Insperity

JANUARY 24, 2023

If employees can better manage their health and avoid using urgent care centers and ERs unless necessary, it can help businesses better control benefits costs. 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.

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 85

Insurance Carriers Insurance Hospitality Consulting 85

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 80

Disability Insurance Insurance Carriers Insurance Deductions 80

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. She’s the author of two books: “ From Workers Comp Claimant to Valued Employee ” and “The Injury Management Challenge.”. 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

WEX Inc.

JANUARY 11, 2023

And, if your business manages COBRA administration in-house, then your human resources team is carrying additional healthcare responsibilities and risk. Submit carrier eligibility to insurance carriers. Choosing a third party to manage your COBRA lets you provide the best experience. Collect premium payments.

Insurance Carriers 52

Insurance Carriers Human Resources Taxes Benefits Package 52

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

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

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

Higginbotham

JANUARY 11, 2022

Plans and issuers must cover the costs of COVID-19 tests during the COVID-19 public health emergency without imposing any cost-sharing requirements, prior authorization, or other medical management requirements. Employer Takeaway. Employers with fully-insured plans should expect their insurance carrier to handle these requirements.

Insurance Carriers 52

Insurance Carriers Health Insurance Insurance Medical 52

Business Management Daily

FEBRUARY 26, 2020

When the injury isn’t permanent and the employee is expected to resume work, employers need to set parameters for returning. Include a supervisor and HR staff member as well as an insurance carrier representative. Some carriers prefer an almost indefinite light-duty placement. However, other conditions apply.

Insurance Carriers 52

Insurance Carriers Workers’ Compensation Medical Insurance 52

Business Management Daily

MAY 5, 2021

To date, about 10,000 employer-focused lawsuits have been filed — with more coming every day. While many of these cases are still pending, each lawsuit offers important lessons for employers who want to avoid being the next target. Fortunately for employers, workers’ comp claims are the exclusive remedy for workers.

Family and Medical Leave Act 98

Family and Medical Leave Act Workers’ Compensation Insurance Carriers Paid Leave 98

Assurance Agency

APRIL 12, 2023

How important is Ben Admin Most employers with at least 250 employees have a ben admin system.

Technology 52

Technology IT Insurance Carriers Deductions 52

McNees

MAY 21, 2021

The Notice addresses eligibility, reduction in hours, involuntary termination of employment, coverage eligible for premium assistance, beginning and end of the premium assistance period, extended elections, calculation of the premium assistance credit and other common questions. The bad news is the plethora of questions.

Insurance Carriers 40

Insurance Carriers Insurance Medical Employee Benefits 40

Insperity

JUNE 11, 2014

As employment laws, tax laws and health care reform continue to change at a rapid pace, it can be difficult for business owners to keep up. If you are weighing the option of outsourcing human resource (HR) duties through a co-employment relationship, here are eight important things to consider when selecting a PEO: 1.

Professional Employer Organization 56

Professional Employer Organization Employment Insurance Carriers Insurance 56

Genesis HR Solutions

APRIL 23, 2019

We’ll also discuss how partnering with Genesis HR’s Professional Employer Organization (PEO) may be the best way to ensure quality health insurance coverage for your employees. Puzzled by small business health insurance in Massachusetts? What are my requirements as an employer regarding health insurance coverage?

Health Insurance 40

Health Insurance Insurance Insurance Carriers Healthcare 40

Assurance Agency

AUGUST 20, 2021

Identifying and managing key predictors can help a company mitigate claim exposures. Knowing the barriers an employee may be facing, allows carriers and or employers to provide assistance in bridging the care gap. Our claims advisors can be a resource to you for ways to mitigate or manage your claims, contact us.

Insurance Carriers 40

Insurance Carriers Transportation Insurance Utilities 40

Business Management Daily

AUGUST 16, 2021

Most employment contracts have an at-will clause meaning you can terminate a position at any time for any legal reason. Before you consider terminating an employee , be sure to review the details with an employment lawyer to ensure you’re not violating their rights related to taking leave. Employer Paid-Time Off Policies.

Family and Medical Leave Act 84

Family and Medical Leave Act Medical Disability Insurance Paid Sick Leave 84

Assurance Agency

APRIL 12, 2023

How important is Ben Admin Most employers with at least 250 employees have a ben admin system.

Technology 40

Technology IT Insurance Carriers Deductions 40

Corporate Synergies

AUGUST 27, 2018

Choosing the right PBM help manages drug utilization. Choosing the right PBM (pharmacy benefit manager) can keep your members happy and your program costs under control. Choosing the right PBM (pharmacy benefit manager) can keep your members happy and your program costs under control. PBM Bundled with Carrier. As Seen In.

Insurance Carriers 40

Insurance Carriers Health and Welfare Medical Utilities 40

Fringe Benefit Analysts

MAY 8, 2022

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. They will also navigate employers and employees through the layered and complicated task of implementing such plans to reduce complications or errors.

Consulting 52

Consulting Employee Benefits Benefits Package Health Insurance 52

Corporate Synergies

FEBRUARY 18, 2019

Annual health insurance carrier negotiations doesn’t have to be a contact sport. During carrier negotiations, employers naturally seek the lowest rate increase, while carriers typically propose a high increase. and Luciano Franco | Director of Underwriting. As Seen In.

Insurance Carriers 40

Insurance Carriers Utilities Health Insurance Insurance 40

Insperity

FEBRUARY 14, 2011

Organizations need to learn to manage workers’ compensation claims. Organizations with organized claims and disability management programs have lower rates of lost work time, reduced costs, and less attorney involvement in their workers’ compensation claims. Claims management. Why is this important?

Workers’ Compensation 40

Workers’ Compensation Insurance Carriers Management Medical 40

Higginbotham

JUNE 7, 2022

Employer Takeaway. Most employers have already been contacted by their carrier or third-party administrator (TPA) and will rely on their insurance carriers or TPAs to provide the MRFs. Still, these employers remain legally liable for compliance under the TiC Final Rules. Employer Takeaway.

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

Corporate Synergies

FEBRUARY 11, 2019

Employers can help make the process a little easier with the right communication tools. Insurance will often cover routine appointments and tests, such as blood tests, basic genetic screenings, ultrasounds, a glucose test and stress test. After a baby is born, they’re not automatically added to health insurance.

Health Insurance 47

Health Insurance Insurance Insurance Carriers Out of Pocket Cost 47

Insperity

FEBRUARY 12, 2019

This strong return may explain why many states, like California, require employers to have a written safety program. Your workers’ compensation insurance carrier – Many carriers provide fee-inclusive safety consultation services to their customers. And remember, a safety program has to be more than the document.

Workers’ Compensation 80

Workers’ Compensation Insurance Carriers Professional Employer Organization Consulting 80

Higginbotham

DECEMBER 15, 2022

This type of gap is common with medical malpractice claims, but it can also happen in situations covered by other types of policies, such as professional liability, employment practices liability, and directors and officers liability insurance. How would you handle a lawsuit without insurance coverage?

Insurance 52

Insurance Insurance Carriers Medical Retirement Plan 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? And the importance of providing high-quality health insurance doesn’t wane when you’ve found the right employee.

Health Insurance 52

Health Insurance Insurance 401(k) Insurance Carriers 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. To cut health plan costs, many employers are moving toward a self-funded plan that provides transparency into claims data. As Seen In. More on that in a minute.

Healthcare 40

Healthcare Out of Pocket Cost Insurance Carriers Health Insurance 40

Genesis HR Solutions

AUGUST 19, 2020

Like almost every other industry, professional employer organizations (PEOs) have been forced by the global pandemic to ask themselves this question. Get an in-depth look at professional employer organizations and why you should consider partnering with one. “What is our industry’s new normal?” Click To Tweet. million to 3.7

Work From Home 52

Work From Home Professional Employer Organization Insurance Carriers Human Resources 52

Genesis HR Solutions

JANUARY 28, 2019

As a small business owner or manager, I’m guessing that’s no short list; after all, being responsible for not only your own livelihood but for the livelihoods of your employees is a huge task. Outside of salaries and payroll, it’s the biggest cost center for most companies—it’s no wonder health insurance stays on your mind.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Professional Employer Organization 40

Corporate Synergies

JULY 9, 2018

Health insurance industry consolidation hasn’t been good for healthcare consumers or employers. For example, multi-state employers’ health insurance options are typically limited to the four major national carriers: Blue Cross Blue Shield, United Healthcare, Cigna and Aetna. It depends on your point of view.

Healthcare 40

Healthcare Insurance Health Insurance Insurance Carriers 40

AssuredPartners

OCTOBER 15, 2018

The CGL has sweeping exclusions for anything employment-related. Not only will the unmodified CGL policy defend volunteers, under Coverage C – Medical Payments2 all Insureds are excluded from having their accidental bodily injury expenses paid for "},{"attributes":{"italic":true,"bold":true},"insert":"except volunteer workers"},{"insert":".

Insurance Carriers 40

Insurance Carriers Workers’ Compensation Medical Insurance 40

Corporate Synergies

JULY 22, 2019

Adopting an urgent care first mentality can help employees and employers control healthcare costs. But these centers could also help employers minimize expensive emergency room (ER) claims. The cost to the employer (and often the employee) is often far less than the ER. As Seen In. Urgent care can be good medicine.

Employee Benefits 40

Employee Benefits Insurance Carriers Healthcare Health Savings Account 40

Corporate Synergies

APRIL 15, 2019

Unfortunately, many organizations do not have a clear path or a long-term strategy to effectively manage their program. Finance, on the other hand, is charged with managing to a budget by controlling expenses to mitigate year-over-year increases. Additionally, your benefits program is a key recruiting and retention tool for employees.

Voluntary Benefits 46

Voluntary Benefits Insurance Carriers Finance Health Savings Account 46

Genesis HR Solutions

AUGUST 13, 2019

When seeking health insurance on your own , you’ll have to purchase health insurance through a broker, a health insurance carrier, or the open market (called different things in different states). You’ll gain peace of mind that’s difficult to find when it comes to managing health insurance.

Health Insurance 40

Health Insurance 401(k) Insurance Insurance Carriers 40

Insperity

JULY 26, 2016

Are you uncertain about how to find the most suitable professional employer organization (PEO) for your company? If your company does business in states that have many or complex employment laws, such as California, Massachusetts and New York, it may be beneficial for the PEO you select to be well-versed in the laws of those states.

Insurance Carriers 50

Insurance Carriers Professional Employer Organization Insurance Government 50