Key Person Insurance Policy
Key person insurance is the life and disability insurance policy on an important employee on whom the successful operations of a business depends. The beneficiary of this policy is the business in question, and it is procured for business partners, proprietors or owners. Small businesses usually have only a few key employees, who are typically […]
Family and Individual Health Insurance Plan Options
Family and Individual Health Insurance Plan Options Choosing a health insurance plan usually comes down to a few important questions. Can you afford the monthly premium? Are your doctors in the plan’s network? Are your prescriptions covered? How much would you pay before insurance starts helping with larger medical bills? For individuals and families, the […]
Dental and Vision Insurance for Employers: Building a Stronger Benefits Package
Dental and Vision Insurance for Employers: Building a Stronger Benefits Package Dental and vision benefits are an important part of a well-rounded employee benefits package. While health insurance often gets the most attention, employees also value coverage that helps them manage routine dental care, eye exams, eyewear, and other everyday health needs. For employers, dental […]
Group Disability Insurance for Employers: Protecting Employees and Supporting Retention
Group Disability Insurance for Employers: Protecting Employees and Supporting Retention Employees rely on their income to support themselves and their families. When an illness, injury, or medical condition keeps someone from working, the financial impact can be immediate. Group disability insurance helps protect employees by replacing a portion of their income during a qualifying disability. […]
The Impact of the Affordable Care Act on Employers
Since its inception, the Affordable Care Act (ACA) has been subjected to debates. The main intention behind this act was to improve the overall healthcare system — make healthcare affordable, accessible and improve its quality. In its wake, organizations had to implement changes in their health plans that they offer to better healthcare provisions to […]
Medicare Basics
Health care coverage in the US is becoming a growing concern, not only for the working class but also for those close to retirement and who have retired. If you’re 65 or older and searching for a suitable health insurance plan, then chances are that you might have come across Medicare. Medicare is basically a […]
HRIS to Streamline Benefits
Whether or not to implement HRIS in the organizational landscape has become a challenging question for today’s employers to answer. This is pretty much because some think that this is just a fad while others believe that it is here to stay. If you too are not sure of whether or not to jump on […]
How to use HRAs to Save on Healthcare?
HRA is a good option to consider for employers in the US seeking affordable and beneficial healthcare plans for employees. Also known as a Health Reimbursement Arrangement or Account, HRA is basically an IRS approved, tax advantaged and employer funded health benefit plan that provides great benefits to both sides, the employee and the employer. […]
Basics in HSAs
Introduced in the year 2003 under the administration of President George Bush, HSA, also known as Health Savings Account, is primarily a tax exempt account that you set up to save and set aside money to pay for qualified healthcare/medical expenses. HSA Tax Breaks and Benefits Setting up this account offers investors with triple tax […]
Overcoming the Challenges of Transparency in Healthcare
Transparency in healthcare industry has become a major and growing concern for everyone. Physicians, payers and health organizations across the board are diligently working on strategies and methods to ensure and achieve healthcare transparency. Let’s take a closer look at what these professionals are doing to play their role in improving transparency in healthcare: § Physicians In […]
