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Critical Point - Inclusivity in employee benefits: Diversity, equity, and inclusion concerns in plan design and communication

Inclusivity in employee benefits: Diversity, equity, and inclusion concerns in plan design and communication

06/16/23 • 23 min

Critical Point

As companies embrace diversity, equity, and inclusion efforts, many are realizing their benefit policies and communications can help address health inequities and be more inclusive. From modernizing the language in plan documents, to simplifying fertility care for same-sex couples, to not showing a skinny marathoner in the ads for your fitness challenge, Milliman’s Chief Diversity, Equity, and Inclusion Officer joined health benefits experts to discuss how plan sponsors can help make sure all beneficiaries get the care they need.

You can read the episode transcript on our website.

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As companies embrace diversity, equity, and inclusion efforts, many are realizing their benefit policies and communications can help address health inequities and be more inclusive. From modernizing the language in plan documents, to simplifying fertility care for same-sex couples, to not showing a skinny marathoner in the ads for your fitness challenge, Milliman’s Chief Diversity, Equity, and Inclusion Officer joined health benefits experts to discuss how plan sponsors can help make sure all beneficiaries get the care they need.

You can read the episode transcript on our website.

Previous Episode

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You can read the episode transcript on our website .

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After 2022’s rollercoaster of soaring interest rates and plunging investment returns, sponsors of single-employer defined benefit plans face a key choice as they calculate the 2023 variable rate premium they’ll pay to the Pension Benefit Guaranty Corporation (PBGC). Milliman pension actuaries Casey Baldwin and Ryan Cook spoke with Nina Lantz about using the full yield curve, not being afraid of the five-year lock-in, and how switching from the alternative calculation method to the standard method can mean the difference between a $100,000 premium and a premium of $1.7 million.

You can read the episode transcript on our website.

Critical Point - Inclusivity in employee benefits: Diversity, equity, and inclusion concerns in plan design and communication

Transcript

Announcer: This podcast is intended solely for educational purposes and presents information of a general nature. It is not intended to guide or determine any specific individual situation, and persons should consult qualified professionals before taking specific action. The views expressed in this podcast are those of the speakers and not those of Milliman.

Heidi tenBroek: Hello, and welcome to Critical Point brought to you by Milliman. I'm Heidi tenBroek. I'm a principal and employee c

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