Achieving Error-Free Open Enrollment Through Automation and Consolidation
Open enrollment is a key time for employers to drive employee engagement and establish a strong benefits foundation. However, with tight deadlines and complex decisions, HR teams often find themselves overwhelmed and racing to ensure everything stays on track. The challenges HR departments and broader benefits teams face go beyond guiding employees. It’s their responsibility […]
How Brokers Can Survive a Client Merger
Nearly one-third of companies replace insurance brokers post-M&A. To stay on, brokers must evolve beyond transactional services. Mergers and acquisitions (M&A) are high-stakes transformations that can redefine a company’s structure, strategy, and vendor relationships. Amid the rush to integrate systems and scale operations, insurance brokers often find themselves under scrutiny—and at risk of being replaced. […]
Beneration Uncovers $200M in Benefits Billing Errors, Urges Employers to Act
Latest data from Beneration highlights widespread billing errors across employers, demonstrating the financial risks of inaccurate benefits invoicing. Beneration, a leading provider of benefits reconciliation and compliance solutions, revealed over $200 million in billing discrepancies affecting 110,000 employees across hundreds of employers in the past year. “Our data shows that employers are losing millions due […]
How Cleaning Up Benefits Management Saves HR from Burnout
Burnout doesn’t generate overnight from short-term stress—it builds over time when HR is expected to do more without the right support. More than half of HR professionals (52 percent) report experiencing burnout in their role, citing daily struggles with managing their many responsibilities. This is especially true during busy periods, such as open enrollment and […]
The Financial Risk Hiding in Plain Sight
Brokers can elevate their client advisory role by addressing the billing issues no one’s watching. Traditional employer financial risk-mitigation concerns usually focus on maintaining compliance with healthcare regulations and other federal requirements, along with investing in stop-loss coverage. However, an unlikely source for employer financial risk is hiding in plain sight—benefits billing infrastructure and processes. […]
Smarter benefits billing: How HR and finance can drive hidden cost savings
In an article for Benefits Pro, Beneration’s Chief Strategy Officer Evan Rakowski discusses how employers can leverage technology to manage billing discrepancies and ultimately save thousands in the process. Automated, technology-driven solutions offer a clear path to eliminate costly billing discrepancies, streamline administrative processes, and provide deeper financial insights, ultimately safeguarding against overspending and driving […]
The Future Of Benefits Management
Demands on HR teams are increasing, and Beneration’s Chief Strategy Officer Evan Rakowski discusses how you can evolve to meet them in this article for HR.com HR departments say they don’t have time to waste Ask any HR manager, and they’ll tell you there simply aren’t enough hours in the day to tackle their to-do […]