Tuesday, June 9, 2015
“We were out of options,” City Manager Jeff Emory said. “I’ve been a city manager for 27 years, and (dealing with) the costs of health care is probably the biggest challenge I’ve ever faced.”
Read more here: http://www.charlotteobserver.com/news/local/article23411439.html#storylink=cpy
Wednesday, March 18, 2015
|"The Growing Problem of Identity Theft"|
Anthem's 80 Million records and now Premera, which provides health insurance to residents of Washington state and Alaska, adds 11 million more exposed records. It's a crazy crazy world out there, and it's only going to get worse.
Medical identity theft is the number one thing we as a nation should be concerned with; it has financial implications and could even kill you!
Click here for a way to monitor and restore your true identity if you are compromised.
Tuesday, January 6, 2015
Many in the benefits industry are saying that wellness doesn't end up saving money on health insurance premiums, and they are right, in many cases. But wellness programs done right, with employer buy-in, employee buy-in, and a healthy dose of fun can make a big impact in the employees lives at the very least. Whether or not health care premiums or utilization rates and dollars are impacted is debatable, but making the employees happy and healthy has intangible benefits that are no less important. One city in Colorado implemented different contests throughout the year, worked with their parks dept, and partnered with the local hospital to work on wellness on all fronts.
Monday, December 29, 2014
|"This is crazy, this is crazy, this is crazy!"|
What if you could help your employees feel like they weren't desperate when an unexpected injury happens? What if you could help your employees make sure they had money coming in to pay their mortgage, their power bill, and put food on the table.
Voluntary Short Term Disability and Accident Insurance provides these benefits whether employer or employee paid.
For a great read on the statistics check out this article on SmallBizTrends.
Wednesday, November 5, 2014
Number 1 - Expense Account Fraud
Number 2 - Check Tampering
Number 3 - Payroll Schemes
Number 4 - False Billing and Vendor Invoices
All of these are ways that unscrupulous employees can take advantage of a trusting boss. With LegalShield for Small Business plans, you can have access to an Attorney for a flat monthly rate to deal with these and other problems that crop up. LegalShield also offers the best Identity Theft AND Restoration around.
The full article can be found HERE.
Thursday, October 9, 2014
- Section 6055 and Section 6056 will help determine who gets subsidies or not.
- The 5500 report is changing. The rules are different for under 100 lives, which is who I deal with often.
- Traditional Reinsurance Tax - for Self Funded payers they are responsible for this fee instead of the insurance carrier. Allied, Assurant, and others help with this requirement.
- PCORI Fees - Again this fee is built into some plans, but not others. You need to be in the know; it's increasing next year, and then will be tied to inflation.
- Health Plan ID Requirement - Small Businesses (under $5 million in claims) have until November of 2015 to comply.
For the full article CLICK HERE.
If you have any questions about this or any other Self Funding issue - EMAIL ME.
Thursday, September 25, 2014
What they didn't know was that if your policies aren't properly communicated to an employee you are liable to legal action.
The employee had health problems, notified them that she needed time off under FMLA. FedEx had no problem with this. They asked her to fill out paperwork and provide some medical proof of illness. She didn't return the paperwork, and was ultimately terminated.
The fault came in when FedEx did not clearly lay out their policies if she, or any other employee didn't comply. So her day in court came, and she won a wrongful termination suit. HR is getting trickier and trickier these days; you need backup from outsourced payroll and HR experts. You also need help communicating with employees. Be warned.
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