3 minute read Drug abuse is costing U.S. employers some $81 billion annually due to employee illness, absences and lost productivity, and the problem has only gotten worse during the COVID-19 pandemic, according to a new study. The National Council on Alcoholism and Drug Dependence found that 70% of the estimated 14.8 million Americans who […]
Employee Drug Abuse Weighs on Employers Read More »
2 minute read As the light at the end of the pandemic tunnel gets brighter, more health insurers are ceasing to offer cost-sharing waivers for COVID-19 treatment. After legislation was enacted in 2020 that required health insurance companies to cover COVID-19 tests and vaccines, many insurers voluntarily waived all deductibles, copayments and other costs for
Health Plans Dropping Out-of-Pocket Cost Waivers for COVID-19 Treatment Read More »
3 minute read The majority of employee thefts are occurring in organizations with 500 employees or less and the median loss is $357,650, according to a report by Hiscox, a specialty insurer. The main types of theft are outright theft of cash and check fraud, with rogue employees writing checks to acquaintances and trying to
Employee Theft Hits Small Firms Hardest Read More »
3 minute read One of the main recommendations for employees with 401(k) plans is that they should contribute at least enough to their plan every paycheck to ensure they receive the maximum they can in their employer’s matching contributions. But a new study by Willis Towers Watson recommends that younger, healthier workers should divert savings
Put Money into an HSA instead of a 401(k) After Employer Matching: Report Read More »
As the number of cyber attacks against businesses continues to grow, insurers that provide cyber liability and other cyber-related coverage have started intensifying their scrutiny of their clients’ databases and operational security. When a business suffers a cyber attack it could result in fraudulent wire transfers or having its systems rendered frozen, which can be
What Cyber Insurance Underwriters Look For Read More »
2 minute read The recently enacted American Rescue Plan Act of 2021 includes a 100% COBRA subsidy for up to six months for employees laid off during the COVID-19 pandemic. The subsidy is in effect through September 30. Due to the short ramping up period, it’s imperative that employers who have laid off workers, or
100% COBRA Subsidy in Effect Through Sept. 30 Read More »
4 minute read The $1.9 trillion American Rescue Plan Act (ARPA) that President Biden signed into law on March 11 contains a number of provisions intended to help small businesses and other organizations hurt by the pandemic. Foremost, it includes additional Paycheck Protection Program (PPP) loans to struggling businesses, and a number of special grants
All of the Goodies for Businesses in the $1.9 Trillion Stimulus Act Read More »
3 minute read A new study has identified the top five health conditions that are driving the overall cost of group health plan outlays, and without which spending would actually be falling. The report is enlightening, and employers can use the findings to offer programs aimed at education and prevention to help control their employees’
The Top Five Health Conditions Driving Insurance Read More »
2.5 minute read COVID-19 workers’ compensation claims have not been as widespread as insurers and ratings agencies around the country had predicted when the pandemic first started in early 2020. Also, a large chunk of COVID-19 workers’ compensation claims filed by workers nationwide have been rejected, with insurers often citing lack of proof that the
Insurers Expected COVID-19 Workers’ Comp Surge; It Never Came Read More »
3 minute read While companies scramble to protect themselves against cyber criminals and malicious attacks on their servers, there is a growing amount of business compromise crime that uses both technology and a human touch to extract funds from businesses. Businesses have lost millions of dollars to social engineering scams, where attackers impersonate a company
Business Compromise Scams Continue Climbing Read More »
This is the face you make after a minor mishap with filming!
My introduction before Craig Lack is now long lost footage.
That’s show biz, right?!
The good news is that Craig is talking about the strategies we’re both using to help organizations liberate the dollars trapped in their health spend.
I’m available after you watch and learn to talk the nitty gritty – how it works, implementation, executive buy-in and employee adoption.
Happy Watching!
