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Welcome to The Friedman Blog

Employees Often Make Bad Health Insurance Decisions

9/22/2022

 
Employees Often Make Bad Health Insurance Decisions
Even though the majority of workers receive health insurance coverage on the job, a new survey has found that many of them understand surprisingly little about their health plans and are leaving money on the table.

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Early Preparation Is Crucial for 2023 Open Enrollment

7/28/2022

 
Early Preparation Is Crucial for 2023 Open Enrollment
​The job market is still dealing with the aftereffects of the COVID-19 pandemic. Workers are taking stock of their circumstances and considering which employment perks matter the most. Specifically, employees are increasingly more concerned about their physical and mental health, financial security and work-life balance than before the pandemic. Many employers have responded by enhancing benefits offerings to support employees. 

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How Employers Are Responding to Record-high Inflation

7/26/2022

 
How Employers Are Responding to Record-high Inflation
​The U.S. inflation rate has increased by 9.1% year over year, according to the Bureau of Labor Statistics (BLS). The BLS also reported that this is the highest the inflation rate has been since 1981. This has led to significant price increases across many consumer goods, and employers are responding in various ways. 

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Year-Long Benefits Education Yields Happier Employees

7/7/2022

 
Year-Long Benefits Education Yields Happier Employees
While most organizations ramp up their benefits communications about a month before open enrollment starts, the efforts often drop off at the start of the year.

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Dental and Vision Benefits Are Inexpensive, and a Big Hit with Workers

6/28/2022

 
Dental and Vision Benefits Are Inexpensive, and a Big Hit with Workers
​Employers nationwide are looking for ways to attract and retain talent and differentiate themselves from competing employers, and many are looking to the two most popular voluntary benefits: employee dental and vision plans.

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Workers Cite Health Benefits as a Top Factor When Accepting a Job

6/14/2022

 
health insurance
​Despite the job market upheaval and intense competition for talent, there is a mismatch between the value that human resources executives and job prospects put on employee benefits, according to a new survey.

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The Impact of Employee Mental Health and Well-being on Workplaces

5/5/2022

 
Mental Health Awareness Month
Employee well-being refers to the overall state of employees’ physical, mental, social and financial health, which can often be influenced by various workplace dynamics (e.g., workload, connections with co-workers and available resources).

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Wearable Technology and the Workforce

4/26/2022

 
wearable technology
​Wearable technology isn’t a new feature. For years, personal gadgets such as smartwatches have been gaining popularity among people who want better insight into their health trends. According to Pew Research Center data, nearly 1 in 5 Americans (21%) say they regularly wear a smartwatch or fitness tracker. In fact, wearable technology has grown so commonplace that employers have been exploring ways to leverage it among their workforce.

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Push to Expand Telemedicine Parity Continues

4/12/2022

 
Push to Expand Telemedicine Parity Continues
Telemedicine got a big boost during the COVID-19 pandemic, and now a number of states have been moving to ensure that health plan enrollees still have access to it and pay for it just as they would in-person visits.

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How to Personalize Your Employee Benefits Offerings

3/24/2022

 
father with son
Each workforce is comprised of unique individuals with diverse backgrounds and interests. So why opt for a one-size-fits-all benefits package? Instead, consider providing benefits options that are as unique as your employees. Doing so could be the attraction and retention tool that sets your workplace apart.

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In February 2020, The Friedman Group joined AssuredPartners, the 11th largest insurance brokerage in the U.S. This partnership provides us access to additional capital and a national footprint that enables us to continue to negotiate the most favorable coverage terms and conditions for our clients, and allows us to provide an even broader spectrum of risk management support services. ​
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