Episode 13: Employee Benefits Explained: Fully Insured vs. Self-Funded (What Small Businesses Need to Know)
Episode Description
In this episode, Kerri Roberts, 20+ year HR Pro, is joined by guests Lexi Stiles and Sarah Hudson to discuss recent trends in the employee benefits space, particularly regarding insurance carriers' approaches and strategies. The conversation then shifts to the different benefit plan options, including fully insured, self-funded, and partially self-funded plans, and the advantages and disadvantages of each as well as what type of employers may want to engage with these plan options.
Tune in to hear:
• Why you should focus on employee benefits education as a cost containment strategy
• How to ensure you have a benefits broker who is advocating on your behalf
• Techniques on how to enhance your benefits offerings to promote employee engagement, wellness and retention
Resources mentioned:
Want the team at Salt & Light Advisors to conduct a round of Employee Engagement Surveys for you? We’d be happy to help. Email us at hi@saltandlightadvisors.com for more information.
Gearing up for employee performance reviews? Grab our free five-point rating scale: https://www.saltandlightadvisors.com/five-point-rating-scale
Connect with our guests:
Lexi Stiles https://www.linkedin.com/in/lexi-stiles-775801124/
Sarah Hudson https://www.linkedin.com/in/sarah-hudson-7bb611123/
Join our weekly newsletter:
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Your benefits broker should be fighting for you year-round — the Monday newsletter helps you stay informed enough to hold them to it: saltandlight.myflodesk.com/saltandlightadvisors
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