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30 Dec
The Great Gloom
Posted: December 30, 2024
The Great Gloom: A Growing Challenge The term “Great Gloom” may be new, but the decline in employee engagement is a longstanding issue. Recent data shows a significant drop in employee happiness; employee engagement in the U.S. has dropped to its lowest level in more than a decade. Root Causes of the Great Gloom
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11 Nov
Navigating Employee Benefits: A Glossary
Posted: November 11, 2024
Employee benefits can be a complex landscape, filled with acronyms and unfamiliar terms. In fact, more than 50% of American adults report that they don’t have a clear understanding of their health insurance. Many people are confused because they reach adulthood without ever learning the basics of health insurance terminology. Illiteracy about health insurance is […]
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05 Aug
Understand Your Spending Power: What You Can Buy with Your FSA, HSA, or HRA
Posted: August 5, 2024
Medical expense accounts can help you save on all kinds of healthcare costs. Here are some you may not know about yet. HSA, FSA, and HRA can typically be used for: Medical expenses: Doctor visits, surgeries, prescriptions, dental and vision care, and mental health services. Over-the-counter (OTC) medications: Many OTC medications, including pain relievers, allergy […]
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24 Jun
Investing in Health Prevention and Wellness: A Smart Bet
Posted: June 24, 2024
The old adage “an ounce of prevention is worth a pound of cure” rings truer than ever in today’s world. While reactive healthcare plays a crucial role in treating illness, a growing emphasis is being placed on the power of health prevention and wellness. Investing in preventive measures and promoting overall well-being isn’t just about […]
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26 Mar
Benefits 101: Embedded vs. Non-Embedded Deductibles
Posted: March 26, 2024
Everyone needs health insurance but many people don’t fully understand it. One important concept to understand is your deductible. A deductible is the amount of money that must be paid for covered services before the health insurance company begins paying for expenses. For an individual plan, the deductible is straightforward. But family plans are a […]
Innovative Insurance Group