Now is the Perfect Time to Review Your Employee Group Benefits Plan
Your employees have been through a lot lately. Some may have had a very difficult time dealing with high interest rates, inflation, the pandemic, hybrid work arrangements, and balancing work-family life, to name a few.
If they needed help, would your staff know where to seek assistance? These are questions that a good employee group benefit plan should be able to answer.
Employee group benefits plans are an important part of any employee’s compensation package. That is true from the perspective of both the employee and the employer. Whether it is for vision or dental care, prescription drugs, or disability coverage, many people rely on their group benefits coverage to keep them in tiptop shape. Moreover, employers know that a happy, healthy person is a productive employee.
Make no mistake about it -- municipal staff are very busy. This is especially true for smaller municipalities. It is no surprise that with various priorities such as project work, reports and reporting, alongside of other day-to-day tasks, a group benefits review is often overlooked. It seems like there is always something else more pressing, and as such, there never seems to be a good time to review an employee group benefits plan.
How can municipalities balance escalating costs with providing a quality benefits program that attracts and retains valuable employees? And with a limited amount of time for review? The answer is simple: the LAS Group Benefits Program.
One advantage to the LAS programs and services, including the Group Benefits Program, is easing the workload of municipal staff. Program Partner, Mosey & Mosey, can assist with a review of your plan at any time throughout the year. There is no need to wait until your renewal date of your current provider.
All that is required to generate a quote is either:
- some municipal employee data, and your current insurer information (plan design, historical data to ensure we can conduct a detailed comparison)
- a letter of authorization, which will allow Mosey & Mosey to obtain the required information on your behalf.
Mosey & Mosey can then develop a competitive, sustainable benefits program that strikes a balance between coverage options and cost control.
So, the next time you find yourself thinking, ‘I don’t have any time to review our benefits program’, remember that LAS and Mosey & Mosey will find time for you.