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Employee Benefits

Mar 08

Supply Chain Disruptions Lead to Layoffs or Reduced Hours. Layoffs and Reduced Hours Lead to COBRA Considerations.

By Employee Benefits, From the Experts
A single disruptive event anywhere in the world can trigger a supply chain nightmare for your company. According to a survey by the U.K. Business Continuity Institute, 73% of companies experienced a supply chain disruption in the last 12 months. These disruptions can lead to reduced market share, lost customers, and increased costs. In severe cases, companies may face downsizing or reduced employee hours, which can trigger COBRA events. That’s where COBRA administration services come in to ensure compliance and avoid costly penalties. THE IMPACT OF SUPPLY CHAIN DISRUPTIONS Supply chain disruptions can have far-reaching consequences, including: Reduced market share Loss of…
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Jul 30

The Impact of Health Analytics on Diabetes – A Kapnick Case Study

By Case Studies, Employee Benefits
Did you know that 1 in 4 healthcare dollars are spent on people with diabetes, and 9.4% of the US population is diabetic? This case study highlights how Kapnick’s diabetes cost management solutions helped one client save over $1 million in potential claims costs. THE PROBLEM When an insurer dropped coverage for a brand of insulin, Kapnick’s client faced challenges as diabetic employees were forced to switch to a generic medication. Some employees experienced severe nausea as a side effect. Kapnick’s team used Kapnick Lens to integrate, validate, and analyze the client’s data. This uncovered program correlations and cost drivers, helping the…
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