Compliance image Maximizing costsavings is still important, but providing their clientswith "legislative and regulatory updates" has also becomea top priority for today's benefits brokers andadvisors. (Photo: Getty)

The role of the benefits broker is moving toward universalconsultancy: understanding the broad needs of an organization inconjunction with its benefits plan, according to ConnectYourCare'sreport, "The Broker Guide to Refining Benefits Strategiesfor 2020 and Beyond."

"Broker roles are changing, and that's because employers arechanging, too," the authors write. "Employers today are challengedwith creating benefits packages that are competitive enough toattract and retain talent, affordable enough to balance the bottomline and keep employees happy, and flexible enough to bend withever-changing (and usually confusing) health care legislation."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Katie Kuehner-Hebert

Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.