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With the rise of telehealth, the majority of your interaction with physicians could be digital sooner rather than later. Electronic prescribing is just one aspect of this. Electronic prescribing, or e-prescribing for short, is when a physician or healthcare provider electronically sends prescription information to a pharmacy. Instead of having to write out a prescription by hand, all of the necessary information is transmitted instantaneously via the internet. It's not a difficult concept to grasp. There are also a number of benefits to prescribing drugs electronically.
There's lots of talk about adding value to your benefits package but precious little about creating value with what you already have. Employee benefits — especially voluntary benefits — are key to attracting and retaining talent in today's job market, but simply adding more and more isn't the ultimate solution. You need to make sure that the benefits you already offer are understood and appreciated by your employees.
If you've been following the blog recently you've probably heard of the debate over pharmacy benefit manager (PBM) rebates. If you haven't then don't worry, we'll catch you up on it. Not too long ago, the Trump administration proposed a plan that would end drug rebates for federal payers. Even more recently Senator Mike Braun, a Republican from Indiana, introduced a bill that would also move to end them in the commercial sector. It's clear that many politicians on both sides of the aisle are not happy with how PBM rebates have worked out.
There's a lot of talk floating around about how you need to dazzle potential employees with your benefits package. An impressive salary just isn't enough anymore. Highly-qualified job seekers are getting offers like that left and right. And what about your current employees? They desire good benefits too. If you aren't offering them what they need, they may end up looking elsewhere. One thing that not all employers offer is a competitive benefits package.
Do you know that the cost of healthcare is rising? Yes, you do. It's exhausting to hear that repeated over and over, but ignoring it won't make it go away. What you do about it can make a world of difference. Especially when it comes to your ability to attract and retain new talent.
The traditional 9 to 5 workday is still the most common full-time work schedule, but the idea that it's the only path towards productivity has been challenged in recent years. Instead, many are extolling the virtues of the flexible schedule — particularly when it's combined with the opportunity to telecommute.
Offering a competitive employee benefits package is practically a necessity in today's job market, but it's becoming more and more expensive to do so. That's why many organizations are turning to consumer-oriented benefits in order to contain costs and set themselves apart from the competition.
Guardian Life Insurance released their 5th annual workplace benefits study and there's a lot you can learn from it. The primary focus of the study is how new technology is allowing human resources departments to simplify benefits management both for themselves and their employees.
Crafting an employee benefits package is a multifaceted problem. The key word there is craft. It takes more than a dry list of benefits — however enticing they may seem — to see a positive return on your investment. For example, communicating benefits to employees isn't something that's separate from your benefits package, it's an integral part of it. That should include how to sign up for them, what they do, how they relate to their situation, and how to use them.
If you're looking for a benefit that appeals to millennials it's hard to do better than student debt relief. The current total for student loan debt in America is a staggering 1.6 trillion dollars — you can watch it tick up and up yourself if you're so inclined. That's more than credit card debt and auto loan debt combined. And who is carrying most of this debt? Millennials, of course. For many younger employees, this debt is keeping them from purchasing homes, getting married, and starting families.
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Summerlin-Roberts uses a professional diagnostic process to help you categorize your needs & prioritize objectives.
We'll identify solutions that will specifically fit your needs. Any recommendations made will support your end objectives.
Once we have executive buy-in, we oversee the implementation of any new technology, solutions, or benefits from start to finish.
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