Industry Insights
Earnings Before Interest, Taxes, Depreciation and Amortization: How to Grow EBITDA from Your Benefit Plans
In the dynamic realm of business finance, the pursuit of maximizing EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is a constant challenge. One impactful avenue to achieve this objective is through a strategic alignment of your benefits plan with cost optimization and value maximization. Let's delve into actionable strategies that can significantly enhance your EBITDA through effective benefits management.
How Reducing Stress Can Save on Healthcare Costs
In today's fast-paced corporate landscape, the issue of workplace stress has gained considerable attention. Apart from its impact on employee well-being, workplace stress significantly affects an organization's healthcare costs. Senior management, being an integral part of the solution, has the power to influence and implement strategies that mitigate workplace stress, ultimately leading to substantial savings on healthcare expenses. Let's delve into how reducing workplace stress can be a strategic approach towards cutting healthcare costs and fostering a healthier, more productive work environment.
How AI is Impacting the Sales Process and Compensation
In the dynamic landscape of sales, the integration of Artificial Intelligence (AI) has emerged as a pivotal force, reshaping the fundamentals of sales compensation programs. Let's explore how AI is revolutionizing these programs and driving transformative changes in sales strategies and incentives.
Lower your golf score and your healthcare costs!
Golf, often considered the executive's playground, is not just a sport but a strategic business move. Many executives utilize the golf course as a setting to seal deals and build connections. What if we told you that integrating exercise into your business routine not only improves your golf score but also has a positive impact on your overall health and, consequently, your business's healthcare costs?
Why Calculating ROI on your Healthcare Spend is Important
In the complex world of healthcare management, organizations are increasingly realizing the need to measure the Return on Investment (ROI) on their healthcare spend. A C-Level strategic approach that involves tracking expenses, assessing interventions, and calculating financial outcomes is key to understanding the effectiveness of healthcare initiatives. So, how do you calculate a healthy ROI on your healthcare spend? Let's delve into the process.
Misalignment of Interests: Employee Benefit Brokers and their employer Clients
In the realm of optimizing employee benefits, a significant challenge often surfaces: the disparity in aligning the interests of benefit brokers with the overarching objectives of organizations. While employee benefit brokers serve as instrumental partners in shaping comprehensive benefits packages, achieving seamless synergy between their goals and the strategic vision of the companies they serve can pose substantial hurdles. Let's delve into the core aspects contributing to this misalignment and explore actionable insights to bridge this crucial gap.
Laurie MacDonald
Laurie MacDonald is a NextGen Benefits Adviser.
As a NextGen Benefits Adviser, Laurie implements effective cost-containment solutions, from managing high-cost drugs to identifying high-quality physicians, from utilizing advantageous direct provider contracts to providing cost-effective virtual care programs.
With strategies and plan designs backed by one of the industry's most respected teams of subject matter experts, you can place your unwavering trust in Laurie.
With Laurie's proven expertise and established track record, you can achieve substantial cost savings compared to conventional, status quo health plans from insurance companies and brokers.
laurie@macdonaldadvisers.com
(727) 328-7839
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