Discretionary Employee Benefits Karen S. Markel, Ph.D., SPHR 2010 Learning Objectives At the completion of this section of the module, students will be able to: Identify […]
Employee demographics Various discretionary benefits are valued differently by employees, and these differences should inform employers in what benefits to offer. Employers should examine the demographic […]
Four basic principles apply to good benefits plan administration (Murphy, 2009): Plans should be simple and easy to understand. Sponsors (employer or benefit provider) should control […]
Communicating Benefits Information Legal provision guided by ERISA and PPA. According to Martocchio (2008), the elements of a sound benefits communication program include: What is […]
If an employer is strategic in developing a benefits program, the metrics used to measure its effectiveness will already be in place. These measures evaluate […]
 Using Benchmarking Information Using the data from the table on the next slide, answer the following questions: What is the most common type of health care […]
Percentage of Organizations with Specific Stop-Loss (SSL) Coverage This percentage represents those employers that contract with a third-party insurance provider to cover medical claims if they […]
Percentage of Organizations Offering Plan This percentage represents the number of employers that offer at least one of the following health care plans: health maintenance organization […]
Type of Insurance Coverage Employees may be covered under an individual or group insurance policy. In an individual insurance policy, the policy is defined between the […]