Education Blog

Preventing Workplace Harassment Claims

With all the recent attention devoted to instances of sexual harassment in Hollywood, Washington and elsewhere, and the corresponding #metoo movement, employers are rightfully concerned about workplace harassment and its potential liability. A single claim can have major repercussions for an employer, and even in a best-case scenario will consume large amounts of time and…

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New Year, New Changes

As always, the turning of that last page on the calendar brings legislative changes to the worlds of benefits and compliance. Here’s a look at highlights of the changes thus far for 2018: Minimum Wage Changes in Many States While the federal minimum wage rate remains at $7.25 per hour, some 20 states have adopted…

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Wait – that accident wasn’t my fault! Know your rights as a claimant.

If you have an auto accident where you are at fault, your insurer covers the damages under the terms of their contract with you, and that coverage is subject to the terms and conditions of that contract. However, what many people do not understand is how that scenario changes when the other driver’s insurance is…

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Employee Benefit Plan Limits for 2018

Many employee benefits are subject to annual dollar limits, periodically updated by the IRS to allow for inflation. These include high deductible health plans (HDHPs), health savings accounts (HSAs), health flexible spending accounts (FSAs), 401(k) plans and transportation fringe benefit plans. Here’s a look at what’s changing – and what’s not – next year: The…

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The Executive Order on ACA Rules – What Does It Mean?

On October 12, President Trump signed an executive order intended to change certain rules under the Affordable Care Act (ACA). The order is intended to relax regulations on association health plans, allowing individuals and small businesses to purchase health insurance policies across state lines and avoid certain ACA requirements. The ostensible effect of the order…

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Medicare Part D – Creditable Coverage

As in previous years, employers sponsoring a group health plan with prescription drug benefits must notify their Medicare-eligible employees as to whether the drug coverage provided is “creditable” or “non-creditable.” Here are the details: The term “creditable” means equal or better coverage than that provided under Medicare Part D. Medicare Part D imposes a higher…

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Back to School – The Consolidated Team’s 2017 Designations

In a recent post we discussed the continuing industry education of the professionals here at Consolidated (read it here). We know that our industry is always changing, and as a group we’re continually striving to stay ahead of the curve by attaining certifications that help us to better serve our clients. So we’re especially proud…

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Go Canada: Does Your Insurance Cover You North of the Border?

If you’re planning to travel to Canada by car, you might wonder whether your standard auto policy will apply there. And if you’ve looked around on the internet for the answer, you might be even more confused by the outdated and contradictory information. Here are some answers. For the most part, a reciprocal arrangement between…

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Pardon the Interruption

Just about every business owner has taken steps to protect themselves against losses like fire or water damage. But what if one of those happened to a key supplier or partner? Could your business – and its reputation – withstand a suspension of operations? That’s why there’s Business Interruption Coverage.  Please view the attached video for some…

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Still the Law of the Land: ACA Penalties Remain In Effect

On January 20, 2017, President Trump signed an executive order intended to “minimize the unwarranted economic and regulatory burdens” of the ACA until the law can be repealed, and eventually replaced. This action led many business owners to wonder whether the penalties imposed by the ACA are still in effect given the language of the…

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