Traverse Benefits

09/01/2026

Lower drug prices. Stronger supply chains. Patients first.

Nine new pharmaceutical agreements aim to lower prescription drug prices to levels paid in other developed countries, bringing the total to 26 companies covering 89% of the branded drug market.

The companies will invest at least $19.6 billion in U.S. manufacturing and contribute key drug ingredients to strengthen national reserves.

The administration estimates the broader effort could save Americans hundreds of billions of dollars on prescription medicines over the next decade.

ADVANCING MOST-FAVORED-NATION (MFN) PRICING: Today, President Donald J. Trump announced nine new agreements with pharmaceutical manufacturers to

08/26/2026

Cheers to 3 years, Karoline! 🎉

From your creativity and great ideas to the care you put into our clients and our team, you bring so much to Traverse Benefits. We’re so lucky to have you and couldn’t be more thankful for all you do.

08/19/2026

Your single largest operating expense shouldn't be invisible to the people receiving it.

Labor is your biggest line item, but if your team measures its worth only by direct deposit, you're losing retention leverage.

Total Compensation Statements put benefits, retirement contributions, payroll taxes, and other employer-paid costs into perspective—showing your team the full, undeniable picture of your investment in them.

Learn more about why Total Compensation Statements matter and how they can strengthen employee retention: https://bit.ly/4zsZ8cc

08/07/2026

We recently helped one of our clients save more than $30,000 on their renewal.

The reality is that many organizations are paying more than they need to for their employee benefits.

With the right strategy, there are often significant savings to be found while also improving the efficiency of your benefits program.

07/29/2026

Kind words like these remind us why we do what we do. 💙 Thank you for trusting Traverse Benefits with your team.

07/08/2026

Get ahead of employee burnout before it impacts your balance sheet.

As featured in the TCBN, this guide offers a tactical approach to implementing real, structural workplace recovery and keeping Northern Michigan's top talent thriving.

Read the full article: https://bit.ly/44f2NvV

07/02/2026

Choosing an independent agency means choosing advice that's built around you.

We're proud to be locally owned, proudly American, and deeply rooted in Northern Michigan.

Happy Independence Day from all of us at Traverse Benefits! 🇺🇸

06/24/2026

Kind words like these mean everything to our team.

Thank you for trusting Traverse Benefits and allowing us to be part of your journey. We're always here to help!

06/19/2026

Great news for employers and families! The Department of Labor just released new guidance clarifying that employer contributions to "Trump accounts" generally aren't subject to the strict rules of ERISA. Because these tax-advantaged savings accounts are designed to benefit an employee's dependents rather than the employees themselves, companies can offer this fantastic perk without getting bogged down in heavy retirement-plan red tape.

So, what does this mean for your workplace? Essentially, employers can easily set up voluntary payroll deductions to help families fund these accounts, provided they keep participation optional and don't officially endorse a specific investment provider. Companies are completely free to share neutral information, provide educational resources, and post direct links to the official website on their intranet, making it simpler than ever for employees to grow their family's savings!

The .gov means it’s official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.

06/11/2026

Employee questions. Compliance requirements. Enrollment changes. Claims issues. The list goes on.

Most firms provide access to insurance, Traverse Benefits manages the systems around it.

Explore how Traverse Benefits supports large employers year-round: https://bit.ly/43YwiSn