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Every year, Insurance Business America (IBA) polls employees on their satisfaction with their employer’s benefits, culture, and diversity, equity, and inclusion (DEI). Nonstop Administration and Insurance Services, Inc. (Nonstop) received a satisfaction rating of over 80%, making it one of the top insurance employers of 2023.   

Nobody knows a company's financial situation better than the CFO, and most times, they aren't even involved in the process of choosing the right health care plans for their employees. In order to evaluate plans effectively and come up with a well-rounded solution, it's important that all parties (CEO, HR team, and CFO) be involved in the health care purchasing process.

In today's competitive job market companies can find it hard to afford to retain quality candidates. For nonprofits specifically, this is even more challenging. How can an organization that isn't self-funded offer benefits that will attract and retain highly skilled individuals? The answer to this lies in more substantial employee healthcare. 

As one of the biggest line items in any organization’s budget, employee healthcare should be a central conversational point for all nonprofit leaders, especially in the months leading up to renewal. Understanding the details of the current plan, as well as creative alternatives that might provide better benefits for less money, are critical to ensuring the financial health of the organization and the physical (and financial) wellbeing of employees. Leaving these discussions to the last minute – or not having them at all – can leave everyone vulnerable to the rising costs of healthcare.

Jean Moore writes for Mercer Signal about the clout employers hold when it comes to employee healthcare purchasing, and how organizations can positively influence the future of healthcare.

Dan Gorenstein writes this must-read for Kaiser Health News, highlighting one research physician’s personal experience on a high deductible health plan when he had an emergency, and how it plays into his research on HDHPs and consumer health. 

Image: UIC News Center

Dan Cook writes for Benefits Pro about how employers can make their benefits packages more enticing to potential hires.

Dan Cook writes for Benefits Pro about the results of a recent survey by the insurer Guardian, which reveals that many Americans do not understand the benefits (health or otherwise) they are receiving.

Amanda Eisenberg writes for Benefit News about the struggle employers are facing in attracting and retain employees with critical skills, high potential, and a top performance record.

Matt Straz recently wrote for Entrepreneur about why employers' engagement strategies aren't hitting their marks, citing only a 1.1% increase in employee engagement over the last five years (according to Gallup).