Extended warranties and maintenance agreements provide piece of mind when purchasing new equipment. But with high profit margins and large commissions for the sales rep, are they really a good deal?
1441 - 1450 of 1935 items
A private equity firm wanted to reduce benefit costs across its 12 portfolio companies and redesign its health plans. Gallagher conducted an in-depth benefits analysis, streamlined administration and reduced benefit costs by nearly $3 million.
A hospital wanted a better understanding of the cost drivers and utilization patterns for their plans. Gallagher used its proprietary data mining tool to help the hospital better manage their benefit costs, leading to $8 million in cost savings.
Tim Easterwood, Area President, Voluntary Benefits Consulting, and Grant Downs, New Business Development, Voluntary Benefits Consulting, write, “Traditional voluntary benefits are continuing to grow in popularity. In today’s environment, voluntary benefits are a meaningful piece of the total rewards package…” Read more about strategic voluntary benefits.
With their high return potential and low correlation to other asset classes, plan sponsors should consider a strategic allocation to high yield bonds.
Determining the potential losses of an investment is a fundamental question for all investors, and many large institutions use a measure known as Value at Risk (VaR) to boil down enormous, complex portfolios to a single statistic measuring how much they stand to lose on a really bad day. But VaR has its shortcomings when used in isolation, and they were made clear to the world during the 2008 financial crisis. Could some market participants be falling victim to the mistakes of the past and using VaR to justify taking outsized bets on the current low-volatility market environment?
On March 25, 2015, the U.S. Supreme Court decided a case providing clarification on the Pregnancy Discrimination Act’s (PDA) provision requiring employers to treat pregnant women the same as other employees with abilities or inabilities to work. The issue before the Court was whether an employer’s failure to accommodate a pregnant employee violated the PDA when the employer’s light-duty policy accommodated some similarly situated workers but not all. This Gallagher Advisor newsletter provides an overview from the case records as well as how this issue potentially impacts employers.
Rhonda Marcucci, VP of HR & Benefits Technology Consulting, writes, “The field of human capital management (HCM) approaches employee staffing by viewing employees as assets (i.e., human capital), whose value can be measured and enhanced through investment. To understand the role of benefits administration within an HCM model…” Read more about this topic.
Directions newsletter is a monthly publication of the Benefits & HR Consulting operations of Arthur J. Gallagher & Co. The May 2015 issue includes healthcare reform updates, a technical bulletin, webinar information and a variety of benefits and HR news.
Bloodborne pathogens (BBP) are microorganisms that can cause disease when transferred from an infected person to another person through blood or other potentially infected body fluids. The microorganisms are capable of causing serious illness and death. The most common diseases spread in this manner are Hepatitis B (HBV) and Human Immunodeficiency Virus (HIV). Examples of other bloodborne diseases include malaria, Hepatitis C and syphilis. Workers in health care and public safety jobs could be potentially exposed to these disease pathogens. These workers include, but are not limited to, doctors, dentists, nurses, paramedics, police, laboratory workers and housekeeping workers in the health care industry.