The BenefitsTV Podcast is dedicated to helping you navigate the complex world of employee benefits. Join our hosts, Andrew McNeil and Rosario Avila as they discuss the latest trends and insights in the employee benefits industry and provide you with actionable tips and strategies to make the most of your benefits program.
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The BenefitsTV Podcast is dedicated to helping you navigate the complex world of employee benefits. Join our hosts, Andrew McNeil and Rosario Avila as they discuss the latest trends and insights in the employee benefits industry and provide you with actionable tips and strategies to make the most of your benefits program.
Rate Increases and Renewals: Strategic Planning for 2024 Benefits
BenefitsTV the Podcast
16 minutes 35 seconds
1 year ago
Rate Increases and Renewals: Strategic Planning for 2024 Benefits
In this episode of BenefitsTV The Podcast, co-hosts Andrew McNeil and Rosario Avila discuss the challenges experienced by organizations with open enrollment and benefits compliance at the tail end of 2023 and the start of 2024. They highlight important factors like communication to employees, early strategic planning, and proper understanding of the range of options to handle issues like rate increases. They also dive into a commonly found issue where some employers often confuse certain documents or overlook certain procedures which could lead to potential compliance problems, affecting even smaller employers. The hosts encourage employers to ask more questions and start strategic conversations early with their brokers, and also offer their audience to reach out to them for free audits to ensure compliance. They stress the importance of staying updated on changing requirements due to changes in company size as well.
00:03 Introduction and Welcome 00:36 Discussing Open Enrollment Challenges 02:08 Exploring Employer Experiences 04:24 The Importance of Communication in Benefits 06:13 Exploring Different Benefits Options 09:38 The Importance of Benefits Compliance 15:26 Closing Remarks and Contact Information
Andrew McNeil - AndrewM@arrowbenefitsgroup.com Rosario Avila - RosarioA@arrowbenefitsgroup.com
BenefitsTV the Podcast
The BenefitsTV Podcast is dedicated to helping you navigate the complex world of employee benefits. Join our hosts, Andrew McNeil and Rosario Avila as they discuss the latest trends and insights in the employee benefits industry and provide you with actionable tips and strategies to make the most of your benefits program.