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Captive Health Insurance and Prescription Drug Costs

AssuredPartners

Captive insurance coverage that includes prescription drugs as part of the program is not new in the employee benefits marketplace. Many prescription drugs have been developed over the years and provide life-changing treatments for participating employees and their dependents.

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Best Employee Benefits in Light Manufacturing

Winston Benefits

If your company is involved in manufacturing, you know that offering strong benefits is a must. Manufacturing jobs tend to have better benefits than many other industries, so staying competitive can be difficult. If you’re involved in light manufacturing, these top benefits can help you stand out.

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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

The poll of 26 health benefits decision-makers at large firms, carried out by The Commonwealth Fund and the Employee Benefits Research Institute (EBRI), found that despite rising premium and health care costs, they felt obligated to offer health insurance instead of shunting employees to exchanges.

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Healthcare Must be Focused on the Patient Journey 

HR Professionals Magazine

5 Eli Lilly, a manufacturing pioneer in diabetes treatments, recently announced a 70% cost reduction for two of its most popular insulin products, Humulin and Humalog, for uninsured patients and those with private health insurance. For these individuals, out-of-pocket expenses can be $1,000 or more a month on insulin alone.

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Why small business owners need liability insurance

Higginbotham

For example, a house painter would be liable for spilling paint on a valuable antique desk, or a small business employee would be liable for causing damage to a supplier’s loading dock during a pickup. Liability for a Defective Product Every business that manufactures a product must be protected by product liability insurance.

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Payroll services for small businesses

Higginbotham

According to SHRM , Alaska, California, Nevada, Puerto Rico and the Virgin Islands all require overtime when an employee works more than eight hours in a day, while Colorado’s daily overtime rule kicks in at 12 hours. Oregon’s overtime kicks in at 10 hours but only applies to the manufacturing sector.

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How Does an Employee Benefits Survey Help a Company Grow?

Vantage Circle

There's a science to selecting benefits that effectively balance employer budgets and employee priorities. An interactive employee benefits survey is your secret to achieving this elusive synergy. What are Employee Benefits Surveys? In short, employee benefits surveys achieve the coveted win-win.