The Broker Innovation Lab celebrates brokers and other benefits stakeholders who have embraced the changing marketplace to position themselves and their business for future success
From a plan design perspective, we believe sponsors should consider distribution options such as systematic withdrawals or partial distributions so participants can take ongoing or periodic distributions from the plan in retirement.
If we want different outcomes, we may need a different approach. What if benefits design did not just encourage healthier behavior, but directly paid for it?
Your surgical costs are not a vendor problem. They are not a plan design problem. They are a market structure problem. And the market structure was built by the people sending you the invoices.
When benefits are considered through the lenses of human needs and life stages, organizations can more easily identify gaps and opportunities they may not otherwise recognize.