The health benefits industry is evolving faster than ever before, but one constant remains: third-party administrators (TPAs) still shape the relationship between many employed Americans and their health benefits.
But that can feel challenging — impossible, even. Healthcare and benefits navigation confuses most of us, and it can be difficult to make a healthy life as seamless as it ought to be. Ever-increasing premiums. Crushing medical debt. Confusing benefits plans. Inconsistent doctor’s costs.
The project management involved in open enrollment involves a lot of hats. HR needs a diverse range of skills to succeed, making it impossible to do alone.
Open enrollment season is just around the corner, and understanding your health insurance options is essential in order to make informed decisions. To help you navigate the various plan types and networks available, we’ve compiled a list of essential benefits terms and explanations which should help you decode a few acronyms before open enrollment arrives.
A good post-open-enrollment survey can delight employees twice. First, when they fill it out and it makes them feel listened to. And then again next year, when open enrollment rolls around and the employee experience is that much better for it.
Having the right open enrollment implementation plan can make all the difference. According to one isolved study, open enrollment is considered moderately or extremely stressful for 61% of employees.
The US healthcare industry is notoriously complex. Pair that with rising costs and you’re left with little margin for error. When maximizing health outcomes and minimizing your costs, health-related decisions need to be precise, strategized, and optimized.
The time has come to create a more transparent open enrollment communication strategy. If you were to ask most employees about their open enrollment experience, what would they say? Surprisingly, many don’t know what open enrollment is. Many don’t know how it works. And all too many don’t know how to get the most out of it.
Join Healthee CEO, Guy Benjamin, on "Self-Funded" as he discusses our rapid growth, new features, and Healthee's vision for revolutionizing healthcare.
to get all the latest updates
