Have you ever felt that pang of envy when you hear about the amazing benefits your friends or family members enjoy? You’re not alone. According to a recent study, 59% of U.S. workers experience “benefits envy,” a modern-day form of FOMO that leaves us craving better coverage and support for our healthcare needs. But what if […]

I speak with prospective clients who often say that their Open Enrollment went well, but they have these nagging invoice issues. If you notice that benefit amounts are incorrect on your invoices or employee deductions don’t match the carrier invoice, an Evidence of Insurability (EOI) issue might be the cause.

Imagine going to a pharmacy to pick up your prescription and finding out that the same medication costs hundreds or even thousands of dollars more under your employer-sponsored health plan. This scenario is at the heart of a recent class action lawsuit filed against Johnson & Johnson (J&J), shining a spotlight on how employers manage their employees' healthcare benefits.

In recent years, the healthcare landscape has witnessed a significant trend – the rise of vertical integration. This phenomenon involves consolidating different stages of the healthcare supply chain, with entities like health insurance companies acquiring pharmacy benefit managers and hospitals absorbing independent medical practices.

Between the recent Healthcare Super Bowl commercial, Mark Cuban interviews, and celebrity endorsements, Healthcare Transparency remains a hot topic and will continue to be so for the foreseeable future. 

In addition to your other CFO or HR responsibilities, you're now in charge of finding and implementing the employee benefits program for your company. First, congratulations! This is a powerful position to be in where you can truly impact your employees' financial, physical, and emotional well-being.

We are thrilled to announce that Chelsea Ryckis, President of Ethos Benefits, was honored as the Most Innovative Consultant of the Year for 2024 at the Annual +You Awards Banquet on February 6, 2024, in Puerto Rico.