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Are Level Funded Health Plans Your New Benefits Alternative?

PeopleStrategy

They are a hybrid approach to providing healthcare coverage that combines elements of traditional fully-insured plans with those of self-funded plans. With a level funded plan, your business pays a fixed monthly amount (a level fee, similar to a premium) to an insurance carrier or third-party administrator.

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AssuredPartners Announces New Agency President

AssuredPartners

Derek specializes in Property & Casualty insurance with a focus on high-risk industries and complex worker’s compensation placements. He is active in several insurance carrier councils and regional industry associations/boards, including the National Utility Contractor Association (NUCA).

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Transparency: Machine-Readable File Requirement Goes Into Effect Today

AssuredPartners

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). MRF files are not intended to be a member-utilized resource.

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PUNC - Pilots, Use, Name Insured, Contracts

AssuredPartners

In a pilot’s world, use of acronyms as a type of checklist is commonplace as a backup to the numerous written checklists we utilize (Think GUMP / G as- U ndercarriage- M ixture- P rop). At AssuredPartners Aerospace, we also use an acronym as a risk management tool in insurance, much as it is in the cockpit. Want to know more?

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PUNC - Pilots, Use, Named Insured, Contracts

AssuredPartners

In a pilot’s world, use of acronyms as a type of checklist is commonplace as a backup to the numerous written checklists we utilize (Think GUMP / G as- U ndercarriage- M ixture- P rop). At AssuredPartners Aerospace, we also use an acronym as a risk management tool in insurance, much as it is in the cockpit. Want to know more?

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Paycheck Protection Program Loans & Insurance Audits

AssuredPartners

For those less fortunate companies, we often found they were utilizing the PPP funds they had received to pay their employees to essentially sit at home. Within the energy space, some divisions stayed busier than ever, while others were hard pressed to keep the doors open.

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Creating a Communication Strategy to Increase Benefits Literacy Among Your Employees

AssuredPartners

Utilize online tools to allow employees real time information at their fingertips. Each of these ideas are ways that AssuredPartners can help your organization start the new year off with increased education and utilization of employee benefits. Keep the information educational and light.