Reduce insurance costs by encouraging employee wellness

Protecting your company through the purchase of various forms of insurance is a risk-management necessity. But just because you must buy coverage doesn’t mean you can’t manage the cost of doing so. Obviously, the safer your workplace, the less likely you’ll incur costly claims and high workers’ compensation premiums. There are, however, bigger-picture issues that […]

Prepare your business now ahead of Hurricane Florence

Millions are preparing for Hurricane Florence, which is scheduled to strike the coasts of North Carolina and South Carolina in the coming days. But what happens after the storm? While no one can control the path and strength of the storm, as a business owner, you can take some steps now that will make it […]

No changes in healthcare yet, even with Trump executive order

President Trump signed an executive order this month that is being described in the media as a step in dismantling the Affordable Care Act. For now, however, healthcare remains business as usual. While the executive order signed Oct. 12 could result in some significant changes – such as greater access to association health plans and […]

Health care legislation: Comparison of Senate, House health care bills

It’s not quite a tale of two cities, but below is a breakdown of two competing health care bills being considered by Congress. The Republican-led U.S. House of Representatives and the Republican majority in the Senate have both released healthcare bills designed to overhaul the Affordable Care Act, also known as Obamacare. The House bill, […]

ACA: While questions swirl, it remains the ‘law of the land’

It appeared as though earlier this year that the Affordable Care Act would be repealed, relieving employers of many regulatory obligations. However, when Congress failed in March to act on the American Health Care Act, it left the Affordable Care Act – or Obamacare – in place, along with its regulatory provisions. As stated by […]

Protect against medical identity theft

Identity theft does not only happen when thieves steal your credit card number. Health insurance information is another way that criminals can steal your identity and file fraudulent claims with your insurance company, get prescription drugs, run up bills and ruin your credit. Medical identity theft also exposes your most private and sensitive information to […]

Take steps to protect against credit card ‘chargebacks’

There are many victims in credit card fraud, but McDonald’s owner/operators have a tool they can use to try to recoup money lost in the event someone claims their stolen credit card was used to purchase food at their restaurants. The owner of the stolen credit card is not the only victim in this kind […]

How to respond to a Marketplace notification

What should you do if you receive an Affordable Care Act Marketplace notification informing you that some of your employees had applied for coverage on the healthcare exchange and are eligible for a subsidy? Consider the situation where two of the employees were offered coverage during annual enrollment while the third was not eligible due to working […]

Be prepared for the unexpected

Have you ever thought about what could happen if you were hit with a large claim against you for property damage or personal injury?  Like most people, you likely assume your existing homeowner or auto insurance policies will provide adequate coverage for such a claim. However, many times these policies either do not cover a […]