News & Views
News & Views
September 27, 2021
Few things stay constant in the world of employee benefits, so it comes as no surprise that employers may need to rethink their 2022 salary and benefits budgets as global inflation gains traction. There are several reasons for the latest round of cost bumps – some similar to what we have experienced in the past, and some as a result of long-term pandemic effects.
September 22, 2021
According to Microsoft’s 2021 Work Trends Index, up to 40% of employees are considering leaving their jobs this year.1 What’s the driving force? No surprise, a year and a half of dealing with COVID. Workers are reevaluating their priorities, often towards a new work-life balance, focused on more flexible work. The pandemic, for all its downside, has provided an important reminder that life is fragile, and worth living the way you want.
July 15, 2021
As companies struggle with high healthcare premium costs and worry about their employees’ ability to afford healthcare in retirement, they’re encouraging the adoption of HSAs among their workforces. Some are making high-deductible health plans the only health insurance option and enticing employees with HSA contributions and even matches.
April 16, 2021
We’ll show how we can determine fair renewal rates, and how we achieve our average renewal rate of just 2.1% for groups of 50+ without changing plan design or method of funding.
April 6, 2021
Sometimes, a private plan may offer more flexibility for people wanting to leverage the state's new Paid Family Medical Leave Act. According to President and Founder of Innovo Benefit Group, Eric Gulko, policy holders should look at their options, including private plans. Just beware that even with private carriers the application process could be perceived as cumbersome.
February 8, 2021
Surprise billing, or in some instances referred to as balance billing, occurs when an insured member receives care from an out-of-network provider. As a result the member receives an unexpected bill.
October 14, 2020
Are you asking your prospective employer the right health insurance questions? President and Founder of Innovo Benefits, Group, Eric Gulko, explains what you should be asking before accepting the job in order to understand and make the most of company health insurance benefits.
March 23, 2020
Coronovirus has created a lot of confusion around emergency paid sick leave and paid FMLA. We hope this chart that Innovo created clarifies the complex set […]
January 9, 2020
As companies struggle with high healthcare premium costs and worry about their employees’ ability to afford healthcare in retirement, they’re encouraging the adoption of HSAs among their workforces. Some are making high-deductible health plans the only health insurance option and enticing employees with HSA contributions and even matches.
November 12, 2019
As companies struggle with high healthcare premium costs and worry about their employees’ ability to afford healthcare in retirement, they’re encouraging the adoption of HSAs among their workforces. Some are making high-deductible health plans the only health insurance option and enticing employees with HSA contributions and even matches.