Industry News

As health insurance brokers, you play a pivotal role in advising clients on the best ways to protect their health and the health of their workforce. One often overlooked area is dental insurance, which is critical not only for maintaining oral health, but also for ensuring overall well-being.

Incorporating vision coverage into employee benefits is a strategic investment for business owners. It not only helps in reducing the adverse effects of Computer Vision Syndrome (CVS) but also contributes to a healthier, more productive, and satisfied workforce.

Enrich your portfolio and dazzle your clients

The State of America’s Oral Health and Wellness Report, which surveyed 2,000 U.S. adults and parents of children under 12, provides valuable insights into consumer opinions and behaviors regarding oral health.

At the 2022 HR Technology Conference, various thought leaders and industry stalwarts chose “human” and “human-centered” as the watchwords for HR in 2023. 
According to Kathi Enderes, Senior VP of Research and Global Industry Analyst for the Josh Bersin Company, these are more than just buzzwords as she told leading employee benefits provider Unum, “Your organization [and leadership need] to be human-centered.” 

There is a growing body of research examining the correlation between group benefits plans and worker retention, productivity, and satisfaction. As a result, a growing number of studies and surveys are coming to a similar set of conclusions: ancillary benefits are critical for employees and are frequently the deciding factor for choosing to join or stay with an employer. 

The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of U.S. adult consumers, with a particular emphasis on life insurance.

What’s the value of loyalty? Society puts a premium on it, and we collectively see it as a virtue, but it may be hard to quantify. However, when it comes to business, there is a definite dollar amount that can be directly attached to each instance of employee loyalty (aka retention): in most cases, it’s less expensive to retain an employee than train a new one.

According to the US Census Bureau, over 50% of Americans are now millennials or younger. Furthermore, the entire Millennial generation, plus the older members of Generation Z, have grown up to the point where they now have adult responsibilities and expectations. 

The disability insurance industry is expanding rapidly, according to a report by Allied Market Research. The employer segment has the highest market share. Major selling points for disability benefits are that they protect skilled employees while giving employers the edge in a tight labor market. Here are some factors that are driving the market: