Why Implement a Benefit Administration System
The insurance industry is navigating higher compliance expectations and legal "hoops" now more than ever. This has led to an incredible burden for employers. Before looking at increasing personnel...
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Audit Reveals Pay or Play Enforcement Issues
Have you been wondering when the IRS was going to assess the “Pay or Play” penalties outlined in the Affordable Care Act? 2016 was categorized as another good faith filing year, and you wouldn’t...
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Leadership Lessons Learned from the Chicago Cubs
In October of 2011 the Cubs wrapped up a season finishing 20 games under .500 baseball. The team hasn’t played in the World Series since 1945 and hasn’t won it all since 1908. But on October 12, 2...
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The Group Coverage vs. Individual Insurance Decision
Should you offer group health coverage to employees? With the employer shared responsibility penalties for large employers now in place, employers must decide whether they will offer employer-sponsor...
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Why Are Health Care Costs Rising?
Unfortunately, the trend of health costs rising faster than the rate of inflation is expected to continue. Several factors have contributed to climb in healthcare costs over the past decade, including...
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Understanding Health Insurance Terminology
Health insurance terminology can be confusing. As a result, understanding your benefits and what you may owe out-of-pocket can be difficult. In order to make sure you are using coverage effectively, i...
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Road to Wellness
What is workplace wellness? Workplace wellness refers to the education and activities a company may sponsor in order to promote healthy lifestyles for their employees and their families paragraph ...
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What is a Qualified Life Event?
You should always elect benefits during open enrollment to ensure you get the coverage you need; however, once enrolled in health coverage like a cafeteria or section 125 plan, you are unable to chang...
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What is an HSA?
A health savings account (HSA) is a tax advantage savings account that can be used for your healthcare expenses. Money comes out of each paycheck and is deposited into the account for future use. I...
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Emergency Room or Urgent Care?
If you're faced with a sudden illness or injury, making an informed choice on where to seek medical care is crucial to your personal and financial well-being. Making the wrong choice can result in del...
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