Synopsis
Stop accepting the status quo of paying more for less when it comes to employee benefits and healthcare! From the Foreword…To any CFO or other C-level executive, Breaking Through The Status Quo is a MUST read. I can’t be any more emphatic. If you want to understand why your benefits spend is both sky-high and seemingly out of control, you must read this book. -Gary Bender, The CFO Solution The most successful executives and business leaders understand the desire, need, and real-world value of offering meaningful employee benefits. The problem is, for far too long, organizations and companies have been compelled to follow a traditional and transactional approach to create and maintain a loyal and productive workforce. Unfortunately, the current system is primarily based on quoting and ever-increasing costs that are simply unaffordable and therefore, unsustainable. When it comes to employee benefits, companies large and small are facing massively difficult choices and challenges due to key factors in the marketplace including… Ever rising healthcare costs, Persistent increases in health insurance premiums, Misaligned incentives in the healthcare delivery system, An antiquated, obsolete health insurance brokerage model While most employers are struggling to afford robust and meaningful benefits and total rewards programs for their employees, other employers are being shown fresh, new strategies and innovative solutions that truly reduce the cost of healthcare and bend down the benefits cost curve year after year. As employers demand new ideas, better insights, and actual results, leading business strategists and NextGeneration Benefit Advisers like the authors of Breaking Through The Status Quo are helping their employer-clients take control of their benefits budget and convert employee benefits from an operating expense into a capital expense that delivers a measurable and meaningful return.. In these pages, you'll discover powerful and proven strategies, tools, methods, and tactics that are saving companies millions of dollars a year. You can use these same approaches to break through your own status quo to provide more value to our employees while reducing healthcare costs and driving EBITDA to your bottom line! Specifically, C-level executives, business leaders, and human resource managers will discover: How NextGeneration Benefits Advisers are shattering the status quo in both benefits and healthcare (Chapters 1 & 2); The NextGeneration Benefits mindset that will allow you to break through your own benefits status quo (Chapters 4, 10, 13 & 16); Why it’s critical (and how) to ensure your benefit adviser’s incentives are aligned with yours (Chapter 3); How “best practices” in benefits and healthcare are failing you and your benefits budget (Chapter 12); Strategies to take control of your benefits plan and budget to reduce costs (Chapters 4, 5, 10, 11, 14 & 15); and How to identify and select a NextGeneration Benefits Adviser (Chapter 19). In other chapters, the authors provide specific, proven strategies for cost containment, alternative funding, employee financial wellness, leveraging data, technology, and employee engagement communication. These are the innovative and effective nuts and bolts of their work with clients to break through the status quo and enhance their benefits while reducing costs. Breaking Through The Status Quo is a remarkable collection of strategic insights, innovative strategies, and effective techniques to improve the quality of employees’ healthcare while reducing the cost of that healthcare for both the employee and the employer.
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