It’s re-enrollment season here at MaxWorth, which means we’re traveling throughout the country to help our plan participants make their 2020 elections. For the past thirteen years, we’ve worked exclusively with physicians and administrations on their benefit plans. During that time, we’ve seen the positive impact that effective communication can have on plan participation. Compensation programs are more advantageous for all parties when physicians are engaged with their plans and are in alignment with their administrations. Therefore, it’s vital for administrators to have an effective communication strategy in place. Here are a few best practices that can improve your physician communication during re-enrollment season:
Have an invested physicians’ liaison
While our team handles the promotion and coordination of the open enrollment period, having an invested physician liaison is helpful in arranging in-person meetings as well as virtual follow-ups. This person has an existing working relationship with the doctors, so they’re able to capitalize on this repour to keep enrollment top of mind for participants.
Utilize digital platforms
Since physicians lead busy lives, it’s important to do everything you can to make it as convenient as possible for them to engage with their plans. Digital platforms can improve efficiency and convenience. Our team uses digital scheduling, reminders, and forms. Digital scheduling is particularly beneficial since it allows physicians to reschedule in the event of an emergency or when they’re called to surgery.
Partner with the right team
Our team of professionals works with administrators to make the process of enrollment as non-labor-intensive as possible for them. We personally explain our plans to eligible participants so administrators and HR professionals don’t have to become experts overnight. With over thirty years of experience in benefit plan design, we’re able to make sure all parties have a complete understanding of their program. When a plan is properly communicated, it helps ensure that physicians and administrators are aligned behind the common goal of reaping the rewards of a successful program.
REQUEST OUR WHITE PAPER
Complete the form below and receive a copy of our latest white paper: Increasing Hospital Profitability
Want to Learn More?
The retirement bridge: access to the right tools can mean a lot to physicians By: Kyle Worthy You just can’t get there from here Due to regulations that limit the amount of money highly-compensated individuals can contribute to their qualified plans, it is difficult for physicians to replace their…
Practice Executive Compensation: Strategies to improve attraction, performance, and loyalty By: Kyle Worthy Medical practices are becoming larger and more competitive, and, like hospitals, they’re looking for creative and cost-effective strategies to help them achieve their organizational goals. Compensation is a great place to start. In fact, medical practice executive…
Convenience Yields Success in Physician Benefit Plans By: Kyle Worthy While visiting with physician participants last week in Southern California, I was reminded of the role that convenience plays in the success of benefit programs, particularly for physicians. Most professionals’ employer-sponsored retirement plan is their largest asset. While there are…
Courage in Healthcare: Dr. Paul Reiman By: Kyle Worthy A physician’s passion for motorsports inspires concussion research Making sports safer for athletes is one of today’s top issues in healthcare. There’s more awareness than ever before regarding the danger of concussions, but we still have a long way to go before…