact employers were an option for parents to receive EI parental benefits over an… Read More >

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A clear understanding of what your organization is looking to achieve with its benefits plan will help you make the right decisions when making tough calls on your plan design. Why does your organization provide benefits? According to Accompass’ President Sarah Beech there are three primary reasons that an organization provides benefits. 1. To be… Read More >

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The 2017 Reference Guide to Canadian Benefits has been released by Accompass and is available for free. Included in this year’s guide is a comprehensive breakdown of Provincial Medicare Programs. Find a thorough analysis of Canadian medicare programs in one place by downloading the Reference Guide at Accompass’ Resources Page. Provincial Medicare Programs The Canada Health… Read More >

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