Should you outsource health & welfare benefit services?

Article Abstract:

Companies have begun outsourcing more of their human resource functions which could bring cost advantages to big companies but not to mid-sized and small ones. Outsourcing comes in the form of either total transfer of functions or partial transfer of specific functions to a third party. In benefits management, 401(k) and pension plans were the usual items outsourced but many companies now outsource practically all non-retirement services.

Author: Abbott, Randall K.
Analysis, Outsourcing

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The business case for integrated benefits

Article Abstract:

Integrated Benefits (IB) is a relatively new method of managing lost time from traditional health benefits and non-occupational benefits such as sick pay, salary continuation, short term disability benefits, and long term disability income. The IB method developed as a response to organizational challenges such as productivity, presenteeism, and profitability, while reducing both benefit programs expenses and operating costs.

Author: Abbott, Randall K.
Employee Health Benefits NEC, Column, Labor productivity, Workers' compensation

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Purchasing for value in health care benefit management

Article Abstract:

The tools for evaluating managed care performance are getting better enabling eEmployers still consider the cost, member services to employees and accessible networks available. While employers are entering into partnerships with their health benefit vendors to lower future cost increase, providers are looking for ways to improve their services.

Author: Abbott, Randall K.
Insurance Mgmt-Health, Purchasing, Managed care plans (Medical care)

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Subjects list: Management, Human resource management, Employee benefits, Health insurance
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