Posts

The Invisible Line Between Private Exchanges and Benefit Administration Systems

By madwire / September 19, 2017

The Invisible Line Between Private Exchanges and Benefits Administration Systems by Wes Steele Whether you call healthcare cost trend 6% or 11%, there is one thing beyond dispute. Healthcare costs are rising. Costs have more than doubled over the past 10 years. Employers are looking for ways to project and control costs – wellness programs,…

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Health Insurance for Young Adults

By madwire / September 18, 2017

Health Insurance Options for Young Adults Health insurance is a critical benefit for all Americans to have.  Health insurance ensures access to the healthcare system and protects your finances in the event you need medical care. It can be confusing for young Americans to understand what your options are.  This informational article is designed to…

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Steele Named Smart Buy Partner by NGCOA

By madwire / September 6, 2017

National Golf Course Owners Association (NGCOA) Names Steele Benefit Services As Smart Buy Partner Charleston, S.C. (September 6, 2017) The National Golf Course Owners Association (NGCOA) has named Steele Benefit Services as a Smart Buy Partner. NGCOA members can now offer their employees access to Accident, Critical Illness, Cancer and Hospital benefit products at group…

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Don’t Just See the Forest Through the Trees: Embrace the Entire Eco-System

By madwire / July 6, 2017

Don’t Just See the Forest through the Trees: Embrace the Entire Eco-System Written by Wes Steele May 4, 2017 A dive into career and life lessons we can draw from Steve Uzzell, a man who built his career and spent much of his life taking photographs for National Geographic. What can a National Geographic photographer…

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Why Implement a Benefit Administration System

By madwire / June 22, 2017

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 to keep up with regulations and employee expectations, you may want to consider implementing a benefit administration system. A benefit administration system offers a full range of…

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Audit Reveals Pay or Play Enforcement Issues

By madwire / May 9, 2017

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 be alone if you were questioning where does this leave us for 2017. As we have all seen in the headlines,…

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Leadership Lessons Learned from the Chicago Cubs

By madwire / May 3, 2017

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, 2011 the Cubs hired Theo Epstein as President and Jed Hoyer as GM, and the organization began to…

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School Corporation Case Study

By madwire / April 12, 2017

Challenge: Efficiently and accurately processing over 1200 paper enrollment forms, three times the workload of the previous annual open enrollment period without additional staff. Summary: A company of 400 employees holds open enrollment using paper forms. In the past, one company provided medical, dental and vision benefits, due to program changes there were now three…

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Retail Chain Case Study

By madwire / April 12, 2017

Challenge: A large retail chain with 5,000 employees in 300 locations across 28 states needed to make changes to their existing health plan offerings in order to meet budget demands. In making the changes, there would be higher deductibles in the new plan design. The company wanted to ensure the employees understood the new offerings…

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The Group Coverage vs. Individual Insurance Decision

By madwire / March 31, 2017

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-sponsored health coverage that complies with the Affordable Care Act (ACA) or drop coverage and lose a valuable attraction and retention tool. Likewise, small employers may also be…

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