TouchPoints: The Empyrean Blog

Archive for the ‘Benefits Administration’ Category

The Value of Voluntary: How to Engage Your Employees with Supplemental Coverage

Thursday, September 27th, 2018

Voluntary benefits are increasingly essential to employee peace of mind and financial wellbeing, but many employees still struggle to understand how their supplemental plans work. This confusion results in coverage gaps and limited job satisfaction – but a tailored enrollment and benefits experience can help. (more…)

3 Tips to Get Ahead of Annual Enrollment

Thursday, August 23rd, 2018

As employers enter the second-half of the year, many HR professionals are also rapidly approaching their company’s Annual Enrollment (AE) period. AE is the busiest time of the year for most benefit teams – but planning a successful AE doesn’t have to be stressful. (more…)

HR in the C-Suite: How to Gain Influence as an HR Leader

Thursday, July 26th, 2018

HR is a central pillar of every employer’s success, but many organizations struggle to leverage the full impact that Human Resources can have on their businesses. How can you demonstrate value as a strategic leader and increase C-suite support for your initiatives? (more…)

2018 Benefit Trends: How Trends are Shaping the Benefits Landscape

Friday, May 25th, 2018

In today’s tight talent market, benefits are an increasingly important factor in determining employee satisfaction and company success. Proactive HR leaders are staying ahead of the curve by empowering participants with personalized resources to meet their diverse needs. How does your approach compare? (more…)

Affordable Care Act Update 2018: ACA Requirements for Employers

Thursday, April 5th, 2018

Over a year into the Trump presidency and the fate of the Affordable Care Act (ACA) is still as unclear as ever, at least for employers. The Internal Revenue Service has made no move to alter companies’ ACA compliance and reporting requirements – even as the Individual Mandate becomes obsolete in 2019. And after years of promising penalties, the IRS is now actively pursuing fines for ACA non-compliance, which could end up impacting companies in a very big way. (more…)

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

Monday, November 13th, 2017

Introduction

Benefits are one of the most important and influential factors affecting employees’ job satisfaction. 84% of employees that are highly satisfied with their benefits also say they are highly satisfied with their job.1 (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

Introduction

HR leaders make it their mission to protect and provide for employees, most notably through the benefits they offer. Competitive coverage is not just critical for recruitment and retention purposes; it also has tremendous effects on the well-being and security of employees and their families. As health insurance premiums rise, however, the cost of this coverage continues to have a huge impact on employees’ wallets and companies’ bottom lines. (more…)

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.
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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…)