Identity Theft and Your Options for Protection

Identity Theft and Your Options for Protection

The year 2022 witnessed a staggering 1.108 million reports of identity theft, marking an alarming surge in cybercrime. Fast forward to the first three quarters of 2023, and the numbers are no less unsettling — with 805,000 instances already reported. Shockingly, identity theft now ranks as the second-most common consumer complaint, constituting 19% of all […]
How Are Healthcare Premiums Set?

How Are Healthcare Premiums Set?

Under the Affordable Care Act, health insurance companies can account for only five things when setting healthcare premiums. Insurance companies use these factors to anticipate the cost to cover an individual with health insurance. Some people need more coverage than...
The Downlow on Disability Insurance.

The Downlow on Disability Insurance.

Imagine tomorrow you suffer an accident that keeps you from your job for an extended period.  How would you pay your bills?  What options do you have to protect your family from mounting medical bills with no income?  Enter, disability insurance. “More than 1 in 4 people will experience a serious medical condition or injury […]
What Is Spousal Language in Health Insurance Coverage?

What Is Spousal Language in Health Insurance Coverage?

Spousal language in health insurance coverage refers to restrictions on coverage for an employee’s spouse. These restrictions are designed to control healthcare costs. Spousal Language will typically come into play where an employer either will not cover a spouse, or the employer will charge a surcharge. This is for employees that have coverage available through […]
Men’s Health Week June 12-18th 2023

Men’s Health Week June 12-18th 2023

  Men’s Health Week is an annual event recognized in several countries including the USA. Usually, we celebrate the week leading up to Father’s Day aiming to raise awareness of the health issues that affect men and boys. Women tend to outlive their male counterparts. On average the American man will live to age 76 […]
Health Savings vs. Health Reimbursement

Health Savings vs. Health Reimbursement

  You know offering health care to your employees is important, but do you know which plan is the best one to offer? In the debate of health savings accounts vs. health reimbursement agreements, how do you know which is the best option for your business? The answer, of course, depends on your employee’s needs. […]
COBRA and Employer Options for Continuation Coverage

COBRA and Employer Options for Continuation Coverage

  COBRA requires employers with twenty or more employees who offer health insurance benefits to provide Continuation Coverage in the event that an employee experiences a qualifying event that leads to the termination of their health insurance benefits. Read on to learn more about what Continuation Coverage is and how employers can remain compliant under […]
The Health Insurance Industry’s Tragic Flaw

The Health Insurance Industry’s Tragic Flaw

  Most people mistakenly believe that insurance agents and brokers are the same thing. But the truth is, the significant difference between them highlights the health insurance industry’s tragic flaw. Read on to learn the difference between a health insurance agent and broker and the expensive impact those differences can have on you. The Health […]
Agents Bad Behavior

Agents Bad Behavior

Forced Insurance Renewal Did you know failure to deliver a timely insurance renewal can be purposeful? Insurance agents can use strategies to force you into renewal whether you want it or not. Often, insurance agents do this for their own benefit and performance gain. Insurance agents like these do not have your best interest in […]

10 Easy Ways to Stretch Your Health Care Dollars

  You’ve no doubt noticed that each year, your health care costs go up. This continuing trend can significantly impact your budget. While it’s difficult to control all the factors that contribute to rising health care costs, stretching your health care dollars is easier than you think with these 10 easy ways to get the […]

Summary of the 2020 Employer Health Benefits Annual Survey

Each year, the Kaiser Family Foundation conducts a survey to examine employer-sponsored health benefits trends. This document summarizes the main points of the 2020 survey and suggests how they could affect employers. Health Insurance Premiums In 2020, the average premium rose by 4% for both single coverage and family coverage. The average premiums were $7,470 […]

5 Strategies to Reduce Health Benefit Costs in 2021

  Health benefits costs are almost certainly going to rise in 2021. They’ve been trending upward for years—over 50% in the last decade, according to the Kaiser Family Foundation—and the current state of economic uncertainty over COVID-19 won’t slow things down. Realistically, after enduring months of business closures and managing exhausted workforces, many employers will […]