WHAT'S IN THE NEWS?

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TOP 10 WAYS TO CONTROL YOUR MOD

Posted on December 8, 2017 | News to Know

BY CONNER INSURANCE   Your experience modification factor, or mod, is an important component used in calculating your workers’ compensation premium. If you can control your mod, you can lower your price — so we’ve gathered top tips to help you impact your bottom line. Investigate accidents immediately and thoroughly; take corrective action to eliminate…
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WHAT HAPPENS IF AN EMPLOYEE MISSES OPEN ENROLLMENT?

Posted on December 8, 2017 | News to Know

BY CONNER INSURANCE   Open enrollment can be an extremely stressful and overwhelming time for both you and your employees. It is typically the only time during the year in which employees can make changes to their benefits choices, such as adding or dropping coverage, adding or dropping dependents, or enrolling in benefits for the…
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DOL DELAYS NEW RULES FOR DISABILITY CLAIMS

Posted on December 8, 2017 | News to Know

BY CONNER INSURANCE   OVERVIEW On Dec. 16, 2016, the Department of Labor (DOL) released a final rule to strengthen the claims and appeals requirements for plans that provide disability benefits and are subject to the Employee Retirement Income Security Act (ERISA). The final rule was scheduled to apply to claims that are filed on…
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IRS prepares to issue ACA employer responsibility penalties

Posted on December 6, 2017 | News to Know

BY STEPHANIE GRANT, NORBERT KUGELE, AND KENT SPARKS   At long last, it looks as though the IRS is finally gearing up to assess Affordable Care Act penalties based on 2015 employer responsibility reporting (1094-C and 1095-C forms). If your organization receives an assessment notice, you’ll want to scrutinize it carefully, as there may be…
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UPDATE: CVS buying Aetna for $67B, shaking up health care industry

Posted on December 6, 2017 | News to Know

BY BLOOMBERG NEWS   CVS Health Corp. plans to buy Aetna Inc. for about $67.5 billion, creating a health-care giant that will have a hand in everything from insurance to the corner drugstore. CVS will pay $207 a share for Aetna, with $145 a share in cash and the rest in stock, the companies said…
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Simple workplaces drive employee retention and productivity

Posted on December 6, 2017 | News to Know

BY BLOOMBERG NEWS   Oftentimes less is more — including in the workplace, according to Siegel+Gale’s study, “Simplicity at work.” “Simpler workplaces — those where employees easily get their work done and feel productive and fulfilled doing so — engender more advocacy, innovation and retention,” the brand strategy firm writes in its report. However, 30…
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IRS REVERSES POLICY ON CERTIFYING INDIVIDUAL MANDATE COMPLIANCE

Posted on October 26, 2017 | News to Know

BY CONNER INSURANCE OVERVIEW On Oct. 13, 2017, the Internal Revenue Service (IRS) reversed a recent policy change in how it monitors compliance with the Affordable Care Act’s (ACA) individual mandate. For the upcoming 2018 filing season (filing 2017 tax returns): The IRS‎ will not accept electronically filed tax returns where the taxpayer does not certify…
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WHITE HOUSE ANNOUNCES ACA SUBSIDIES WILL END

Posted on October 26, 2017 | News to Know

BY CONNER INSURANCE OVERVIEW On Oct. 12, 2017, the White House announced that it will no longer reimburse insurers for cost-sharing reductions made available to low-income individuals through the Exchanges under the Affordable Care Act (ACA), effective immediately. Because Congress did not pass an appropriation for this expense, the Trump administration has taken the position that…
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Few employees ‘unplugging’ on vacation

Posted on October 26, 2017 | News to Know

BY KATIE KUEHNER-HEBERT   Vacation is supposed to be about leaving the cares of office behind so that one can replenish one’s spirit – but millions of Americans just can’t stop from staying plugged in, according to Project: Time Off’s report, The Tethered Vacation. “Technology has permanently changed the American workplace — and there is no turning back,” the…
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Trump moving ‘step by step’ to take apart Obamacare on his own

Posted on October 26, 2017 | News to Know

BY BLOOMBERG NEWS   President Donald Trump said he is moving “step by step” on his own to remake the U.S. health care system because Congress won’t act on his demand to repeal Obamacare. The Trump administration took its most drastic measure yet to roll back the Affordable Care Act Thursday evening, announcing it would cut…
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Voluntary pet insurance on an upward trajectory

Posted on October 26, 2017 | News to Know

BY RICHARD STOLZ Employees with pets are happy employees — data shows that pet ownership reduces stress levels and the risk of heart attacks and lowers blood pressure and cholesterol levels — and employees who don’t have to worry about coming up with money to pay for their furry friends’ often-costly medical bills are happier…
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Key trends driving America’s healthiest employers

Posted on October 26, 2017 | News to Know

BY KATIE KUEHNER-HEBERT   Wellnext, OrthoCarolina and Humana are the cream of the crop in Springbuk’s “The 100 Healthiest Employers in America” – companies that have achieved success in improving the health of their employees through wellness programs. “We’ve hit an inflection point, with more employers than ever seeking out smart wellness solutions,” writes Phil Daniels,…
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Conner Insurance Named One of the Healthiest Employers in America for the Fourth Consecutive Year

Posted on September 21, 2017 | News to Know

  Conner Insurance has been honored by Healthiest Employers for their commitment to employee health, with exceptional corporate wellness programming. Award applicants were evaluated across six key categories: Culture and Leadership, Foundational Components, Strategic Planning, Communication and Marketing, Programming and Interventions, and Reporting and Analysis. Completed assessments were ranked with the proprietary Healthiest Employer Index,…
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How staying fixated on clients improves your business and culture

Posted on September 12, 2017 | News to Know

BY CONNER INSURANCE     The practice of creating positive client relationships is necessary for any successful business. However, there’s a balance that organizations must achieve between the time and effort spent on internal initiatives vs. external client focus. After all, creating a positive company culture that is likely to attract and retain top talent within…
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Controlling Workers’ Comp Costs—and Your Bottom Line

Posted on July 26, 2017 | News to Know

BY CONNER INSURANCE     Workers’ compensation costs can make or break your bottom line. But control over these costs is more attainable than you may think if you understand your experience modification factor and its effect on your insurance premium.   Use Your Mod Factor The key to controlling your workers’ compensation costs is understanding…
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