How to prepare for open enrollment The fall season is upon us, and for internal Human Resources departments, this means that preparations for open enrollment must soon begin. As the Society for Human Resource Management noted, some HR professionals dread open enrollment due to the “administrative headaches” it can create. There are numerous considerations to make […]
Author: secova
The importance of dependent audits: School district saves considerably on healthcare costs
The importance of dependent audits: School district saves considerably on healthcare costs Many employers provide healthcare coverage for their employees as part of a benefits package, and some take this a step further by extending coverage to the spouses, children and other dependents of its workers. Such a benefit can be considerably advantageous and help attract […]
Secova and TASC Partner for Benefits
Secova and TASC Partner for Benefits June 2, 2021 – In this time of change, Secova and TASC (Total Administrative Services Corporation) have joined forces to make benefits feel like benefits. Through this partnership, employers will now be able to sign up for all their benefits on one platform. Secova’s online, comprehensive benefits enrollment platform […]
How to make dependent eligibility audits run smoothly
How to make dependent eligibility audits run smoothly There’s no doubt dependent eligibility verification is important. Employers can save their companies thousands of dollars by conducting regular dependent eligibility audits. This is a process where employees submit documentation to verify that the people covered on their health insurance plan still qualify for coverage. Ineligible dependents […]
Graduates are on the search for employment: Here’s how you can attract them to your business
Graduates are on the search for employment: Here’s how you can attract them to your business Summertime is upon us, and that also means that school is out and there is a brand new crop of recent graduates holding advanced degrees, hungry for their first professional job opportunity. According to data from the National Center […]
Top 3 reasons to outsource eligibility audit services
Top 3 reasons to outsource eligibility audit services It’s difficult for businesses to keep track of all eligible dependents currently on their healthcare. Regular record inspection is necessary to make sure the company isn’t providing benefits for people who are no longer qualified to receive coverage under new regulations. Organizations can choose to outsource the responsibility […]
The role of Artificial Intelligence in healthcare
While it’s true that the healthcare industry is witnessing a record-breaking year in digital health investments, the AHA simultaneously projects healthcare’s financial losses at more than $300 billion in 2020. Due to the pandemic, healthcare institutions are increasingly turning to digital and artificial intelligence (AI) solutions that streamline behind-the-scenes functions and alleviate administrative and operational […]
The Millennials: A new generation of employees
Now that millennials make up the largest portion of the American workforce, chances are good that almost every company has at least one member of this generation within its staff. According to Pew Research, 56 million millennials are earning a living, and the post-millennial generation – those born after 1996, known as Gen Z – are […]
College grads: Are you prepared for professional employment?
“Congratulations!” is a word you’ve probably been hearing a lot lately. And it’s not unwarranted – after all, you worked extremely hard through classes and assignments to earn your degree. You deserve a little recognition! But, the hard work isn’t over yet – in fact, it’s just begun! Those loans are going to be due […]
ACA reporting and deadlines: Top mistakes and how to avoid them
When it was first introduced, the Affordable Care Act offered advantages for employees and employers alike. However, it also created added complications for businesses that continue today and into the future.