PeopleKeep

JANUARY 18, 2022

For many employers offering a group health insurance plan, adding a supplemental benefit in addition to the group plan can help offset your employees’ out-of-pocket costs. This is especially true with high deductible health plans (HDHPs) that require employees to pay a higher amount on their own before their insurance kicks in.

Out of Pocket Cost 98

Out of Pocket Cost Insurance Carriers Health Insurance Deductions 98

InterWest Insurance Services

MARCH 3, 2023

A new study has found that individuals enrolled in high-deductible health plans (HDHPs) are more engaged than their traditional plan counterparts during open enrollment, spending more time on choosing plans and using employer-provided tools to help them make their choices. workers were enrolled in them.

Deductions 98

Deductions Deductible Insurance Carriers Education 98

Stratus.HR

OCTOBER 28, 2021

Most health insurance plans outside of a Health Savings Account (HSA) have a list of copays for healthcare expenses. While you think you’re only paying $15 or $25 for an office visit, the final cost is picked up by your health insurance carrier – and that cost eventually makes its way back to you by way of premiums in your plan renewal.

Healthcare 78

Healthcare Insurance Health Insurance Insurance Carriers 78

InterWest Insurance Services

JULY 26, 2022

You as an employer can help by offering group disability insurance to your employees. This insurance helps replace a portion of a worker’s income if they lose their income due to an injury or illness. Typically, disability insurance policies will replace between 50 and 65% of a worker’s income. What it covers.

Disability Insurance 95

Disability Insurance Insurance Carriers Insurance Deductions 95

AssuredPartners

JANUARY 9, 2019

nProperty insurance carriers have seen an uptick in the number of water damage claims in recent years. In response to this, insurance carriers may choose to amend the definition of flood to include other types of water damage situations. The amount of the deductible is subtracted, or “deducted,” from your claim payment.

Deductions 40

Deductions Deductible Insurance Carriers Insurance 40

InterWest Insurance Services

NOVEMBER 22, 2022

Commercial insurance companies are raising rates in most of their lines to account for increasing claims as well as the cost of claims, but another factor is forcing them to increase their rates further: reinsurance. When insurance companies underwrite policies, they will often not retain all of the risk. What’s happening.

Insurance Carriers 98

Insurance Carriers Insurance Deductions Deductible 98

AssuredPartners

MARCH 2, 2023

Introduction: What is your organization’s story to insurance underwriters? Fundamentally, underwriters rely on available facts to quote and issue an insurance policy. Fending off bloated premiums, deductibles, and exclusions is difficult in a hard market. Sometimes it is a clear past does not equal the future story.

Insurance 52

Insurance Insurance Carriers Deductions Deductible 52

Higginbotham

JULY 25, 2023

When you run a business, one essential requirement for being fully prepared is the financial protection provided by commercial property insurance. Without commercial property insurance, the assets of the business – a building, furnishings, equipment and inventory – could be lost to a totally unexpected event. What risks are covered?

Insurance 52

Insurance Insurance Carriers Construction Deductions 52

InterWest Insurance Services

JULY 30, 2022

This is your best estimate of what your insurance carrier paid in insurance claims last year, plus any deductibles and out-of-pocket expenses. InterWest offers a free, easy-to-use Financial Leakage Calculator. The only information needed is your Total Incurred Amount of Claims.

Insurance Carriers 98

Insurance Carriers Overtime Deductions Deductible 98

AssuredPartners

NOVEMBER 29, 2021

Does standard General Liability insurance provide coverage for design activities or modifications and. Additionally, more subcontract insurance agreements require Contractor’s. retention/deductibles starting at $2,500 up to $50,000. In recent years, more insurance carriers have offered rectification.

Insurance Carriers 73

Insurance Carriers Deductions Deductible Insurance 73

AssuredPartners

OCTOBER 19, 2020

nDetermining how much insurance coverage you need and how the value of your home is determined can be challenging. Most insurance companies use the age of home, type of construction, square footage, claims history, location and deductible when rating for home insurance.

Insurance 40

Insurance Insurance Carriers Deductions Deductible 40

Benefit Resource Inc.

APRIL 10, 2023

Confirm enrollment in a health plan To receive automatic approval for co-pays, certain co-insurance, and deductible expenses, make sure your employer has reported you as enrolled in the company health plan. An Explanation of Benefits (EOB) from your insurance carrier or healthcare provider gets it resolved in no time.

Insurance Carriers 98

Insurance Carriers Hospitality Deductions Deductible 98

Higginbotham

SEPTEMBER 16, 2022

million RV owners, make sure you have the right RV insurance. Different types of RVs require different types of insurance. Motorhome Insurance Coverage Requirement. Car insurance is required under state law, and these car insurance requirements apply to motorhomes. RV Insurance Coverages for Trailers.

Insurance 52

Insurance Insurance Carriers Finance Electronics 52

Insperity

JANUARY 24, 2023

Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs. It’s possible that these benefits are already available through your company’s health insurance plan or employee assistance program (EAP) – if so, you should promote these benefits and their pros to your employees!

Insurance Carriers 98

Insurance Carriers Health Insurance Medical Electronics 98

Assurance Agency

APRIL 12, 2023

They are often provided free by insurers and brokers selling their products. Benefits administration technology (Ben Admin) is a web-based database for all employees who are eligible for employee benefits. Enrollment systems/platforms/portals only work to transmit enrollments and they serve to terminate someone’s coverage.

Technology 52

Technology IT Insurance Carriers Deductions 52

Genesis HR Solutions

SEPTEMBER 21, 2021

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. What is the best way to provide insurance? Should you provide insurance at all? Why Health Insurance For Small Businesses Matters. Health Insurance For Small Business Owners: 4 Options.

Health Insurance 52

Health Insurance Insurance 401(k) Insurance Carriers 52

Assurance Agency

APRIL 12, 2023

They are often provided free by insurers and brokers selling their products. Benefits administration technology (Ben Admin) is a web-based database for all employees who are eligible for employee benefits. Enrollment systems/platforms/portals only work to transmit enrollments and they serve to terminate someone’s coverage.

Technology 40

Technology IT Insurance Carriers Deductions 40

AssuredPartners

MARCH 16, 2023

PUNC –Your Checklist for Insurance Coverage ‘PUNC’ ( P ilots, U se, N amed Insured and C ontracts) is an acronym capturing the four most important areas of aviation insurance that result in the largest percentage of claims denials. Ignore these and you may find yourself in a breach of contract lawsuit.

Insurance Carriers 52

Insurance Carriers Insurance Banking Medical 52

AssuredPartners

FEBRUARY 27, 2019

nAfter selecting your General Contractor, it is imperative that you have an executed contract in place outlining expectations and insurance obligations. In addition, many standard contracts call for the homeowner to add the General Contractor as an additional insured to their policy.

Insurance Carriers 40

Insurance Carriers Deductions Deductible Insurance 40

AssuredPartners

DECEMBER 21, 2020

Actual Cash Value (ACV) is when your insurance company only pays for what your property is worth at the time that you file a claim. This means at the time of a claim, the settlement from an insurance carrier traditionally will payout less than what it costs to replace the current item.

Out of Pocket Cost 40

Out of Pocket Cost Insurance Carriers Deductions Deductible 40

AssuredPartners

FEBRUARY 20, 2020

The original components and wiring were not compatible with new equipment; a wireless system had to be installed – claim value $63,239."},{"attributes":{"indent":1,"list":"bullet"},"insert":"n"},{"insert":"Many, but not all, insurance carriers now offer this coverage enhancement.

Insurance Carriers 52

Insurance Carriers Deductions Deductible Insurance 52

The Workcomp Writer

MAY 17, 2022

Stevenson countered that the trial court should limit Texas Mutual’s recovery to $27,519, before deductions for attorney’s fees and expenses to Stephenson’s counsel. Insurance Co. Texas Mutual filed a petition in intervention to recover its subrogation lien. Subrogation Hearing. 3d 650, 651 (Tex. 2019) (citing Tex.

Workers’ Compensation 85

Workers’ Compensation Insurance Carriers Medical Deductions 85

Assurance Agency

AUGUST 26, 2021

Luckily, you had insurance coverage in place and a claim has been filed to help offset these costs. But, how much will you be receiving from your carrier? That depends on which primary valuation method your insurance carrier uses to determine the amount paid in the event of a loss.

Insurance Carriers 40

Insurance Carriers Insurance Deductions Deductible 40

Fringe Benefit Analysts

JANUARY 26, 2023

Some insurance carriers are now also offering identity protection services to their customers at no additional cost. Plus, the best services offer identity theft insurance, adding another layer of protection against monetary loss. Are Identity Theft Protection Services Tax Deductible?

Insurance Carriers 52

Insurance Carriers Taxes Insurance Commissions 52

AssuredPartners

AUGUST 10, 2023

On July 25, 2023, the Departments of Labor, Treasury, and Health and Human Services (collectively, “the Departments”) released guidance in an effort to clarify existing guidelines under the Mental Health Parity and Addiction Equity Act (MHPAEA) and to help group health plans and insurers with compliance.

Insurance Carriers 52

Insurance Carriers Insurance Medical Deductions 52

AssuredPartners

JUNE 24, 2020

Recently, some insurance carriers have begun to offer Service Line Coverage Endorsements to their Homeowners policies to address this potential gap in protection. To learn more about Service Line Coverage and ensure you are properly covered, visit "},{"attributes":{"color":"#028bff","link":"[link] Personal Insurance"},{"insert":".n"}]}

Insurance Carriers 52

Insurance Carriers IT Utilities Deductions 52

AssuredPartners

MARCH 11, 2020

{"ops":[{"insert":"Today, in "},{"attributes":{"link":"[link] Notice 2020-15"},{"insert":", the Internal Revenue Service advised that HDHPs (High-Deductible Health Plans) can pay for 2019 Novel Coronavirus (COVID-19)-related testing and treatment, without jeopardizing their status.

Insurance Carriers 40

Insurance Carriers Health Savings Account Deductions Deductible 40

The Workcomp Writer

FEBRUARY 1, 2022

The third-party tortfeasor responsible for the car accident that caused Claimant’s work injury held two insurance policies with a combined liability limit of $150,000. After deducting Claimant’s litigation expenses from his $150,000 third-party recovery, the WCJ found that the employer had a net subrogation lien in the amount of $99,136.08.

Workers’ Compensation 56

Workers’ Compensation Insurance Carriers Deductions Deductible 56

AssuredPartners

AUGUST 5, 2021

This rule, entitled Transparency in Coverage, requires group health insurance carriers and self-insured plans to disclose rates and cost-sharing information for all covered items and services. Insurance cards must include in-network and out-of-network deductibles and out-of-pocket maximums.

Out of Pocket Cost 69

Out of Pocket Cost Insurance Carriers Pharmaceutical Insurance 69

AssuredPartners

JULY 30, 2018

Thankfully, insurance carriers are in the business of paying these claims. Insurance carriers can be very creative when it comes to drafting language that affords coverage only if you meet certain conditions, also known as “conditions of coverage.”nSome {"ops":[{"insert":"Claims happen worldwide every day.

Insurance Carriers 40

Insurance Carriers Construction Insurance Paid Leave 40

Fringe Benefit Analysts

MAY 8, 2022

These independent contractors advise employers and other sponsors of insurance plans, so they can research and choose the best plans for both the company and its employees. These tools simplify matters and reduce the amount of paperwork necessary to move forward with an insurance vendor.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Corporate Synergies

MARCH 25, 2019

A benefits advocate who delivers the how and why of plan use when employees are asking for assistance helps the employer control health insurance costs. Rather than reaching out to an insurance carrier first, whose issue resolution success is measured based on the call time, employees contact their benefits advocate. As Seen In.

Healthcare 40

Healthcare Out of Pocket Cost Insurance Carriers Health Insurance 40

Benefit Resource Inc.

AUGUST 8, 2019

In this scenario, you may want to spend the extra time to research alternative coverage options through an exchange or directly through an insurance carrier. If you have already met your deductible or maximum out-of-pocket limits, it may be advantageous to enroll in COBRA. What access to doctors exist with alternative plans?

Insurance Carriers 51

Insurance Carriers Flexible Spending Account Medical Flexible Spending 51

AssuredPartners

JANUARY 17, 2020

That is why you purchase an aircraft insurance policy to cover your aircraft. n2. "},{"attributes":{"bold":true},"insert":"Contact your insurance broker or the aviation insurance company directly to report the loss and coordinate next steps. "},{"insert":" Take several pictures of the damaged aircraft and/or the scene of the loss.

Engineering 52

Engineering Insurance Carriers Insurance Construction 52

AssuredPartners

OCTOBER 28, 2020

{"ops":[{"insert":"Medical Payments is what is known as “goodwill” coverage – a promise to pay expenses associated with injury or damage that occurs on the insured’s premises or as a result of the insured’s business operations, regardless of fault or whether or not the insured is legally liable for the injury or damage.

Medical 40

Medical Workers’ Compensation Insurance Carriers Insurance 40

Corporate Synergies

AUGUST 27, 2018

There are typically three ways employers work with PBMs: A PBM bundled with the insurance carrier. A “third party carve-out,” in other words, a PBM that is separate from the insurance carrier. PBM Bundled with Carrier. A third party carve-out through a consortium arrangement.

Insurance Carriers 40

Insurance Carriers Health and Welfare Medical Utilities 40

Insperity

MARCH 29, 2022

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

Health Insurance 92

Health Insurance Insurance Insurance Carriers Education 92