FormFire Blog

Archive for the ‘Industry’ Category

How Employers Can Fight Rising Healthcare Costs

If there’s one thing Employers can count on every year, it’s that their healthcare premiums will increase. Healthcare premiums, on average, have increased annually by about 4 percent over the past decade. In 2019, the average total cost of employer-provided health coverage increased to $20,576 for family plans, the Wall Street Journal reports, with Employers Read More

5 Benefits of Health Savings Accounts

As the cost of healthcare rises, health savings accounts (HSAs) have risen in popularity among Employers and their employees. According to the Society of Human Resource Management (SHRM), 56 percent of Employers offer HSAs as a benefit—a percentage that is expected to see rapid growth in the coming years. According to Devenir, HSAs have risen Read More

How to Make the Most Out of Group Benefits Meetings

Estimated read time: 3 minutes Whether you head out a month early or a few days before deadline, group benefits meetings are an important event for your groups. These meetings play a crucial part in helping individuals sign up for their insurance, but these affairs don’t have to be a “get in, get out” type Read More

Tips for a Successful Open Enrollment Period

The open enrollment period is a crucial time for any Broker. While timelines may vary from group to group, many Brokers ideal is to start work 90 days prior to enrollment. Nobody wants to have problems arise when the clock is ticking. As for the Employers and individual Group members, they have their own concerns Read More

Proactive Tips for Achieving Your Highest Retention Rate Ever

A poor retention rate is a major concern for any Broker. When you lose clients during their renewal windows, it’s hard to establish a regular base of income and any new clients simply fill a void instead of growing your business. This uncertainty is a big reason why many Brokers strive to improve retention rates Read More