In its Health Coverage in the United States: 2022 report, the U.S. Census Bureau revealed that employer-based insurance was the most common type of coverage, covering 54.5% of working-age adults.
Timely and effective claim reporting is crucial in managing incidents and ensuring a smooth claims process. Whether it's property damage, bodily injury, legal liability, or cyber incidents, prompt action can help mitigate losses and minimize disruptions.
In the wake of COVID-19, U.S. life expectancy has dropped to 76.4 years, the lowest in two decades. But employers can help add a dozen healthy years to their employees' lives by rethinking their approach to healthcare benefits.
A recent survey found that 81% of employees want more information about company-sponsored benefits throughout the year, yet 47% don’t know enough to make informed choices during open enrollment. With open enrollment season approaching, human resources teams may want to look at some new strategies to close these communication gaps.
Truck rollover crashes pose a significant danger to professional drivers, accounting for 50 percent of large truck occupant fatalities according to truck crash statistics.
A recent surge in on-demand pay benefits offers employers a powerful tool to reduce employee financial stress. With workers increasingly squeezed by economic uncertainty and the rising cost of living, the ability to access wages immediately is becoming a highly sought-after benefit. Offering this perk can boost worker loyalty, motivation, and productivity.
October is National Cybersecurity Awareness Month. During this annual event, government and cybersecurity leaders and the insurance community come together to raise awareness about the importance of cybersecurity.
Only eligible individuals can establish HSAs and make contributions (or have them made on their behalf). An individual’s eligibility for HSA contributions is typically determined monthly as of the first day of the month.
The most impactful way for construction companies to drive down and increase control over major expenses, and find a solution to positively impact their future, is to be aware of their employee benefits costs.
Catastrophic or “CAT” deductibles are the deductible amounts you pay in event of a loss caused by a catastrophic event, which can include named-storm wind, tornado, hail or flood. Your property coverage is often a combination of policies each designed to respond depending on the type of event that caused the insurable loss.
