From the monthly archives: January 2015
Part of the Affordable Care Act is a provision that requires employers to either offer health insurance, or face a penalty (Penalty A). The employer mandate has been a topic that has been pushed back for many businesses. Now that 2015 is here, employers with over 50 full time equivalents (FTE) employees are subject to the “Employer Shared Responsibility” fee or payment. Continue reading
More often than not, effective management of disability insurance claims related to mental illness requires a specialized understanding of the comorbid relationships they share with physical medical conditions. Continue reading
If you’re concerned about online privacy, you’ve likely read a lot about what happens to the information you enter into sites like Facebook or Google. But now another website is generating privacy worries: Healthcare.gov. Continue reading
Most insurance companies like to reward good drivers. Let’s face it, being a good driver to an insurance company is like hitting the lottery; no at fault claims, just a nice monthly payment for them to bank… After all, car insurance is really just an insurance company taking a gamble on individuals driving skills. The carrier just hopes they don’t have to pay out big. Much like a Las Vegas casino tries to predict the over under in a football game… Continue reading
Healthcare benefits are a big part of any business, right? In fact, many candidates will specifically look at what your small business offers and even base their decisions to work for you upon your healthcare benefits. But, many small businesses struggle to offer healthcare benefits due to rising costs of group health insurance. Don’t worry, we’ve got a solution so you can offer healthcare benefits that say something about your small business: Premium reimbursement for individual health insurance.
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Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample insurance coverage is available for both commercial and residential projects, and pricing is stable with the exception of New York and a few other states where construction defect actions are prevalent. Continue reading
Insurance underwriting applies to almost every type of insurance. Underwriting is the process of classification, rating and selection of risks. The underwriter evaluates applications to determine the risk involved in deciding to accept, or reject, the application. If an application is accepted they then determine the appropriate premium. Continue reading
As a small business, you could probably use a few extra hands. But, in many cases, hiring more employees just simply isn’t an option. That leaves you with two options: let a few things slip through the cracks and hope they aren’t detrimental to your operations or find efficiencies in your day-to-day activities to make sure you’re able to accomplish everything that comes your way.
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