Alera Group Insights

Perspectives from our thought leaders and experts across the country.

AREAS OF EXPERTISE

Employee Benefits

Wellbeing Fair Sessions — When and Where You Like

Themed “Live for Tomorrow,” Alera Group's 2024 Employee Wellbeing Fair is now available online, where you can access all eight sessions, select which ones you want to view and watch them at your convenience.

October 2, 2024

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Employee Benefits

Preparing for 2025: Creditable Coverage, Enrolling in Medicare and HSA Contributions

With significant changes coming in 2025 to creditable coverage determinations, employers and employees may have questions on what that means for them, whether they make the decision to enroll in Medicare Part D or continue to have coverage under their group health plan.

September 5, 2024

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Employee Benefits

Webinar: Better Benefits Administration and Lower Costs

If you don’t have expert assistance to guide you and your organization in the in using a sophisticated benefits portal, you’re wasting a lot of the money your business has invested — and probably frustrating the employees you mean to serve. Working with a brokerage that offers not only a leading-edge benefits portal but also year-round support and services enables your employees to seamlessly access, understand and navigate the portal, creating a positive benefits experience.

September 5, 2024

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Employee Benefits

Medicare Part D Creditability Determinations for Non-Calendar Year Plans

In 2003, the Medicare Prescription Drug, Improvement, and Modernization Act (MMA) added a voluntary prescription drug benefit to the Medicare program. The benefit, known as Medicare Part D or “Part D,” is an optional program for Medicare beneficiaries to access covered prescription drugs at a lower cost. In 2022, the Inflation Reduction Act (IRA) was signed and set into motion changes to Part D benefits, with additional impact on employers in 2024 and 2025.

September 5, 2024

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Property and Casualty

Workers’ Compensation: Stable market with emerging challenges from mental health claims

Despite pressure from medical inflation, increases in fee schedules on medical procedures and wage inflation affecting premiums and benefits, Workers’ Compensation remains a stable and profitable line for insurers. This stability allows buyers favorable conditions, such as ample capacity and stable rates. However, a new trend is emerging: the inclusion of mental health claims as compensable workers’ compensation.

August 28, 2024

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Employee Benefits

"Leave Report": An Innovative Resource for Informing Your Employee Benefits Plan Design

Based on a survey of more than 1,040 organizations across the U.S., Alera Group’s 2024 Healthcare and Employee Benefits Leave Report provides insights into how businesses of different sizes, industries and regions are addressing employee leave, including holidays, vacation time, sick leave and other paid leave for common life events.

August 8, 2024

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Employee Benefits

Q3 Considerations: Health & Welfare Short Plan Year Form 5500 Filing

It’s common for a plan sponsor to sometimes change their ERISA plan year.

August 6, 2024

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Employee Benefits

Spotlight: 2025 Changes to Medicare Part D

Effective January 1, 2025, Medicare Part D prescription drug benefits will be changing.

August 6, 2024

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Employee Benefits

Key Considerations for Employers of all Sizes: Leave of Absence Policies

Many employers recognize the importance of offering extended leave options to their employees, but there are many things to consider when creating these policies.

August 6, 2024

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