Employee Benefit News September 11, 2024
Navigating the health insurance landscape is complex and demanding for small and midsize businesses (SMBs). As vital cogs in the economy’s wheel, they face significant hurdles, including escalating costs, as well as a lack of transparency and accountability. The role of benefit advisers is critical in guiding these companies through the maze of options and ensuring they provide their employees with affordable, transparent and adequate health insurance.
In response to these challenges, a transformative trend is gaining traction among these employers: leveraging data to inform and guide decision-making. This approach is not just about managing crises; it’s about turning data into a powerful tool that can uncover trends, drive strategic decisions, and align with corporate financial objectives and employee wellness....
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