Michigan agency educates clients about their options under the Affordable Care Act
Evolving rules, regulations and public and private programs engendered by health care reform can be a confusing conundrum for employers as they bring their organizations into compliance and design their plans for the future.
Day after day, there’s plenty new to learn, says TG Nulty, president of Michigan-based Nulty Insurance, and the agency works hard to stay on the forefront of employee benefits education.
Education is the lens that focuses the agency’s approach to marketing, he explains, and employee benefits is the fastest growing line in a rapidly expanding commercial lines agency. Employee benefits sales and consulting accounts for about 23.5% of total revenue, up from about 15% in early 2013.
How Voluntary Benefits Give You the Advantage
in Today’s Health Care Reform World
Not long ago, an employee benefit
package might have included one or
two voluntary products. In recent years,
these products have become more prevalent and
employees selected from a variety of insurance products
to suit their financial protection needs. Today, the impact
of health care reform allows voluntary products to change
the employee benefits game.
Study from Transamerica Finds Employees Favor Companies that Offer Voluntary Benefits
In today’s fast-changing health care landscape, voluntary products are changing the employee benefits game. Sixty-five percent of employees say it is important that their employer offer these products. However, 47 percent of employees surveyed have not been offered an additional voluntary product since health care reform was implemented in 2010.
