Employee Benefits News: This tech company believes benefits management should be as easy as using Venmo
Once a year, employees enroll in benefits, ranging from healthcare and dental coverage to 401(k)s and life insurance — but do they really know what they’re signing up for and how it will impact their lives?
Americans listed health insurance as their most expensive medical expense, yet 44% have avoided care and services in the past year, according to data from insurtech company, HealthCareInsider. This points to a lack of understanding around benefits and what a health insurance plan actually covers, says Shannon Goggin, co-founder and CEO of Noyo.
Read the interview to see how Noyo is helping to bridge that comprehension gap is a benefits management.
About Employee Benefits News:
Employee Benefit News (EBN) is the primary media resource for decision makers in the worlds of employee benefits, human resources, and workplace culture. EBN delivers expert insights to allow business leaders to navigate their industries with agility. From helping benefits managers meet the challenges of reducing care costs to providing HR leaders with guidance on building a talented and diverse workforce, EBN drives the conversation and delivers the research and analysis to help readers support their companies’ objectives.