Greetings!
We have high hopes and expectations for 2011 but it is clear that businesses will continue to face very significant benefits challenges. Premium increases continue to outpace inflation. You can count on Shargel to provide recommendations that reduce costs and protect essential benefits for you and your people.
What’s new with Shargel in 2011? A completely updated www.shargel.com is now online. An HR portal will launch first quarter. It will simplify benefits administration and give your employees quick access to their health insurance information.
We’re always here to help you get the most value from your current benefits package. Here are 3 key recommendations to start 2011:
1. Provide Total Compensation Summaries to your staff.
Let your people know the full amount you spend on them: salary, health benefits, retirement contribution including social security and 401K plans, professional training, etc. We’ve prepared a Total Compensation template that’s visually attractive, easy to use and simple to adapt to your company. January is a great month to thank your people for their work in 2010, distribute this simple compensation summary, and plan for the year ahead.
2. Promote Wellness through preventive health exams.
The new health reform law has made health prevention more accessible than ever before. Most health plans (renewing after September 23rd 2010) now cover recommended preventive exams and lab work at NO CHARGE to your employees. Set a company goal that every person completes their age recommended health exams in 2011. And then celebrate with a creative company event or prize—let us know what you’re doing and we’ll spread the word.
3. Read our insurance blogs and visit our website.
We’ll keep you up to date on how the upcoming insurance battles impact your business and your employees.
We very much appreciate your business, thank you for your support and look forward to working together in the year ahead.
Wishing you good health and much success in 2011!
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