Health Insurance
Are Your Employees Satisfied With Their Benefits?
A recent study from Metlife found that an increasing number of employees feel they are not receiving the benefits they need from employers. Employee satisfaction with benefit offerings has fallen to 61% in 2023 from 64% in 2022, reaching its lowest point in the past decade of the study’s history. One significant reason for this…
Read MoreCovered on Campus – Protecting Your College Student!
It’s the time of year when we start sending our children off to college, and there are seemingly hundreds of details to be attended to, from class schedules to roommates to new computers to be purchased. Add in the emotion of the moment (especially if it’s the first time) and it can all be a…
Read MoreEmployers’ Top Challenges in 2023
An Employee Benefits Market Pulse Survey asked more than 200 brokers for their views on their clients’ most pressing challenges this year. Let us help you with these challenges! Mitigating rising health care costs Health care costs continue to increase as utilization rebounds to pre-pandemic levels, outpacing the consumer price index. Inflation is also causing…
Read MoreEducate your Employees on Voluntary Benefits
Offering voluntary benefits is a great way to enhance your benefits package, differentiate from competitors and increase employee satisfaction—all with little impact on your budget. But while employers may choose to offer numerous types of voluntary benefits that can deliver convenience and value for employees, many employees do not understand the advantages of these voluntary…
Read MorePublic Health Emergency ends on May 11, 2023
With the anticipated end of the COVID-19 National Emergency and Public Health Emergency (PHE) on May 11, 2023, the federal government is beginning to unwind some of the policies that have been in place during these periods. On March 29, 2023, the Departments of Labor, Health and Human Services, and the Treasury (Departments) issued guidance…
Read MoreKey Employee Benefits Trends for 2023
Many of the challenges that plagued workplaces in 2022 will likely continue this year and beyond. Current labor challenges are forcing employers to find ways to balance rising costs and inflation while providing employees with the benefits they value and need. Understanding this year’s employee benefits trends can help employers assess whether their offerings meet…
Read MoreHeart Health and Valentine’s Day!
What better way to wish your employees a Happy Valentine’s Day than to give them a Wellness Program focusing on heart health! Heart disease, which includes strokes and other cardiovascular diseases, is a pervasive problem in the United States. In fact, more than 12 million people visit their physicians each year for heart disease-related reasons.…
Read MoreUpcoming ACA Reporting Deadlines
Employers subject to Affordable Care Act (ACA) reporting under Internal Revenue Code Sections 6055 or 6056 should prepare to comply with reporting deadlines in early 2023. For the 2022 calendar year, covered employers must: Furnish statements to individuals by March 2, 2023 File returns with the IRS by Feb. 28, 2023 (or March 31, 2023,…
Read MoreBang for Your Buck: Getting the Most Out of Employee Benefits
Employee benefits have always been a vital part of an employer’s offerings, but never more so than in the wake of the pandemic and the Great Resignation. Millions of workers have left their jobs, and while the reasons vary, central among them is the sense that employers don’t care about their team members as individuals.…
Read MoreMaryland Passes Paid Family and Medical Leave Law
Maryland’s Time to Care Act (TTCA) establishes a paid family and medical leave (PFML) insurance program. Contributions to the program will start on October 1, 2023. Contribution rates are still to be determined. Those rates will be determined no later than June 1, 2023. Starting in 2025, covered employees may take up to 12 weeks of leave…
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