Altiqe Professional Services

Lawsuiits

Workplace Class-Action Lawsuits Are Spiking

2 minute read Class-action lawsuits by workers against employers have risen dramatically during the COVID-19 pandemic and settlement amounts have hit record levels, a trend that is likely to continue in 2022, according to a new report. The report by law firm Seyfarth Shaw, LLP highlights the biggest litigation threats employers face in these unprecedented […]

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What You Need to Know About COVID Test Kit Rules for Group Health Plans

2.5 minute read Starting Jan. 15, the nation’s health insurers have been required to cover the cost of up to eight at-home rapid COVID-19 tests per month for their health plan enrollees. Insurers are taking different approaches to the mandate and, as an employer, you should communicate with your covered staff about this new benefit,

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trade secret theft

Employees Responsible for 85% of Trade Secret Theft

3 minute read Trade secret theft by employees is a serious and growing problem in the U.S. According to an analysis of federal court cases, 85% of such theft is committed by employees or business partners. Lately, companies have been focusing on high value, high-tech cyber attacks by outsiders that breach databases, but threats from

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Pandemic Spurs Supplemental Benefits Uptake Among Workers

2.5 minute read A new study has found that in response to the COVID-19 pandemic nearly half of U.S. workers added one new supplemental health-related benefit on top of their group health coverage. The 2021 “Aflac WorkForces Report” found that 44% of employees bought one additional benefit, with life insurance policies seeing the biggest uptake.

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Commercial Insurance Rate Hikes to Continue in 2022

3 minute read Rates for most commercial lines of insurance are likely to continue rising going into 2022, as claims costs mount across the board. A new report from Marketscout notes that rate increases have accelerated across all major lines, but have been most pronounced in liability coverages. The composite rate for commercial insurance pricing

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COVID-19 Home Test Kits Reimbursable under FSAs, HSAs

1 minute read Under new guidance issued by the IRS, at-home COVID-19 testing kits will be considered a reimbursable medical expense under the three main health care savings vehicles offered to employees. This new guidance adds to the list of personal COVID-19-related expenses for which employees can seek reimbursement under: Health savings accounts Health reimbursement

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unsafe

COVID-19 Drives Surge in Employment Practices Claims

3 minute read Employers are being hit with a wave of COVID-19-related employment lawsuits, which is starting to have an effect on employment practices liability insurance (EPLI) rates and coverages. A tally by the law firm of Fisher Phillips found that as of August 2021 there had been 2,950 COVID-19-related employment lawsuits filed in the

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If you are fully insured for your employee benefits, this article is for YOU.

50 second read Data comes at you from every direction, right? There are so many numbers and statistics out in today’s market that make up our world; but if our health benefits are fully insured… well, not so much, right? Every year, you get blindsided with a bill that makes no sense… and there’s nothing

If you are fully insured for your employee benefits, this article is for YOU. Read More »

COVID-19 coronavirus vaccine

Employers Mull Higher Health Plan Cost-Sharing for Unvaccinated Staff

2 minute read Some employers are implementing a new incentive for their workers to get vaccinated against COVID-19: Charging them higher health insurance premiums if they don’t. A recent brief from consulting firm Mercer reported that employers are looking at surcharging the health insurance premiums for employees who refuse vaccination for reasons other than disability

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