Be informed about the product before someone pretends to be you You file your federal income tax return, only to receive a letter from the Internal Revenue Service that someone else beat you to it and has received your refund. Someone with your name and credit identification has bought a car in a town where you have never lived. Money is missing from your bank accounts. If you have ever
Benefits & Financial Services
Benefits Products & Services Benchmarking survey supports holistic consulting “Employers ask us all the time, ‘What else should we be thinking about?’” says William F. Ziebell, president of Gallagher Employee Benefits Consulting and Brokerage. That’s because employers have come to think of Gallagher as doing more than placing benefits business, he says. Gallagher’s holistic approach to benefits consulting includes advice on a wide range of operational and HR practices. “The
Sales of the product are rising, with opportunities for agents and brokers Everyone fears the big three: heart attack, stroke and cancer—and those serious medical conditions account for 70% to 90% of claims filed under critical illness insurance products, underwriters say. But critical illness insurance, sold primarily as a supplemental voluntary benefit, is evolving rapidly, covering more illnesses to fill the expanding gaps in employer-paid medical benefits. “Employee deductibles have
Benefits Products & Services MetLife study points to strategic advisor role for brokers Major providers of benefits products are trying to make benefits choices easier for plan participants to understand and more customized to their life circumstances. Their goal is to eliminate confusion for workers, help them better prioritize their financial and health product needs, and encourage them to think about their benefits program holistically. “The vast majority of Americans
Product and tech enhancements bring employer and employee value High-deductible health plans help employers contain employee benefit costs. They also help motivate employees to be better consumers of healthcare. But when a medical emergency hits, the consumer-driven coverage can leave employees and their families with thousands of dollars in uncovered expenses. Concerned for the long-term financial well-being of their employees and interested in offering more flexible benefit choices, many employers
