article thumbnail

How to contain employee benefits costs (and why most businesses struggle)

Insperity

per hour, per employee, for health-insurance costs, according to Sept. In 2021, employer expenses for health insurance are expected to rise by 3.9 In 2021, employer expenses for health insurance are expected to rise by 3.9 However, a major driver of increasing health-insurance costs is plan usage and claims history.

Insurance 321
article thumbnail

MSIG Insurance Offices – Singapore

Office Snapshots

AI Associates completed the MSIG Insurance offices with a variety of patterns in Singapore. In the transformation of MSIG Insurance’s Singapore office space, we have successfully turned a vast 40,000 square feet space into a forward-looking workplace tailored for the post-pandemic world.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Is your employee wellness program up to par?

Insperity

Their benefits include: Healthier employees, which can help companies contain health insurance costs Less absenteeism and, therefore, greater productivity Higher morale A sense among employees that their employer cares about them in a holistic manner – beyond their functional role at work – which can strengthen loyalty and improve retention.

Insurance 301
article thumbnail

Digital Nomad Health Insurance: Everything You Need to Know Before Hitting the Road

Success

Navigating the world of health insurance is complicated enough within the United States. When preparing to move abroad as a digital nomad, typical private medical coverage doesn’t necessarily work while you’re outside of your home country—while travel insurance might not be designed for longer trips or anything other than emergency care.

Insurance 105
article thumbnail

Future-ready HR: The versatility of full-service PEO partnerships

Insperity

An example of this is a client company discovering that they’ve been continuing to pay for medical insurance for a terminated employee. Some compromise may be necessary When you choose your own insurance offering through a broker, you can select from a vast number of available insurance carriers and plan designs.

Payroll 254
article thumbnail

TruStage’s Bob Trunzo on bringing bold change to insurance

McKensey

The recently retired CEO of TruStage reflects on the decade he spent at the insurer’s helm, including an early move to prioritize digital.

Insurance 101
article thumbnail

6 big soft cost savings associated with HR outsourcing

Insperity

Employers always want to improve business efficiencies, of course, and today they are doing so by prioritizing opportunities to improve recruiting strategies, strengthen employee engagement and better navigate the increasingly complex compliance issues that they’re often faced with.