Check out our Updates for important news about Veritas and employee benefits in general.
We are so thankful to celebrate the 10th Anniversary of Veritas today! We began with the belief that the employee benefits brokerage world needed more transparency and that we could provide employers with better and more tangible solutions. We chose the name Veritas, which is Latin for truth, because we believe in honesty and transparency in everything, no exceptions. That belief, coupled with a commitment to provide exceptional expertise and extraordinary service, enabled us to grow and thrive as a firm. We wish to thank all of our fantastic team members and our wonderful clients/partners/friends for making Veritas what we are today. Bob Walsh and Doug Truax.
Congrats to Veritas’ Jason Eaves holding the flag on the court for the National Anthem at a recent Chicago Bulls game with the Wounded Warrior Project.
Veritas works with HR to develop a strategic approach to benefits. The result? A benefits offering that meets both employer and employee needs and that is understood and appreciated by employees–reducing stress and headaches for HR.
With unemployment at historic lows, employers’ benefits offerings are more important than ever to recruitment and retention. MetLife’s new survey offers insights into employees’ evolving expectations regarding benefits.
As the Veritas team demonstrated at our Holiday Party, nothing says Christmas like ugly sweaters.
The Tax Cuts and Jobs Act recently passed by the US Congress will impact employer taxes and employee benefits in many ways. Check out a brief summary here.
Veritas thanks all of those who shared their Holiday wishes with us, and we wish everyone the very best this Holiday Season and in 2018.
There is a best employee benefits plan for every employer. Veritas provides a proven strategic process to get you there. The time to start developing your 2018 benefits strategy is now.
Check out five perks that businesses can offer employees at little or no cost.
More employers are offering some form of student debt repayment assistance as a benefit, but this article highlights how employers also can contribute to 529 plans to help employees proactively save for college for themselves, their children, etc.
Veritas would like to thank all of the individuals who attended our recent CFO Roundtable at Ditka’s Restaurant. And special thanks to our guest speakers: Jim Hallene of CapX Partners and Andy Code of Promus Equity Partners.
See how you stack up on open enrollment readiness compared to your peers in this Employee Benefits Advisor survey. The survey notes that planning and designing employee communications is a “chronic problem in the benefits world.” The solution? Start planning for employee engagement and communications at the beginning of the year as part of a strategic approach to benefits.
Certain changes to some Affordable Care Act (ACA) requirements take effect in 2018, such as increased dollar limits. Download the ACA Overview to prepare for the coming year.
The Department of Labor reported last week that jobless claims hit a 44-year low. For employers fighting to find and retain talent in a tight labor market, here’s a good read on the employee benefits valued most by job seekers.
A timely reminder about how confusing benefits can be to most employees and the need for employers to communicate extensively during open enrollment and throughout the year.
Although few companies currently offer it as a benefit, employer assistance with student loan repayment is generating growing interest, driven by the staggering amount of student loan debt and the number of employees affected. More vendors are developing programs to administer it, and Congress is considering a more favorable tax treatment of the benefit.
Veritas is seeing a dramatic rise in interest from employees in identity theft protection coverage following the Equifax data breach. Employers may want to add this coverage for the coming year, either as a voluntary benefit or with some portion paid by the employer. Many employees are paying more for this service than they otherwise would with an employer-sponsored plan.
The Kaiser Family Foundation has added the Graham-Cassidy-Heller-Johnson Amendment to its comparison of the proposals to replace the Affordable Care Act.
Interesting EBN article on mental wellness programs to address the estimated $225.8 billion employers lose each year due to stress, anxiety, depression and substance abuse.
Veritas team members gathered in September at a Feed My Starving Children facility to pack prepared meals for starving children around the world. Veritas donated the funds for the 12,312 meals packed. That is enough meals to feed 33 children for a year.
Current and prospective employees often overlook, and need to be reminded, that benefits are a third of the total compensation package.
It’s no surprise that 88% of millennials value student loan debt assistance as an employee benefit. To see what other benefits are high on their list, check out this EBN slideshow.
According to The American Society of Addiction Medicine, opioid abuse costs employers approximately $10 billion from absenteeism and presenteeism alone. Download this report from healthcare consultancy Castlight for an overview of the issue.
Most employers report that employee cost sharing and CDHPs have failed to significantly reduce costs* The reason: these tactics fail to address the REAL drivers of employee benefits costs: carrier profits, provider profits, and the “Big 7” costliest medical conditions. This complimentary 30-minute webinar will provide a discussion of how employers are using these strategies. It will help you decide if they can help your organization control benefits costs.
*Fourth Annual Guardian Workplace Benefits SurveySM
The Kaiser Foundation has updated its comparison of ACA alternatives to include the Bill passed by the US House on May 4. Keep in mind, however, that from a legislative perspective, there is quite a distance to go before anything is final and signed into law.
Join us for a complimentary 30-minute webinar to help you learn how forward-thinking employers are addressing medical cost increases with innovative strategies like medical captives, referenced based pricing, and high-risk case management.