Healthcare Claims May Surge In 2021
Many people have postponed preventive care during the pandemic, waiting for a safer time to visit a doctor. That time may be coming soon, so employers should be ready for health claims to surge this year.
Does an Employee Stock Ownership Plan (ESOP) Make Sense for Your Company?
Looking for ways to supplement your company’s 401(k) retirement plan? Want to reward employees who helped build your business? Looking for ways to facilitate succession planning?
How Carve-Outs Lower Health Plan Costs
Employers who self-fund or level fund their health coverage benefits can lower their costs by working with third-party contractors to manage aspects of their plan using a practice called carve-outs.
COBRA and DCAP Recipients Get Help from $1.9 Trillion American Rescue Plan Act
The American Rescue Plan Act of 2021 includes significant, temporary COBRA and DCAP changes.
Five Strategies for Reducing Workers’ Compensation Costs
When a company experiences significant increases in workers’ compensation costs, it usually triggers internal activities aimed at reducing insurance costs and spending.
Are You Covered in Case of a Business Interruption?
Insurance experts estimate that Business Interruption Insurance is one of the most, if not the most, valuable coverage available, yet business owners often overlook it.
COVID-19: Do You Have Liability?
While some states have enacted laws shielding business from some liability, guidance varies greatly between jurisdictions regarding which businesses qualify for immunity; which actions or omissions are protected; and how long immunity lasts.
Healthcare Options for Unemployed Workers
How President Biden’s executive orders could affect health care coverage and the way we address the pandemic.
Federal Government Allows 401(k) Distributions for Birth or Adoption
Your employees can use their 401(k) savings to help with the costs of a qualified birth or adoption. Employers who decide to allow a QBOAD, will need to have their retirement plan administrators update their systems and plan documents.
Learn How Named Storm Deductibles Can Impact You
Named storm deductibles for wind damage are typically higher than traditional fixed-dollar deductibles, but are only triggered under specific circumstances and can vary based on location. Read this article to learn how named storm deductibles can impact you.