HR professionals, especially at smaller organizations, often take on multiple roles that range from strategic planning to tactical execution. In addition, they are also responsible for supporting employee health, wellness and satisfaction. It’s candidly a lot of work and the nature of their position is unique and challenging and can impact the culture and productivity of the organization as a whole. Supporting your HR team with optimized tools, technology and systems can help them keep pace with day-to-day responsibilities while staying focused on the bigger picture at the same time. Your benefits adviser should be a key part of your high-impact HR team.
Recently a COO of a prospective client succinctly brought to light one of the primary challenges organizations face when purchasing employee benefits: How do you know your broker has your best interest in mind when he or she presents a benefits plan for your organization?
Mick Rodgers, Managing Partner of Axial Benefits Group, was recently named to the Advisory Board for The Validation Institute, (VI). The Validation Institute advocates for organizations and approaches that deliver better health value - stronger health outcomes at lower cost - than conventional health care.
Shawna E. Brackett, Director of Client Services for Axial Benefits, was recently named to Employee Benefit Advisor’s list of most influential women in benefit advising.
Massachusetts Enacts Paid Family and Medical Leave
Two Nationally recognized speakers and best-selling authors to discuss recent Bezos, Buffett, Dimon Healthcare Announcement
Boston, MA – Axial Benefits Group and Alliance Healthcare Coalition Managing Partner Mick Rodgers will be alongside Nelson Griswold, President of Bottom Line Solutions, Inc. on July 30th to host an executive roundtable session at the World Congress Employer-Health System Direct Contracting & Partnership Summit in Boston, MA.
Prescription drug costs are the fastest rising component of any healthcare benefit program offered by employers. The rate of increase for both brand name drugs and popularly known generics (such as Atorvastatin, a generic form of the brand name drug Lipitor®, used for high cholesterol treatment), which were designed to keep down costs, has far outpaced the rate of cost growth compared to other aspects of your healthcare spending.
This month the Medicaltraveltoday.com spotlight interview highlights Michael J. Rodgers, Jr., Principal and Managing Partner of Axial Benefits Group. In this exclusive interview, they focus on exactly how Axial Benefits Group successfully specializes in Healthcare Purchasing Coalitions for mid-size companies and direct contracting with hospitals and providers to build their own HMO style products for local employers.
On March 5, 2018, the Internal Revenue Service (IRS) released Revenue Procedure 2018-18 to announce changes to certain tax limits for 2018, including a reduced contribution limit for health savings accounts (HSAs).
The federal Equal Pay Act requires employers to pay men and women equally if they perform substantially equal work within the same establishment. In addition, many states, including Massachusetts, have enacted their own equal pay laws prohibiting wage discrimination based on gender.
This Employment Law Summary provides an overview of Massachusetts’ Pay Equity Act (MPEA) and the amendments to it that go into effect on July 1, 2018.