Well-Being Strategies for a Diverse Workforce, Building Value at an Individual Level | Chicago Benefit Advisors

Your organization has 312 employees, which means you have 312 different needs for well-being support. Well-being strategies should not be a one-size-fits-all approach. Developing a set of flexible and responsive well-being strategies that meet changing individual needs throughout an employee’s tenure is a critical way to both attract and retain talent. A few case studies … Continued

Factor Emerging Trends, Generational Needs Into Wellness Programs | Chicago Benefit Advisors

Your wellness program seems to have it all – biometric screenings, lunch and learns, and weight loss challenges. So, why do you struggle with engagement, or to see any real results? While traditional wellness components are still a large part of plans today, emerging trends, coupled with generational differences, make for challenges when designing an … Continued

3 Questions to Ask When It Comes to Life Insurance | Chicago Benefit Advisors

Your life insurance needs will ebb and flow throughout your lifetime. Buying a term policy early in your career or taking a basic employer-issued life insurance policy is a common course of action. However, deciding how much and what type of life insurance you need at each stage of your life will serve you and … Continued

Why some companies offer an HRA | Chicago Benefit Advisors

In a world of insurance and acronyms, the term “HRA” is thrown around a lot, but it has a variety of meanings. HRA can mean health reimbursement account, heath reimbursement arrangement, or health risk assessment, and all of those mean something different. I want to be clear that in the following article I am going … Continued

FINANCIAL WELLNESS BENEFITS – ADAPTING THEM IN THE NEW WORKFORCE | Chicago Benefit Advisors

Over the past few years, we’ve seen tremendous growth in Financial Wellness Programs. Actually, as indicated in a recent report by Aon Hewitt, 77% of mid- to large-size companies will provide at least one financial wellness service in 2017; with 52% of employers providing services in more than 3 financial categories. So what are the … Continued

Is Your Wellness Program Compliant with the ACA, GINA and EEOC? | Chicago Benefit Advisors

Workplace wellness programs have increased popularity through the years. According to the most recent UBA Health Plan Survey, 49 percent of firms with 200+ employees offering health benefits in 2016 offered wellness programs. Workplace wellness programs’ popularity also brought controversy and hefty discussions about what works to improve population health and which programs comply with … Continued

What You Need To Know About Voluntary Benefits | Chicago Benefit Advisors

Voluntary Benefits are Supplementary Benefits in addition to the core benefits package that the employee can choose to add.

ACA Market Stabilization Final Rule | Chicago Benefit Advisors

On April 18, 2017, the Department of Health and Human Services’ (HHS) Centers for Medicare & Medicaid Services (CMS) published its final rule regarding Patient Protection and Affordable Care Act (ACA) market stabilization. The rule amends standards relating to special enrollment periods, guaranteed availability, and the timing of the annual open enrollment period in the … Continued

The DOL’s Final Overtime Rule Saga Continues | Chicago Benefit Advisors

The change in the regulations that would increase the salary threshold for overtime exemption that was all over the news for the last several months may now be decided by the end of June. The Fifth Circuit Court of Appeals has granted the U.S. Department of Labor (DOL) another 60-day extension of time to file … Continued

Flex Work: Advantages in the New Workforce | Chicago Benefit Advisors

Flex Work.   No doubt you’ve heard this term (or some variation) floating around the last decade or so, but what exactly does it mean? Flexible work can vary by definition depending on who you ask, but one thing is for sure, it’s here to stay and changing the way we view the workforce. According to … Continued