Many business owners may be good at running their companies, but the majority of them are failing to address essential long-term planning that is critical to sustaining their businesses. The one area that the majority of business owners often neglect is planning for business continuity if they die or become disabled, according to the “MassMutual […]
Don’t Get Caught without a Business Succession Plan Read More »
Despite the ongoing COVID-19 pandemic, commercial insurance rates are continuing to move higher, pretty much across the board with the exception of workers’ compensation. A new report by online insurance exchange MarketScout found that in the third quarter of the year the highest rate increases were in liability lines, but hefty rises in property insurance
Commercial Insurance Rates Continue Climbing Read More »
The Trump Administration has issued a new rule that will require greater price transparency on the part of health insurers, including the rates charged by in-network physicians and copays and costs of drugs. The final rule requires health plans and health insurers to disclose on a public website their in-network negotiated rates, billed charges and
New Rule Requires Greater Health Transparency Read More »
One of the hallmarks of the holiday season is the company Christmas party, but with the COVID-19 pandemic in hyperdrive, many companies are rethinking their plans. A number of businesses have cancelled their parties altogether, but other managers feel that in light of this very difficult year for many people, a company Christmas party might
What Companies are Doing for Holiday Parties During Pandemic Read More »
As health insurance costs rise and our workforce ages, fewer employers are providing retiree health insurance benefits to their older workers, and are instead asking them to sign up for Medicare. It’s a delicate situation as some older workers may resent being pushed to Medicare, especially if they’ve worked for their employer a long time.
Helping Your Older Workers Transition to Medicare Read More »
Employees are your most valuable assets, but many businesses overlook the importance of having a workplace safety program in place to protect them. Loss control is about employers caring for their workers’ safety. Successful loss control programs are means of reducing injuries and the severity of a potential accident. If you want to reduce the
Injury and Illness Prevention Plans Save You Money, Period! Read More »
U.S. employers are expecting their group health insurance costs to climb 4.4% in 2021, despite the ravages of pandemic and a likely uptick in health care usage next year, according to a new survey. The expected rate increases are on par with much of the last few years, when insurance premium inflation has hovered between
Uncertainty Weighs on Group Plan Cost Expectations Read More »
Somethings don’t change. I did this interview with Mabel …. everything I said is still true… Taking on your Rx Spend is the FASTEST way to start controlling your spend. Access to care – high quality, price accessible – is the backbone of your plan and the second best way to control your costs. Find
Timeless Principals Read More »
The federal Department of Labor has proposed a regulation that would make it easier for employers to classify workers as independent contractors. The regulation would use an “economic reality” test to determine a worker’s status. This means that if worker is an employee of a hiring entity “as a matter of economic reality, the individual
Proposed Rule Makes Independent Contractor Classification Easier Read More »
With large employers expecting health insurance rates to climb 5.3% in 2021, they are concerned about how the COVID-19 pandemic will affect overall health care costs in the coming years, a new survey has found. Those expectations gleaned from the survey by the National Business Group on Health would mean average premiums and out-of-pocket spending
Pandemic Clouds Health Insurance Cost Predictions 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!
