We write often about Group Savings Plans, as it’s our belief that one of the best ways employers can assist their employees is by offering them the opportunity to plan and save for the future. This is a sentiment that is echoed by many in our industry. In their recent 2023 recap, iA’s Director of […]
Category: Emloyee Benefits
Key Conversations in Benefits 2023
Last year our blog “Top Conversations of 2022” proved to be among our most popular articles for the year! Once again, this year, we have compiled a recap of the Top Conversations in Benefits, from our perspective as benefits advisors. Last year we recapped the top conversations in benefits, which can be summarized as: The […]
Understanding Cost-Sharing in Employee Benefits
Understanding Cost-Sharing in Employee Benefits: The Employer’s Role in Premium Contributions and Standard Practices Introduction In the fiercely competitive job market, employee benefits play a crucial role in attracting and retaining top talent. Among the many decisions that employers face in crafting an appealing benefits package, one of the most significant is determining the […]
Virtual Health Care is Everywhere
Virtual Health Care is Everywhere: Employer vs. Free Options, and the latest in Offerings. Back in 2020, we wrote about virtual care offerings, at the time prompted by the pandemic and the lockdown we were experiencing, which made routine doctor visits close to impossible. While virtual care was available pre-pandemic (in fact, it dates […]
8 Reasons for Increases to your Employee Benefit Plan Premiums
Pondering the question: “Why do my benefit plan costs keep going up?” We’ve got answers. If you’ve walked away from your renewal meeting scratching your head at the rate adjustment, you’re unfortunately not alone. Many advisors don’t do a great job explaining a rate change, and the math used by insurers can be quite (unnecessarily!) […]
One size fits all? Not when it comes to employee benefits.
Yes, it’s possible to gain the pricing advantage found within a benefits pool while also having control over your plan design! When we begin discussing the strategy that Immix has created when it comes to group benefit plans one of the first questions we are asked is whether belonging to a benefits pool means having […]
Check to Ensure your Benefits Quote is Actually for a Comparable Plan
5 Key Areas to Check to Ensure your Benefits Quote is Actually for a Comparable Plan Inflation is on everyone’s mind; wherever you look, prices are rising. Unfortunately, benefit plans are not exempt from this. When the cost of dentist visits, medical items and procedures goes up, the result is often higher claims. This can […]
Business Owners: How to pivot your employee benefits to adapt to the changing landscape of employee needs
By Howard Cheung, Account Executive, Immix Group: An Employee Benefits Company The year 2020 has certainly been a year of change. All aspects of life have adapted to a new normal, and this includes businesses and what it means to provide valuable benefits to employees. As business owners and managers of employee benefits, what can you […]
New Year, New Benefits?
A fresh year — and a refresh opportunity By Lindsay Byrka, Vice President, Immix Group: An Employee Benefits Company At the start of a new year, we all make resolutions. With 2020 also being the start of a new decade, perhaps we’re even more motivated to make improvements! When it comes to benefits, consider: Is this the […]
Employee benefits for start-ups: the long-term vs. short-term outlook
By Howard Cheung, Account Executive, Immix Group / March 14, 2019 Once they grow above three employees, many small businesses start thinking about getting a benefits program. After all, benefits are a key attraction in hiring the best talent. From a human resources perspective, small businesses scaling up should make sure the benefits package they settle on […]