Open enrollment is a critical period for human resources managers, business leaders and employees, especially as the health care landscape and workplace culture continue to evolve. Rising health care costs, inflation, hybrid work models and increased employee expectations have reshaped the open enrollment process. To ensure a successful open enrollment, consider a range of strategies that prioritize communication, te

Employers and human resources professionals must adopt employee benefits strategies that resonate with their workforce. Many workplaces have a disconnect between the way HR personnel perceive benefits and how employees experience them. Employee benefits play a pivotal role in attracting and retaining top talent, and studies indicate that many job seekers consider benefits a crucial factor in job acceptance. By tappin

Generation Z is now entering the workplace in full force and has already influenced dynamics and expectations of organizations. Gen Zers, born between 1997 and 2012, are searching for jobs with promises of personal and professional growth, mental health support and financial security. Here are four ways you can attract and retain Gen Z talent in your workplace. 1. Make mental wellness a priority. Securian Financial r

Risk management is the bread and butter of what we do at CanopyNation. We work with clients to determine the best solutions to minimize harm, manage legal disputes and lessen financial impact when confronted with unexpected events. Such events can range from medical needs to property protection to disability. Keep reading to find out if you need a risk management firm. But first… What is a risk management firm? Canop

Determining a health benefits strategy for a group is challenging as it is. When you add different generations in the mix, each with differing priorities, it can feel impossible to please everyone. Health benefits are a large factor in employee satisfaction, so getting your strategy right is vital to your organization. Here are a few ways that can help you determine a plan that’s right for your multi-generational emp

Insurance companies now have to ensure patients have full access to their health care costs. Previously, insurance companies had gag clauses in place that prevented patients from seeing specific data regarding their treatment. With the new Gag Clause Prohibition Compliance Attestation in place, patients have easier access to their own data than ever before. The GCPCA prevents group insurance plans and health insuranc

Health care advocates found that approximately 80% of medical bills in the U.S. contain at least one error. This alarming statistic means it’s crucial you carefully review your bill to make sure you aren’t overcharged for medical services. Checking your medical bill isn’t as complicated of a process as it may seem. We have a few tips to make sure you are being charged accurately. 1. Request and review an itemized bil

Life insurance is one of the most common employer-provided benefits. Though life insurance is an important asset for future financial security, many employees don’t realize its significance. Teaching employees about the value of life insurance may increase loyalty to your company as they better appreciate this benefit. Employer-sponsored coverage can be offered in a variety of ways. Employers can choose between a ter

The Internal Revenue Service recently released the 2024 benefit plan limits in the Internal Revenue Code. These updates were based on the annual cost-of-living adjustments. The new limits take effect on Jan. 1, 2024. Employers should update their Summary Plan Descriptions and other materials highlighting the annual dollar limits. For assistance on updating your documents and communicating this new information with yo

Health plans vary and have their own sets of benefits and drawbacks related to coverage, physicians, copays and premiums, among others. You’ll need to compare the different types of health insurance plans and choose the one that best fits your needs and budget. It’s important to note that the most suitable plan will depend on your personal health, family’s health and financial situation. There are a few main points o