What’s In and Out with Benefit Programs

November 30, 2018
When you offer benefits to your employees, you want to provide the type of benefits that will attract and keep valued employees.  However, benefits that once were popular can become less desirable. The Society for Human Resource Management (SHRM) and Forbes magazine conducted surveys to determine... Find out more »

ERISA Q&A: What You Need to Know

November 26, 2018
If you currently offer, or are planning to offer your employees retirement benefits, make sure you’re familiar with ERISA rules and regulations. As a plan sponsor, you must meet at least minimum ERISA standards. One way to ensure you are compliant is to work with a qualified benefits... Find out more »

Individual ACA Rates are Going Up, Up, Up – Here’s Why

Some areas could see rate increases up to 98 percent Next year may see health insurance premiums on the Affordable Care Act (ACA) Marketplace exchange increase 15 percent, although some states could see rates up to 98 percent higher. For instance, insurers in Maryland requested premium increases... Find out more »

Nine Ways to Save on Workers Comp Insurance

Your agent can help explain in more detail and show you how to get the best rates for the coverage you need. 1   Use Correct Job Classifications. There are 500 to 600 job classifications to choose from, and getting the best fit possible can mean getting the lowest rate possible. Sometimes... Find out more »

Keeping Up with Medicare Changes

Here’s what you need to know for 2019. Medicare Part A provides basic hospital insurance and is available at no charge to those who are 65 or older — if they paid Medicare taxes while working. For many, though, that amount of coverage is not enough. Some people want a Medicare supplement... Find out more »

Taking Away the Barriers in the Workforce to Improved Mental Health

Mental illness is a growing problem in this country and treatment options are sparse. Fortunately, as an employer, you can take steps to make it easier for your employees to seek help. The Problem The National Institute of Mental Health estimates that one in five American adults has suffered... Find out more »

Getting the Most Out of an HSA

Employers are increasingly relying on high-deductible health benefit plans to reduce premium costs. And while premiums are lower with a high-deductible health plan than a traditional insurance plan, employees have to cover more of their health care costs before the insurance company pays its... Find out more »

The 6 Warning Signs of a Fake Workers’ Comp Claim

Only a small percentage of workers' comp claims are fraudulent but letting them go undetected can cost a lot. In an offbeat incident of workers comp fraud in Minnesota, a woman was found out when she showed no signs of having been injured even though the police report she submitted to... Find out more »

Navigating DOL 401(k) Audit Red Flags

Think there’s no way your retirement plan might be audited? Think again. The Department of Labor (DOL) can select any size retirement plan for a random 401(k) audit. Your plan also could face an audit if it matches an Internal Revenue Service (IRS) dataset targeting certain types of plans or... Find out more »