General Agency Recap  -  May/June

Amwins Connect provides insightful articles that cover various topics as resources to brokers and agencies of all sizes within the Group Benefits industry. As a General Agency, Amwins Connect is always working hard to provide product knowledge and relevant health insurance information. This month's recap includes topics ranging from Medicare's age impact on health plan costs, what employees want during open enrollment, why businesses are interested in changing brokers and benefits, and more.

Read each article in full by clicking the Learn More button.

How A Lower Medicare Age May Affect Health Plan Costs

With the proposal of lowering the Medicare eligibility age to 60, cost-savings projections are lower, according to an analysis by the Peterson Center on Healthcare and the Kaiser Family Foundation.

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What Employees Want During Open Enrollment

isolved, a human capital management company, surveyed full-time employees to learn about their expectations for benefits programs and platforms. At the top of the wish lists are better enrollment technologies, more customizable benefits packages, a bigger variety of benefits, and cost analysis for benefits plans. 

 

Small Businesses Remain Committed to Employee Benefits

Despite a shaky economy, 75% of small employers are keeping or growing their benefits in 2021, according to a Unum survey. Thirty-six percent of small businesses plan to hire new employees, and 20% plan to increase the employer portion of premiums paid. 

 

Carriers Help Overcome the Vaccine Wall

In some regions, America is reaching the COVID-19 vaccine wall as supply outpaces demand. So health insurance providers are helping improve vaccine uptake, according to a survey by America's Health Insurance Plans. 

 

Businesses Are Changing Brokers and Benefits

The pandemic has driven businesses to prioritize limiting costs, getting better service, and having more options. Fifty percent of businesses that have not changed brokers in the past 12 months would consider switching to a broker who offered better service.

 

Google Has New Requirements for Health Insurance Ads

Starting on June 2, 2021, advertisers in the United States must be certified by G2 as a provider of health insurance before they can advertise on Google.

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