Dependent Care Flexible Spending Account Provider, Clarity Benefit Solutions, Shares Four Areas Where Brokers Can Refocus
Today's brokers are facing challenges brought about by a rapidly changing business climate and its effect on their clients as their needs and expectations change. As a result, brokers need to refocus, supporting their clients beyond benefits. Here are four ways brokers can refocus their efforts.
- Take on an advisor role. Employers not only look to brokers to provide their employees with a range of high-deductible health plans to choose from; they also want the brokers to execute them by communicating plan details clearly and communicating changes immediately. Brokers should also make sure they keep on top of new health insurance laws and compliance issues, taking the worry out of their clients' hands. Establish a strong online and social media presence and use it to relay pertinent information.
- Tackle HR and payroll duties. Since wages are one of the largest costs employers have, focused brokers have the opportunity to introduce cost-cutting measures and initiate change. Advise employers on methods to improve labor costs via time management systems, ways to update benefit eligibility, and strategies to introduce wellness programs into the workplace. Many of today's HR departments are small, so brokers should work closely with them to manage and maintain processes and efficiencies.
- Master using an online benefits administration platform. An online benefits administration platform is the perfect way to assist HR departments achieve cost- and time-savings by streamlining the entire process. Brokers who become proficient with platforms such as these have an edge over their competition to partner with employers and offer employees a positive experience when it comes to comprehending and managing their benefits.
- Constantly reevaluate packages. Brokers should always be carefully examining the current insurance packages available on the market, taking note of what works and what does not. Call medical providers to confirm their participation in plans.
About Clarity Benefit Solutions: Clarity Benefit Solutions Healthcare Exchange provides technology that makes the health insurance plan selection process fast, easy, and straightforward. For over two decades, we have provided clients with industry-leading technology, compliance, and exceptional customer service. Our offering is designed to save time and lower the costs of managing benefits while also promoting employee self-service and automated ACA compliance.
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SOURCE Clarity Benefit Solutions
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