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Flexible Spending Account-Health Care/Dependent Care Expenses
Under this employer-established plan, an employee can defer pretax earnings into a designated account specified for this purpose. The employee may withdraw funds from this account to pay medical expenses and/or qualified childcare expenses that were not reimbursed. Usually, the employer sets a cap limiting the maximum amount the employee can pay into this account. The Federal government also has a limit of $5,000 for child-care expenses. The employee will forfeit any unused funds that remain the account at year-end.
Insurance Industry News from ProgramBusiness.com
Growing Customers With Drip MarketingI am sure of this. When trust must go before commitment, that relationship is always a multiple contact affair. There have been many useful metaphors chosen to illustrate the intentional and careful cultivation of customer relationships. I have found growing customers to be a lot like tending my garden. The right amount of thoughtful planning and preparation, intelligent nurturing and diligent cultivating — and, yes, intentional even ruthless pruning nearly always pay huge dividends at harvest time.
Here are a few nurturing tips to help make your own customer garden positively blossom. Go ahead, play in the dirt and remember 'as ye sow, so shall ye reap'.
1. Start with a plan. Make sure the taller plants don't block the light from smaller ones. Grow the plants you love. Select carefully so the colors in your garden complement each other. Plan for harvest timing; are you sure you want everything to bloom all at once?
* You get to choose what you plant and what you harvest. Identify, individualize and interact with 'A' level prospects and clients. 'A' clients force you to grow and serve as never before and allows you to prosper with abundant harvests.
2. Preparing your fields is half the battle.
* Databases put relevant information at their fingertips. True knowledge management means knowing what matters to customer's most and true customer intimacy means managing their experience and creating WOWs at every point of contact.
3. Individualize your approach to nurturing. Few plant species are truly alike. Peonies may thrive in drought-like conditions, but you'll get limp lily-of-the-valley and shrunken violets in such an arid clime. Some plants love full sun and others bloom happily only in dense shade.
* One to One marketing allows personalized, relevant, useful, and nurturing contacts to be managed as a process. Even the most inarticulate nurturer can be supported with on line menus of letters, memos, notes and other relevant expressions of true sentiments, and well stated.
4. Use precision tools. Never use a shovel when the job calls for a spade.
* Permission not interruption leads to long-term relationships. Mass advertising misses the mark in the complex sale. When dealing with high ticket, high tech, long sales cycle situations, one to one wins.
5. To reap top-quality harvests, plant first quality seeds.
* Mark Twain said, "When you need a friend, it's too late to make one." It is always the choice of the farmer to select which crops to cultivate. The laws of the harvest are inviolable and apply universally; "as ye sow, so shall ye reap".
6. When you talk to your plants, say only positive things.
* Use CRM technology to be responsible for making 'touches that matter.'
7. People remember people who intentionally make them feel special.
* Audit your customer conversations for content and true intent.
8. Give stronger, healthier plants the ample room they'll need to flourish.
* Make room. Rip out puny seedlings and root out weeds. Remember weeds like customers consume the same space, nutrients and energy; but unlike 'A' customers, 'D' customers often yield virtually no salable harvest.
9. Tall, majestic plants need support to keep them from toppling over.
* Indifference is often interpreted as apathy and is deadly to major accounts and top producers. Appreciation, Education and Communication are the antidotes for customer and employee defection.
10. Fertilizing is a messy job, but always worth the effort.
* Drip-Irrigation marketing campaigns make cultivating customers and your team, light lifting. Maintaining professionally persistent contact demonstrates commitment and caring.
11. Poisons and pesticides make a quick fix, but may cause more long term probl
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