To say 2020 has been a year is a grandiose understatement. No one would have predicted that the lives of New Yorkers would have been so turned upside down. And while it’s probably safe to say that no one enjoyed any part of the stay-at-home orders, some benefits did come out of it, such as saved lives and maybe new career and work opportunities, such as work from home. Now that we’re trending to be on the other side of COVID-19, it’s that time of year again with your employer — open enrollment for benefits. Now, some decisions need to be made for 2021.
The Medical Link offers personalized consulting and advisory services in Human Resource Management and Employee Benefits in the greater metropolitan New York area. With over two decades in the healthcare and employee benefits marketplace, we can help you find the solution that will work for you. Below, we’ll offer up tips on how to navigate employee benefits in this post-COVID world. Reach out to our team to get started today!
TIPS TO NAVIGATE EMPLOYEE BENEFITS POST-COVID
Most employees spend very little time on their HR plans. One recent survey showed that employees spent less than 30 minutes enrolling in their benefit plan. With employee benefits being so complicated, it’s important that employees take the time to ask questions and examine their employer’s health benefit plans carefully. They can either contact their HR representative or their healthcare plan’s representative to gain clarity. However, most healthcare plans are quite similar, so even just spending time on Google learning the difference between a high-deductible plan and a low-deductible plan can help immensely.
Know Your Current Plan
You’d be surprised how many people don’t know their current health insurance coverage. This makes sense if you are healthy and rarely use it. However, emergencies happen to the best of us, and it’s always best to be prepared if you should break your leg slipping on ice in New York. Most health insurance plans change at least slightly when the current enrollment year rolls around, so it’s good to know how it changed and if it affects you so you can make adjustments for next year if need be.
Get Help with Our HR Software
Having an easy-to-access online HR software that employees can navigate can be your saving grace as a small business owner. Rather than answering the same questions from employees over and over again, you can send them to your online HR software portal so they can see their individual benefits. Our HR software also allows for payroll and tax integration, so employees can have access to all of that information as well. With so many employees working from home, you’ll need to adapt your systems, including open enrollment, to meet your employees’ needs.
CHOOSE THE MEDICAL LINK TODAY
If you need help finding a Benefits Enrollment system, or are interested in one of our other services, call our office for a free consolation today!