Navigation Links
Guardian Survey: More Than Half of Small Business Employers Who Offer Benefits Encounter Challenges During Open Enrollment Season
Date:10/27/2008

Two-Fifths Plan to Take Action to Control Healthcare Costs

Engaging Employees and Providing Clear, Easy-to-Understand Information Are Key Challenges

NEW YORK, Oct. 27 /PRNewswire/ -- More than half of small business employers who offer employee benefits encounter challenges during the enrollment process, according to a recent study from The Guardian Life Insurance Company of America (Guardian), a leading provider of employee and voluntary benefits to small and midsize companies.

The study, conducted just prior to the volatile events on Wall Street, examined small business owners' (1 to 100 employees) decisions about employee benefits. The survey release coincides with the beginning of the fall open enrollment season when millions of employees make important decisions about their benefits for the coming year.

The study revealed that more than 40% of employers plan to take action to manage benefit costs.

-- About 22% said they would absorb medical benefit costs and 20% would

absorb non-medical benefit costs. Approximately the same percentage

would either shift more/all costs to employees or cut back on medical

employee benefits while slightly fewer would for non-medical benefits.

-- 33% said they would use a combination of the above approaches.

-- Nearly half (45%) of small business employers would offer benefits on a

voluntary basis.

"Facing an economic downturn and a tightened credit market, disposable income is tight for everyone," said Elena Wu, 2nd vice president of Group Marketing and Worksite for Guardian. "Employees will have to make important decisions and tradeoffs around disposable income, but one thing everyone should maximize is benefits through the workplace - they provide immeasurable value during these times. With employers understandably pre-occupied with business concerns, support for helping employees understand their options i
'/>"/>

SOURCE The Guardian Life Insurance Company of America
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Guardian Survey: Men are Twice as Likely as Women to Use Credit Cards to Pay for Major Health Expenses
2. Dale Magner Joins Guardian as Vice President
3. Guardian Makes the Cost of Dental Care More Transparent With New Online Tool
4. Guardian Survey: Fear of Losing Income Due to the Economy Equals Fear of Losing Income Due to Disability
5. Guardian Survey: Employees Are Confused About Their Health Coverage and Have No Plans for Healthcare in Retirement
6. ACORN Expands Presence in EDC Market with Commercialization of Guardian EDC(TM)
7. Guardian Survey: Despite Perceived Effectiveness, Most Employees Who Participate in Wellness Programs Do Not Stay Committed
8. Guardian Expands Dental Benefit Options Helps Small Business Owners Lower Insurance Cost
9. Home Guardian Releases Innovative Sensor System to Keep Seniors Safe
10. Target Data Research Sponsors Forgotten Citizens Who Are in Need of Public Guardianship To Support and Manage Their Healthcare and Personal Needs
11. Evolution of human genomes guardian gives people unique protections from DNA damage
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/17/2014)... of the most popular vaccine brands for children may ... be overlooking some cost factors when choosing vaccines, driving ... option, according to a new study by University of ... can be driven by numerous factors," says Sheldon H. ... of computer science and of mathematics at the U. ...
(Date:4/17/2014)... (April 17, 2014) Two recent papers by ... and colleagues may help scientists develop treatments or ... fever, Japanese encephalitis and other disease-causing flaviviruses. , ... and molecular genetics at the School of Medicine ... Hughes Medical Institute, and colleagues recently published articles ...
(Date:4/17/2014)... April 17, 2014U.S. military personnel who served in ... concussive traumatic brain injury (TBI) were compared to ... other medical reasons. Differences in measures of overall ... months after injury are reported in an article ... journal from Mary Ann Liebert, Inc., publishers. The ...
(Date:4/17/2014)... April 17, 2014-- Colic affects about one in five ... numerous pediatric visits during the first several months after ... symptoms was showing promise; however, the April 1, 2014 ... Sung, Valerie) reported on a study, "Probiotics and Infant ... L reuteri for infant colic did not ...
(Date:4/17/2014)... (SACRAMENTO, Calif.) An international team led by researchers ... protein complex, which plays a key role in cell ... process. This is the first time the complex has ... could make cyclin B1/Cdk1 an excellent target to control ... medicine. The research was published online today in the ...
Breaking Medicine News(10 mins):Health News:Study recalculates costs of combination vaccines 2Health News:CU researchers discover target for treating dengue fever 2Health News:Long-term effects of battle-related 'blast plus impact' concussive TBI in US military 2Health News:New study says probiotic use for infant colic is not effective in reducing symptoms 2Health News:Dual role: Key cell division proteins also power up mitochondria 2
... recurrence of an employee,s medical leave of absence from work tends ... physical one, a Centre for Addiction and Mental Health (CAMH) study ... from their jobs do not have another disability leave for at ... contrast, most who have had a physical health disability leave have ...
... Reporter , TUESDAY, June 28 (HealthDay News) -- A vaccine ... some promise, while another designed to alter insulin production fails, ... results of both studies were slated to be presented Tuesday ... Type 1 diabetes often appears early in life and ...
... with life,s punches, while for others, every misfortune is a jab ... although most people require significant adversity to become depressed the ... 30 percent of people with first-time depression and 60 percent of ... minor misfortunes. But no one knew why. Now, ...
... , TUESDAY, June 28 (HealthDay News) -- ... to the flu vaccine, which suggests that the drugs ... as previously believed, researchers say. The small study ... were treated with sunitinib and six who were treated ...
... Diego, Calif., has joined a national consortium of research institutions ... library of primary human tumors with the goal of developing ... consortium member, STSI will provide solid human tumor samples to ... study. STSI scientists will then have access to the models ...
... Science University have discovered a naturally occurring disease in monkeys ... a discovery that could have a major impact on efforts ... disease that the researchers discovered in monkeys at OHSU,s Oregon ... that could give significant clues into how multiple sclerosis develops ...
Cached Medicine News:Health News:Workplace mental health disability leave recurs sooner than physical health leave, CAMH study shows 2Health News:Trials of Type 1 Diabetes Vaccines Bring Mixed Results 2Health News:Trials of Type 1 Diabetes Vaccines Bring Mixed Results 3Health News:Sweating the small stuff: Early adversity, prior depression linked to high sensitivity to stress 2Health News:Sweating the small stuff: Early adversity, prior depression linked to high sensitivity to stress 3Health News:Certain Cancer Drugs Don't Interfere With Flu Vaccine: Study 2Health News:Scripps Translational Science Institute joins Jackson Laboratory tumor consortium 2Health News:Researchers at Oregon Health & Science University discover MS-like disease in monkeys 2
(Date:1/15/2014)... LOUISVILLE, Ky. , Jan. 15, 2014  Manufacturers, ... technologies must be able to protect their most ... (Logo: http://photos.prnewswire.com/prnh/20130716/CL46586LOGO ) Because ... Industry, it steadfastly remains one of the most ...
(Date:1/15/2014)... , Jan. 15, 2014 MultiCell Technologies, Inc. (OTC ... U.S. provisional patent application concerning composition of matter, biological ... targeted tumor cell death.  This patent ... double stranded RNA molecules (VSRNAs) which interfere with the ...
(Date:1/15/2014)... 2014  According to Millennium Research Group (MRG), the ... the United States and European ... expand moderately through 2022, with embolization particles representing ... interest in drug-eluting beads (DEBs) and radioembolization spheres ...
Breaking Medicine Technology:Intellectual Property Insurance for Medical-related Products and Services 2MultiCell Technologies Files Patent Application Covering New Class of RNA Therapeutics 2MultiCell Technologies Files Patent Application Covering New Class of RNA Therapeutics 3US and European Transcatheter Embolization and Occlusion Device Market to Surpass $1.6 Billion by 2022 2US and European Transcatheter Embolization and Occlusion Device Market to Surpass $1.6 Billion by 2022 3
Low pressure automatic tourniquet with manual time. Includes extension hose and spiral replacement hose....
... Safety. Convenience. Reliability. Cost. These are the ... personnel, and administrators. With a special focus ... practical elements of todays technology to develop ... The A.T.S. 2000 Tourniquet uses ambient air ...
... Retractor System has been designed so the ... delicate soft tissue away from the operative ... the procedure without stay-sutures or assistance. This ... the freedom to do other tasks, which ...
... Battery System is a revolutionary new addition ... surgical instruments. The PowerPro Battery System is ... powered instrument available on the market. It ... designed to meet the requirements of large ...
Medicine Products: