From the monthly archives: September 2016
Following years of declines, the percentage of employees in the combined U.S. workforce testing positive for drugs has steadily increased over the last three years to a 10-year high. Continue reading
Congress has advanced legislation to clarify that sports doctors’ medical malpractice insurance should follow them when they travel out of state with their teams.
The House of Representatives this week approved the Sports Medicine Licensure Clarity Act (US HR 921), which had 190 sponsors and was co-sponsored by Reps. Brett Guthrie (R-Ky) and Cedric Richmond (D-La). Continue reading
The U.S. Food and Drug Administration has a message for doctors: The money you’re taking from pharmaceutical companies may be clouding your judgment.
Research sites where Pfizer Inc. had paid doctors at least $25,000 in speaking, consulting or other fees reported sunnier results for its smoking-cessation drug Chantix, the FDA disclosed Monday. At those sites, doctors studying the drug’s possible link to suicide risk and other behavior changes reported fewer side effects than at locations where colleagues accepted lower or no payments. Continue reading
Well we have survived the first few weeks of back to school. Many children and parents may need to rethink safety when it comes to school time. Does your child walk to school, ride the bus, bike, or get dropped off? However your child gets to school, discussing back to school safety is a must. Continue reading
The rollout of autonomous vehicles over the next few decades could lead to a massive reduction in U.S. motor vehicle premiums in the coming years, Aon Benfield said in a new report.
Expectations are that “industry pure premiums” will drop 20 percent under their 2015 levels by 2035, even if the technology is adopted at just a moderate pace, Aon Benfield said. Assuming the same moderate trajectory, those premiums could plunge by more than 40 percent if full adoption of autonomous vehicles takes place, as expected, by 2050. Continue reading
PRIVATE flood insurance options are increasingly available in some states, but consumers should make sure they understand the fine print before choosing one over a federal policy.
Typical homeowner insurance policies do not cover flood damage; consumers must buy special coverage. Most residential flood policies are sold through the National Flood Insurance Program, administered by the Federal Emergency Management Agency. The program was created in 1968, when it was difficult for private companies to insure flood risk at rates homeowners could afford. Continue reading
A new study from The University of Texas at Dallas examined how financing constraints impact workplace safety and the implications for firm value and employee welfare. Dr. Malcolm Wardlaw, assistant professor of finance and managerial economics in the Naveen Jindal School of Management, recently published his findings in the Journal of Finance. Continue reading
many regulations that rolled out over the past few years since The Affordable Care Act was enacted may leave many businesses struggling to afford proper coverage and benefits for their employees. As an experienced broker I have found that the health insurance market has changed drastically over the years. Every health insurance carrier is unique on how they rate premiums for a corporation. Many companies have been faced with increased premiums, and may find themselves struggling to maintain the added cost. One of the most common solutions is to pass more of the increase onto the employees, which can cause many to feel let down by the benefits being offered to them for their devotion to the company. It is imperative to work with an educated and experienced broker in today’s group medical market. Continue reading
