TouchPoints: The Empyrean Blog

Archive for the ‘Benefits Administration’ Category

The 3 Essential Traits of Best-in-Class Benefits Administration Technology

Friday, March 2nd, 2018

Employee benefits can be a demanding part of your daily business – but this doesn’t have to be the case. A best-in-class benefits administration partner will give your team the boost needed to make the most out of each day. But what should you expect from a premier provider? (more…)

Wellness at Work: 3 Keys for Healthier, Happier, and More Productive Employees

Monday, February 12th, 2018

An engaging employee wellness program can bring about positive and lasting change that can benefit your workforce and your bottom line. But what is the best way to drive wellness success without burdening your team? (more…)

5 Ways Benefits Administration Technology Enables HR Benefits Risk Management

Friday, December 8th, 2017

Staying ahead of risks is a critical priority for HR leaders, but ever-evolving regulations and shifting complexities make it challenging. Concerns can quickly spiral into major issues that are costly and time-consuming to resolve – but smarter solutions will help you take a more proactive approach to human resources risk management. (more…)

ACA Update: How the GOP’s Tax Bill Will Impact Obamacare

Friday, December 1st, 2017

2017 has seen numerous attempts at repealing, replacing, or otherwise weakening the Affordable Care Act (ACA). Despite executive orders and several alternatives from members of Congress, Republican leaders were previously unable to implement changes to the landmark health care law. However, that has changed with the passing of the Tax Cuts and Jobs Act, a major bill that recently cleared the Senate.

Increasing Benefits Engagement: Five Ways Technology Can Improve Employees’ Benefits Connection and Satisfaction

Monday, November 13th, 2017

Fostering year-round engagement with your offering is a critical component of successful benefits strategies – but inspiring employee engagement can prove extremely challenging for employers to achieve alone. In an increasingly consumer-driven benefits environment, it is essential that you have the right technology, tools, and support readily accessible to encourage engagement and empower employees to confidently interact with their benefits. (more…)

Decision Support: How Benefits Administration Technology Enables Employees to Better Understand Their Coverage and Costs

Monday, October 23rd, 2017

Benefits administration technology is reshaping the way employees engage with their benefits – and decision support tools are a significant factor driving this change. To accommodate the needs of a diverse workforce, however, HR leaders must consider the quality and context of the resources they leverage. (more…)

Energize Your Annual Enrollment: Five Tips to Engage, Educate, and Enable Your Employees for a Better Benefit Experience

Thursday, September 28th, 2017

Annual enrollment (AE) is approaching fast. For all the time and effort HR teams dedicate to this yearly event, however, many employees remain disinterested or anxious when it comes to shopping for their benefits. How can you and your team ensure a successful annual enrollment? (more…)

Health Savings Accounts: Combining HSAs and Technology to Drive Greater Value to Your HDHP

Thursday, September 21st, 2017

In response to rising pressures, many employers are turning to high deductible health plans (HDHPs) to meet the needs of both their businesses and employees. Combined with an health savings account (HSA), an HDHP can prove to be a mutually beneficial option for both businesses and workers, but your success is dependent on how these options are strategically approached and supported. (more…)

High Performance Networks: Leveraging Benefits Administration Technology to Support ACOs and Narrow Network Plans

Wednesday, September 13th, 2017

As the cost of coverage continues to rise, employers are expected to increasingly turn to high performance networks – or HPNs – to offer competitively priced protection and care. Though HPNs may bring financial advantages, however, simply adding these types of plans to your benefits packages is not enough to shift workers’ mindsets and garner significant adoption.

2017 Employee Benefit Trends Report

Monday, June 26th, 2017

Results from this year’s Empyrean Annual Enrollment survey indicates HR leaders’ growing interest in consumer-driven plans, as well as the need to maintain strategic control to adapt to rapid business changes. (more…)

Exposing the Top 5 Myths about Outsourcing Benefits Administration

Thursday, May 25th, 2017

More and more employers are exploring automated solutions to address the increasingly complex challenges of administering their employee health and welfare benefits programs. Today, 6 in 10 employers feel overwhelmed by the increasing complexity of their benefits program management.1 However, some HR teams hesitate outsourcing these functions due to five common myths and misconceptions. (more…)

Outsourcing Benefits Administration: Are You Ready?

Monday, May 22nd, 2017

Whether outsourcing your benefits administration for the first time or making the switch to a new vendor, it’s important to consider your current and future responsibilities and goals alongside your internal capabilities. Which route best aligns with your benefit needs and challenges? (more…)

Traditional Benefit Offering, Private Exchange, or Hybrid Strategy: Which is Right for Your Workforce?

Monday, April 10th, 2017

Today HR can utilize a traditional benefits administration offering, marketplace or private exchange, or – with the support of a modern technology platform – implement both simultaneously to execute a hybrid strategy. But each organization faces unique challenges, meaning no strategy is a one-size-fits-all. To determine the right fit, employers must carefully consider strategic and technological options alongside their current and future needs – and also determine their employees’ needs as benefit consumers.

Empyrean CEO Rich Wolfe Wins EBN’s Technology Innovator Award

Wednesday, April 5th, 2017

Employee Benefit News has named Empyrean CEO and Co-Founder Rich Wolfe one of the top 21 innovators shaping the benefits technology landscape today. (more…)

ACA Update: Republicans Withdraw Their Repeal Bill and the ACA Lives On (For Now)

Monday, March 27th, 2017

On Friday, President Donald Trump and House Speaker Paul Ryan withdrew their proposed Affordable Care Act (ACA) replacement bill, entitled the American Health Care Act (AHCA). The bill faced staunch opposition from both Democratic leaders and hard-line conservatives. This failure was a significant one for the new Trump administration, which made repealing and replacing Obamacare one of its central campaign promises. Now, what’s next for the ACA? (more…)

Service Philosophy: Five Things to Consider for Benefits Administration Success

Monday, March 13th, 2017

There are many factors to consider when evaluating a prospective benefits administration platform. While the technology powering your solution is a critical component, it is not the sole indicator of future success. Given the complex and ever-evolving nature of employee benefits, even the most robust tools require knowledgeable service and support to realize optimal efficiency. (more…)

Update: Republicans Reveal Plan to Replace Obamacare

Wednesday, March 8th, 2017

On Monday, House Republicans shared their plan to repeal and replace the Affordable Care Act (ACA). However, the long-awaited bill must tackle tough challenges and doubt on both sides of the aisle in order to become law. (more…)

Five Important Factors to Evaluate During a Benefits Administration Technology Demo

Monday, March 6th, 2017

Seeing a potential platform in action is an important part of any technology decision. However, there are several elements that are difficult to judge during a demo – but can end up having the biggest impact on your solution’s overall success. (more…)

12 Traits to Look for in a Successful Benefits Administration Technology Partner

Friday, February 24th, 2017

Whether you’re looking for a new benefits administration partner, or considering outsourcing for the first time, it’s crucial to understand what sets successful solutions apart. With the right knowledge, you can avoid common compromises and reduce your risk of poor choice and project failure. (more…)

ACA Update: How to Prepare for Affordable Care Act (ACA) and Healthcare Reform Changes in 2017 and Beyond

Wednesday, February 15th, 2017

The ACA will inevitably change under the Trump administration – but how will this affect employers? As President Trump and Congress unravel the complex healthcare law, timelines and plans for a replacement continue to shift and evolve. With upcoming ACA deadlines and the threat of penalties still looming, this regulatory uncertainty has left many employers wondering what’s next. (more…)