Nonprofits face challenges in building benefits plans
Do you have the right strategy for your group health plan? Nonprofits face particular challenges when it comes to finding the right approach to building a sustainable benefits package.
Bernard Health has a decade of experience working with nonprofits, and we offer a suite of innovative products and services to help your employees make the best choices when it comes to healthcare.
Here are three areas of need that nonprofits face when it comes to benefits. To learn more about this approach, click here to download the “Benefits Guide for Nonprofits."
Developing a cost-effective benefits strategy is key for most employers, but especially nonprofits. Bernard Health employs a variety of funding strategies to create sustainable benefit plans, but we find that HRAs or association health plans are the most cost-effective options for nonprofits.
Nonprofits often face a competitive hiring pool and have to build their benefits packages with an eye toward recruitment. Bernard Health also helps small and mid-sized employers expand their benefit offerings options through software to become more competitive at little cost to the employer.
Bernard Health clients have access to BerniePortal, a leading benefits administration and HR software platform. BerniePortal makes it easy to offer more lines of coverage without increasing your costs.
Nonprofits often don’t have a dedicated HR department, which can make it difficult to feel confident about recruitment and retention, let alone whether HR tasks are being administered correctly and in compliance with state and federal regulations. This is of particular importance for nonprofits, who are held to stringent compliance standards.
In addition to benefits administration, BerniePortal is a fully comprehensive HR platform. BerniePortal solves the transactional challenges of HR, including time and attendance tracking, onboarding and offboarding, paid time off, and applicant tracking, which frees up business owners and managers to spend more time on compliance and organizational success, including recruitment, retention and mission development.
To learn more about this approach, click here to download the “Benefits Guide for Nonprofits,” or click below to schedule a free consultation.