After a few months of trying to learn everything there is about employee benefits and insurance, I came to the realization: Nobody will ever know everything there is to learn about employee benefits. Why? The insurance and benefits industries change every day and there will always be a nugget of information out there that will keep you from becoming a “Benefits Guru”. So, now I know there is no end to learning about benefits. And that may sound obvious, but I chose to look at it a different way:
The goal is just to know more than you did yesterday.
Simple as that. It doesn’t matter if I spent 30 seconds or 30 minutes a day reading about the industry. As long as you learned something you didn’t know before, I was on the right path to benefit comprehension!
And if I could relay one piece of advice to employees to help them understand their benefits offering, it’s that you don’t need to learn the ins and outs of every benefit during open enrollment. What’s important is that you have a basic understanding of your and your family’s needs. A non-adventurous parent may not need accident insurance, but their football and baseball scholarship-hunting child might!
Here at MGM Benefits, we’ve built a nice collection of resources that help make learning about benefits easy for employees.