Wave of the Future: Value-Based Care

September 20, 2018
The practice of insurers paying fee for services to physicians and hospitals is going the way of the dinosaurs. Look for value-based care to replace the current payment model. With the fee for service approach, insurers pay medical providers based on the amount of health care services they... Find out more »

How to Plan for Life’s What-Ifs – with Long-Term Disability Insurance

September 16, 2018
Few people can imagine a day when they will be too ill or injured to work. Unfortunately, it’s not that uncommon. According to the Council for Disability Awareness, more than one in four of today’s 20-year-olds can expect to be out of work for at least a year because of a disabling condition... Find out more »

10 Tips for Processing Your Insurance Claim

September 14, 2018
Category 3 Hurricane Florence is set to hit the Carolinas within the next two days, with Federal Emergency Management Agency Associate Administrator Jeff Byard calling it “a Mike Tyson punch to the Carolina coast”. Real estate data provider CoreLogic estimates that the hurricane could cost more... Find out more »

3 Tips for a Successful Business Interruption Claim

With Hurricane Florence hitting the Carolinas, property damage and protection is a key concern for many people. Real estate data provider CoreLogic estimates that the hurricane could cost more than $170 billion in property damage. If property damage results in the suspension of your... Find out more »

HSAs – Good for More Than Just Paying Medical Expenses

September 9, 2018
Your employees can enjoy the benefit of paying their long-term-care insurance premiums tax-free — if you offer a Health Savings Account (HSA). Funded with employees’ pre-tax dollars, HSAs are not subject to taxes when withdrawn for qualified medical expenses. Employers can only offer HSAs... Find out more »

The Future of Insuring against Disaster

September 5, 2018
Most companies aren’t insured for natural disaster and federal disaster relief is often too little and too late. Even though the cost of natural disasters in 2017 was approximately $300 billion in the U.S., less than half — $130 billion — was insured, according to research by Swiss Re. The... Find out more »

New Ways to Keep Health Care Benefit Costs Down

September 4, 2018
After salaries, Health care benefits are an employer’s largest employee-related expense, according to the Bureau of Labor Statistics. A 2016 survey by the Society for Human Resource Management (SHRM) pegged the annual cost in 2016 at $8,669 for each employee. At the same time, employers are... Find out more »