Insights

Making the Business Case for an Insurance Captive

February 18, 2020

Most companies, including mid-sized organizations, tend to think of only one insurance model – pay an insurance company a premium for coverage and to help manage specific risks. This is a sunk... Read more »

Top 5 Workers’ Comp Fraud Schemes

February 14, 2020

According to the National Insurance Crime Bureau, fraud costs insurers and employers over $7 billion a year. Studies show 10 percent or more of all property/casualty insurance claims are fraudulent.... Read more »

How Life Insurance Works in Divorce Settlements

February 12, 2020

Of the two main types of life insurance, permanent and term, only permanent is usually a significant part of a divorce settlement. Permanent life insurance — whether whole life or universal... Read more »

Ways to Make Saving Easier for Your Employees

February 3, 2020

Employees know they should save for retirement, but it’s not always easy. Many worry they don’t have enough money to put into retirement savings because they’re having difficulties... Read more »

Key Elements of a Good Health Benefit Plan for Small Companies

January 31, 2020

The cost of providing health insurance for employees and their families is expected to be five percent higher this year than in 2019. The National Business Group on Health estimates that the... Read more »

Basic Steps to Avoid Discrimination in the Workplace

January 27, 2020

Workplace discrimination takes many forms, but sound policies and procedures can reduce the occurrences. The U.S. Equal Employment Opportunity Commission (EEOC) reported that in 2018 it resolved... Read more »

Rules and Exceptions When Providing Benefits to Same Sex Couples

January 13, 2020

Employers who offer benefits to spouses must also offer them to same-sex couples though there are exceptions. The U.S. Supreme Court ruled in 2015 that the rights of same-sex couples are protected... Read more »

New Hardship Distribution Rules for Retirement Plans

January 8, 2020

The Internal Revenue Service (IRS) has made it easier for employees to make withdrawals from their retirement plans during the time of hardship. The IRS also made it easier for employees to rebuild... Read more »

Dental Insurance Promotes Overall Health

January 2, 2020

Providing employees the opportunity to purchase dental insurance is not enough. Employee education is an important element when you offer voluntary benefits. A 2019 survey by the National... Read more »

6 Workers Compensation Regulation Trends to Watch in 2020

December 17, 2019

The expansion of presumption laws is just one of the predictions made by speakers at a recent workers’ comp conference. Medical billing fraud, presumption laws, drug formularies, medical... Read more »