Advisor's Corner
Tommy’s Takes
Tommy Maher , Senior VP of Sales
There’s no question that health is a must when it comes to insurance coverage. But while general healthcare is an unquestioned, vital part of coverage, mental health coverage has been a bit of a different story. Although outdated stigmas might suggest that poor mental health is an uncommon and unnecessary concern, this couldn’t be further from the truth. People are becoming more accepting of, and willing to seek support for mental health, opening the door for employers to invest in overall employee wellbeing.
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An overwhelming majority of people have experienced struggles with their mental health, and these issues can result in negative outcomes for businesses such as absenteeism, lack of productivity, or lowering quality of work. More and more, mental health coverage is becoming a vital need, and stop-loss insurance is positioned to be a solution, well-suited to adapt. By mitigating risk and allowing for tailored benefits, stop loss can make investing in employees’ mental health not only painless but a major win for the future.
Putting the Work in Workplace Culture
Investing in workplace health and company culture, specifically mental health, has become a fast-growing need. With the U.S. Surgeon General’s recent warning addressing the dangers of social loneliness and isolation, and the value of the workplace as a place to foster belonging, a focus on mental health in the workplace is more important than ever.
The Value of Mental Health Benefits
Did you know that the cost of not having or promoting mental health support can significantly outweigh providing robust benefits? In our latest blog, we discuss the value of having the right mental health benefits available to employees and how it affects everything from employee recruitment, retention, and productivity to your bottom line. RMTS is here to provide expert guidance on mitigating these risks and prioritizing the health of your workforce.
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RMTS Spotlight
Nick Burkart , Underwriter
We’re proud to highlight one of our outstanding underwriters, Nick Burkart! Before coming to RMTS, Nick studied Risk Management & Insurance at the University of South Carolina. After working as a client advisor, he decided it wasn’t quite the right fit—discovering underwriting at RMTS, on the other hand, was, and we’re better off for it! From attending conferences to sitting in on key decision-making discussions, Nick’s ever-growing professional knowledge is a powerful and much-appreciated force at RMTS.
RMTS On the Go
HCAA Executive Forum
This year’s Executive Forum offered the chance to stay up to date on new and informative topics, with a focus on AI and how it continues to affect healthcare. It was also an excellent opportunity to speak with fellow industry leaders about how we can work together towards a better self-funded industry. From catching up with current and prospective clients to discussing future opportunities together, our time at HCAA was a success!
Upcoming Events
We're looking forward to attending the HCAA TPA Summit in July!