HR Lineup

MAY 10, 2023

PlanSource is an online platform that offers comprehensive benefits administration solutions to employers and employees. The platform offers a wide range of benefits administration solutions, including health and wellness programs, retirement planning, and employee insurance plans.

401(k) 52

401(k) Insurance Carriers Retirement Plan Disability Insurance 52

Griffin Benefits

SEPTEMBER 5, 2023

As healthcare costs have risen rapidly in the last decade, employer-sponsored health insurance premiums have followed,1 affecting both organizations and employees. Data analytics is the first step in answering that question, directing employers toward what medical situations can sink a healthcare plan. WANT TO LEARN MORE?

Healthcare 88

Healthcare Insurance Carriers Pharmaceutical Medical 88

Benefit Resource Inc.

FEBRUARY 23, 2021

Lately, we’ve seen an uptick in questions around the roles of responsibilities of your company’s broker, your TPA (that’s us), and your health insurance provider. And where does your health insurance carrier play into this? What is a health insurance carrier? Let’s break it down.

Insurance Carriers 72

Insurance Carriers Health Insurance Insurance Healthcare 72

InterWest Insurance Services

AUGUST 18, 2022

Employers: Don’t make this common cafeteria plan mistake! ” Employees cannot change their minds and make changes to pre-tax cafeteria elections during the plan year, once benefits become effective — unless a special enrollment period as defined under IRC Section 125 applies , or the employer is correcting an administrative error.

Insurance Carriers 96

Insurance Carriers Taxes Health Insurance Employee Enrollments 96

AssuredPartners

AUGUST 15, 2022

Insurance consumers, i.e., businesses, pay premiums in exchange for protection against risk. For insurance carriers to be competitive, premiums are assessed at a level that matches the determined risk. A basic principle of insurance is that premiums paid by many cover the losses of the few. What’s the fix?

Insurance Carriers 104

Insurance Carriers Insurance Entertainment Transportation 104

AssuredPartners

JUNE 30, 2022

Beginning July 1, 2022, the Consolidated Appropriations Act, 2021 (CAA) requires non-grandfathered major medical group health plans and insurance carriers to disclose detailed pricing information in two separate machine-readable files (MRFs). For fully insured employers, their group health insurance carriers will post the link.

Insurance Carriers 52

Insurance Carriers Insurance Health Insurance Utilities 52

The Workcomp Writer

FEBRUARY 2, 2024

Workers’ Compensation Claim The Academy’s insurance carrier denied the claim. The Court added that, as the insurance carrier explained in its brief, the CAB discounted the treating physician’s opinion because the doctor did not opine that the claimant “actually contracted MRSA at work.”

Insurance Carriers 52

Insurance Carriers Workers’ Compensation Hospitality Medical 52

Insperity

SEPTEMBER 17, 2020

It’s important to keep in mind that it’s not up to the employer to determine whether an injured employee has a valid claim. Each workers’ compensation claim is subject to an investigation that complies with state employment law. How can your organization promote workplace safety when your people are remote?

Workers’ Compensation 107

Workers’ Compensation Insurance Carriers Insurance Work From Home 107

Insperity

SEPTEMBER 14, 2021

Choosing the right professional employer organization (PEO) for your company is a huge project. CPA-affirmed documentation that they remit employment taxes in a timely manner. Background reports of their individuals responsible for employment tax payments. Documentation that they have positive working capital.

Professional Employer Organization 86

Professional Employer Organization Employment Insurance Taxes 86

Higginbotham

DECEMBER 14, 2023

This higher cost of repair and labor can mean higher costs for insurance carriers in the event of a claim. Because of this risk, electric vehicle drivers may have to pay a higher insurance premium, regardless of their driving record. Remember, bundling discounts can differ among insurance carriers.

Insurance 52

Insurance Insurance Carriers Technology Taxes 52

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. The study’s authors said there are likely a few reasons U.S.

Deductions 98

Deductions Deductible Insurance Carriers Education 98

InterWest Insurance Services

JULY 11, 2022

While health plans will be required to post this information, employers who sponsor their group health insurance for their employees will need to take steps to ensure that their plans comply with the law, if they have not already done so.

Insurance Carriers 96

Insurance Carriers Insurance Health Insurance Employment 96

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

Workers' Compensation

NOVEMBER 18, 2023

FACTS Five workers employed in the State of New York suffered work-related injuries in NY while working for a NY employer. They were treated in a NJ hospital that obtained assignments for medical costs from the patients against the workers’ compensation carrier of the NY employer. Port Authority of N.Y. and N.J. ,

Medical 52

Medical Workers’ Compensation Insurance Carriers Hospitality 52

EverythingBenefits

MAY 4, 2021

Put as simply as possible, an Electronic Data Interchange (EDI) 834 file is the standard format in which employers can communicate their employees’ health insurance enrollment and maintenance data to insurance carriers.

Insurance Carriers 52

Insurance Carriers Electronics Health Insurance Insurance 52

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. Group disability coverage has advantages for both the employer and the workforce. What it covers. List billing.

Disability Insurance 95

Disability Insurance Insurance Carriers Insurance Deductions 95

Workers' Compensation

JANUARY 8, 2024

In rejecting an employee’s attempt to go forward with a lawsuit directly against an employer, the NJ Appellate Division ruled, in an unreported case,* that an employee, in a novel argument, may assert the “violation of public policy” as an allegation. The exclusion is embodied in the Employer’s Liability EII exclusion.”

Workers’ Compensation 52

Workers’ Compensation Insurance Carriers Insurance Banking 52

Benefit Resource Inc.

FEBRUARY 2, 2023

Offering pre-tax benefits is the first step in helping employees lower out-of-pocket expenses, but employers should also make sure to explain the associated financial benefits. It’s important that employers are equipped to provide sound guidance on out-of-pocket costs, coverage options and resources like HSA calculators.

Out of Pocket Cost 98

Out of Pocket Cost Insurance Carriers Management Finance 98

Insperity

JANUARY 24, 2023

Health care benefits are the costliest line item for employers – and these costs consistently rise each year, with plan usage and claims history serving as the two big drivers. Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs.

Insurance Carriers 98

Insurance Carriers Health Insurance Medical Electronics 98

InterWest Insurance Services

DECEMBER 2, 2022

The key for employers grappling with these higher costs is how they can reduce their impact by switching up plan offerings and choosing plans that do a good job of managing specialty drug costs, which have been spiraling over the last decade. Compare insurance plans and providers. Other cost-saving measures.

Insurance Carriers 97

Insurance Carriers Insurance Hospitality Consulting 97

McDermott Will & Emery Employee Benefits

DECEMBER 7, 2021

Increasing retirement plan-focused litigation has put insurance carriers and fiduciary service providers in difficult positions. In this article published in PLANSPONSOR, McDermott Partner Erin Turley said such litigation continues to be a “major focus” in the fiduciary insurance marketplace.

Insurance 52

Insurance Insurance Carriers Retirement Plan Employee Benefits 52

InterWest Insurance Services

DECEMBER 9, 2021

These rules were all not mandatory and employers could choose whether to relax them or not. Here are the rules that will sunset at the end of 2021: Allowing employees who had declined group health insurance for the 2021 plan year to sign up for coverage. The main focus is on incentives and if they are discriminatory to some workers.

Health Insurance 98

Health Insurance Insurance Insurance Carriers Deductions 98

CorpStrat

MARCH 17, 2022

Are you an employer looking for a new and innovative health insurance plan to offer your employees? Wouldn’t it be amazing if there was a new company in the market that actually did something different from all the traditional insurance carriers? Well, we think there is.

Employee Benefits 52

Employee Benefits Insurance Carriers Health Insurance Benefits Package 52

WEX Inc.

JANUARY 19, 2023

On average, we’ve found that 3-5% of the dependents on an employer's plan are deemed ineligible. When employers have performed a dependent eligibility audit with WEX, they’ve seen savings of $3,000 to $5,000 per plan member, per year. This is particularly important for large, self-funded employers.

Insurance Carriers 52

Insurance Carriers Taxes Electronics Health 52

HR Bartender

SEPTEMBER 1, 2016

Fortunately, I worked for an employer that was open to modified duty. It sounds like this employer is as well. Spence] When an employee remains off work after an accident the employers cost of doing business rises. Unfortunately, employers are not in a win-win situation when it comes to workplace injuries.

Insurance Carriers 66

Insurance Carriers Workers’ Compensation Human Resources Consulting 66

Benefit Resource Inc.

MARCH 11, 2021

Employers are responsible for paying premiums, but receive a tax credit. Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. They will be reimbursed for 100% of the COBRA premiums through tax credits against certain payroll taxes.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

Benefit Resource Inc.

MARCH 5, 2021

According to a recent SHRM article , employers should expect a government funded COBRA subsidy to shortly be a reality. The first item employers should take away from the latest proposal is that the recent changes are likely to usher in a wave of new COBRA enrollees. What you should expect. How you can be proactive.

Government 74

Government Insurance Carriers Taxes Insurance 74

The Workcomp Writer

JANUARY 24, 2023

Background Connelly was a passenger in a vehicle driven by her co-worker Trezona during the course and scope of their employment when Trezona negligently caused an accident, injuring Connelly. Both companies denied the claim, maintaining Connelly’s exclusive remedy lay with the the Act. Smallwood , 308 S.C. 471, 419 S.E.2d

Insurance Carriers 52

Insurance Carriers Workers’ Compensation Insurance Employment 52

Corporate Synergies

NOVEMBER 5, 2018

Employee benefits are typically the second-highest expense for employers—right behind payroll. Not knowing what the benefits renewal rate will be until the end of the plan year complicates the balance that employers must strike between offering a rich plan that employees appreciate at a cost the finance team can live with. As Seen In.

Insurance Carriers 45

Insurance Carriers Health and Welfare Insurance Health Insurance 45

AssuredPartners

JANUARY 10, 2022

Most employers and their human resource departments are breathing a sigh of relief now that the 4 th quarter frenzy of January 1 renewals has passed. Employers continue to struggle with how to effectively communicate with their employees, and even more specifically around benefits.

Insurance Carriers 75

Insurance Carriers Human Resources Utilities Education 75

Higginbotham

JANUARY 11, 2022

However, the FAQs do not require tests to be covered if they are not for individualized diagnosis (such as tests for employment purposes). Insurance carriers have expressed readiness to comply with the administration’s announcement, however they have asked specifically about the potential to reduce price gouging. As of Jan.

Insurance Carriers 52

Insurance Carriers Health Insurance Insurance Medical 52

Corporate Synergies

JUNE 10, 2019

“Our Take” is Corporate Synergies commentary on employee benefits and insurance topics that are in the news. Since CVS announced its plans to buy insurance carrier Aetna in December 2017, many experts, including ours , speculated how the acquisition and other similar ones would change healthcare. But let’s not be naive.

Insurance Carriers 47

Insurance Carriers Healthcare Insurance Employment 47

InterWest Insurance Services

MARCH 15, 2022

That’s why it’s important for any employer with a group health plan to warn its staff about the importance of safeguarding their medical and health insurance information, including plan information and health insurance cards. You may have to submit records requests and pay fees to get copies.

Medical 98

Medical Health Insurance Insurance Carriers Insurance 98

WEX Inc.

JANUARY 11, 2023

Submit carrier eligibility to insurance carriers. Taking COBRA off your plate will do just that, since you’ll reduce or eliminate the need to manually: Send and receive COBRA paperwork. Collect premium payments.

Insurance Carriers 52

Insurance Carriers Human Resources Taxes Benefits Package 52

AssuredPartners

APRIL 7, 2020

States where the employer operates at the inception of the policy should be listed in 3.A. The employer had both states listed in 3.A. A.n "},{"attributes":{"italic":true},"insert":"Action needed – None."},{"insert":"n"},{"attributes":{"bold":true},"insert":"Indiana is insured under 3.A. and Kentucky is insured under 3.C."},{"attributes":{"list":"ordered"},"insert":"n"},{"insert":"The

Workers’ Compensation 52

Workers’ Compensation Work From Home Insurance Carriers Insurance 52

Benefits Notes

MARCH 1, 2022

In this case, there was an enrollment error in signing up an employee for life insurance coverage with his employer – Georgio Armani Corp. The surviving spouse, Soohyun Cho sued the insurance carrier – Reliance for the balance of the $500,000 death benefit after Reliance paid her only $50,000 on the claim.

Health and Welfare 40

Health and Welfare Insurance Carriers Life Insurance Pension 40

Workers' Compensation

JUNE 21, 2022

preempts a state workers’ compensation order that compels an employer to reimburse an employee for the cost of marijuana used in response to pain arising from a work-related injury.” Preemption Issue The question presented is: “Whether the Controlled Substances Act, 21 U.S.C. 801 et seq.,

Medical 64

Medical Workers’ Compensation Insurance Carriers Government 64