Pay or Play Penalties Have Increased. Is Your Business At Risk?
The Affordable Care Act has recently increased Pay or Play penalties for applicable large employers. This means any applicable large employer who does not offer affordable health coverage to full-time employees can be subject to increased penalties. Penalties that could equal hundreds of thousands of dollars.Some employers are unaware they are considered a large employer […]
Help Decrease Employee Burnout – Simplify Your Benefits This Renewal
We often think of burnout as an individual issue that can be solved by self-help techniques like yoga or mastering the ability to say “no.” However, burnout, a phenomenon recognized by the World Health Organization, is thought to be caused by unmanaged, chronic workplace stress. Managing employee burnout needs to occur from within the organization.Now, […]
2023 Renewals. How Inflation May Impact Your Future Outlook
Inflation continues to impact Americans across the country. Rising costs contribute to ongoing challenges for both employers and employees who are also fighting a tight labor market and higher interest rates. With renewal season fast approaching, businesses may have to move forward with limited budgets while competing to offer competitive compensation and comprehensive healthcare and […]
Don’t Wait For An Emergency. Start Strategizing Today.
An airline won’t enter the sky without being prepared and fully inspected first. You can be sure the pilot has been trained and the plane has been equipped with all necessary life-saving devices. Because no one wants to be responsible for sending an unprepared plane in the air should an emergency happen. Always be ready. Your […]
NextGen Strategies- If It Was Easy Everyone Would Be Doing It
NextGen strategies has become a buzzword in benefits. There are a lot of advisors talking about these strategies and a lot of employers are eager to hear about them. Yet, while these strategies do bring lower costs and better, higher quality care to plan members, we aren’t seeing these strategies come to fruition a lot […]
Case Study of Heartland Growers: The Kindest Thing You Can Do For Your Employees
Heartland Growers is a full-service wholesale greenhouse, a family owned and operated business that is considered one of the most modern greenhouse facilities in Indiana. Their efficient and automated growing facility stretches over thirty acres, offers a wide variety of plants and supports a large workforce. A workforce they consider to be one of their […]
Case Study of The Town of Plainfield: How Workplace Empathy Changed Their Benefits.
There are many different leadership styles in business today, but a quality that is becoming fundamental to the workplace is empathy. This has been especially true since Covid-19. When employees feel heard, understood, and appreciated by their employers they are eager to work, are happier, and genuinely enjoy being at their workplace. This helps to […]
Mental Health in Benefits: Not Just Lip Service
COVID brought a lot of changes to the workforce during its lengthy stay, from remote working to E-learning and even casual attire. But perhaps the most significant change is the sudden emphasis on the importance of mental health in employee benefits.Since the pandemic, we have had many clients come to us requesting that mental health […]
The Time is Now — Stop Taking the Easy Way Out
Family premiums have now reached around $2,000 a month. That’s 24k a year. On top of that families typically need to pay $6,000 to $10,000 deductibles. A tremendous amount of money that can leave many households struggling. We have reached a point where employers, advisors, and many others in the healthcare system need to recognize […]