Cost-Effective Employee Benefits Blog

Health Care Economics & Other Issues Spur Employee Benefit Changes

Health Care Economics & Other Issues Spur Employee Benefit Changes

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How Employee Benefits Are Evolving in New Jersey During 2020 In an ever-changing employee benefits landscape, businesses must be agile in their response to economic factors and other issues. Recently, NJBIZ interviewed benefEx CEO Scott Peloquin for his take on the evolution of health care and other benefits. Read the full article below to learn how employee benefits are changing …

Why Employers Must Align Benefits with Employee Needs

Why Employers Must Align Benefits with Employee Needs

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How Employee Benefits Are Evolving in New Jersey During 2020 Changing employee needs require adaptable, flexible employee benefits that provide a sense of security, transparency, and simplicity. In this article by NJBIZ, our CEO Scott Peloquin explains why employers should prioritize this alignment to lure in great employees. Read the full article below to learn how employee needs are informing …

The COVID-19 Financial Landscape: Is it Time to Revise Your Benefits Strategy?

The COVID-19 Financial Landscape: Is it Time to Revise Your Benefits Strategy?

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During the COVID-19 economic crisis, revising your company’s benefits strategy may appear to be a complicated process. However, we here at benefEx have you covered! Evolving Your Benefits Strategy With an Evolving Financial Outlook Here are some of the steps we recommend you take with your benefits consultant to navigate the process. Identify the Company’s Objectives, Including Budget Setting objectives …

Layoff vs. Furlough: How Each Affects Benefit Retention and COBRA Eligibility

Layoff vs. Furlough: How Each Affects Benefit Retention and COBRA Eligibility

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During the COVID-19 pandemic crisis, many US companies are furloughing or laying off employees. Continuation of health insurance benefits during layoff vs. furlough is a hot topic. In this article, we’ll also be discussing COBRA, which refers to the Consolidated Omnibus Budget Reconciliation Act law passed in 1985. This law allows workers to continue on the same health insurance plan …

The Advantages of Telemedicine

The Advantages of Telemedicine

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More and more patients are embracing telehealth options, opting for remote care over in-person visits. In this blog, we’ll analyze what has contributed to this phenomenon.

Lowering Health Care Costs Despite the Constant Rise

Lowering Health Care Costs Despite the Constant Rise

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Lower Health Care Costs May Not Be Out of Reach It is no surprise that health care costs have been growing at an astounding rate each year. Lack of transparency and skewed pricing is making it very difficult for employees and employers alike to save on necessary health-related costs. Fortunately, not all hope is lost. With the right strategies, employers …