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Digital Trends in Healthcare Benefits

Due to the ongoing COVID-19 pandemic, healthcare companies have been forced to accelerate their digital transformation efforts out of necessity. We have seen more and more companies become comfortable with digital-first interactions and it seems that the old model of benefits administration is long gone. Even before COVID-19, digital was a goal for many companies. This stemmed from a commitment to improving the consumer experience as well as making healthcare and benefits more accessible and understandable. The pandemic has sped up the evolution.

For many companies, work-from-home arrangements remain in place, so there isn’t going to be a traditional enrollment…


Shift Your Company Culture by Investing in Relationships

What is your company’s culture and engagement strategy? Employers who embrace the power of cultural fundamentals and have strategies in place to communicate their culture and promote employee engagement are in a position to accomplish more. By incorporating your company’s principles into daily business practices, you can cultivate a high-performing culture that drives performance and encourages employees to work together to serve their customers and communities. When an engaged workforce follows a common set of fundamental behaviors, it results in success.

At Univest, we highly value our culture and truly believe it drives performance. We also realize that culture isn’t…


Building Culture Through Servant Leadership

What is your company’s culture and engagement strategy? The employers who embrace the power of servant leadership and have strategies in place to communicate their culture and promote employee engagement will be in the best position going forward. At Univest, we highly value our culture and truly believe it drives performance. We also realize that culture isn’t something that just happens – it has to be defined and cultivated.

The Univest Way consists of 18 fundamentals that describe the daily principles and practices that make our five core values come to life and truly serves as the foundation of our…


Collaboration is Key in the Wake of COVID

As we face the uncertainty of the impact of the coronavirus pandemic on our economy, public safety and our individual health, we are all looking for assurances from our leaders and employers. One of the biggest factors that contribute to the success of any business is the ability to perform together as a team. With the recent uncertainty and increasing competition, it has become extremely important to encourage creativity and collaboration among your employees in order to improve productivity while also promoting both physical health and healthy employee relationships.

At Univest, we highly value our culture and truly believe it…


We Are in This Together

As we face the uncertainty of the impact of the coronavirus pandemic on our economy, public safety and our individual health, we are all looking for assurances from our leaders, employers and health insurance providers.

Each of the medical insurance carriers announced that they are waiving the cost sharing of testing and any treatment for COVID-19. I had the opportunity to speak with The Morning Call about waiving fees for coronavirus treatments. The potential positive takeaways as we navigate this crisis include lowering the cost of the barrier to care for all patients, increased telemedicine usage and access to…


How to Nurture a Culture of Financial Wellness

Financial wellness refers to the overall financial health of an individual. Simply put, it means you have the ability to have a healthy financial life. For example, you can pay your debts without crisis, have and emergency fund and are saving for retirement. Financial wellness is also about feeling good about your financial situation now and in the future.

What is your company’s financial wellness culture? The employers who embrace the power of nurturing a culture of financial wellness and have strategies in place to provide resources and lessen stress will be in the best position going forward.

Let’s look at…


Is Your Culture Driving Business Success?

At Univest, we highly value our culture and truly believe it drives performance. We also realize that culture isn’t something that just happens – it has to be defined and cultivated. We firmly believe that an engaged workforce who follows a common set of fundamental behaviors creates success. The Univest Way consists of 18 fundamentals that describe the daily principles and practices that make our five core values come to life and truly serves as the foundation of our culture.

One of my favorite of the fundamentals is “Assume Positive Intent.” Which the Univest Way defines as:

“Believe in the goodness…


Using Culture to Drive Business Success

At Univest, we highly value our culture and truly believe it drives performance. We also realize that culture isn’t something that just happens – it has to be defined and cultivated.

Last year, we introduced “The Univest Way” – the brand for our cultural fundamentals. The Univest Way consists of 18 fundamentals that describe the daily principles and practices that make our five core values come to life and truly serves as the foundation of our culture. By incorporating The Univest Way into our daily business practices, we are cultivating a high-performing culture that drives performance and encourages our employees…


Emerging Trends and Strategies for Employee Benefits

Due to the impact of health care reform, alternative funding solutions for health benefits continue to gain traction among small to mid-size employers. Amidst all this change, there are a number of emerging benefits trends and strategies that can help mitigate the financial impact of rising benefits costs.

These alternatives, including level-funding, can provide greater certainty and protection than the typical, partially self-funded solutions for larger employers. Self-insuring your benefits offers several advantages over traditional insurance. These alternatives don’t work for every employer, but are worth consideration for the potential cost-savings, transparency, and flexibility of the plans.

Consumer-Driven-Health-Plans (CDHPs) and Health…


What Changes to Obamacare Could Mean for Employee Benefits

In the midst of the national debate surrounding what will happen next with the proposed replacement of the Affordable Care Act (ACA), there are some key trends that have emerged regarding the options and strategies that all employers face at benefits renewal time each year.

As the benefits industry braces itself for inevitable changes, there is certainly a feeling of uncertainty. Employers and advisors who embrace change and have strategies that incorporate these emerging trends will be prepared regardless of what happens next. Any employer offering health benefits plans should be aware of these key topics:

American Health Care Act: The…

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