A how-to guide for reference-based pricing By Caroline Hroncich October 22, 2019, 3:49 p.m. EDTEmployers and advisers alike have been buzzing about about reference-based pricing (RBP) — a relatively new method for managing health costs set outside traditional insurance carriers.While a small number of employers have implemented RBP, it has helped some companies save money. For […]
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DO YOU HAVE AN UP-TO-DATE, COMPREHENSIVE EMPLOYEE HANDBOOK? A well-written and well-maintained employee handbook is vital from a legal standpoint. Our clients have access to two versions of a completed employee handbook that is regularly reviewed and updated by attorneys. DO YOU HAVE A SMALL OR UNDERSTAFFED HR DEPARTMENT? HR departments are often short […]
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Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. It was created by the labor movement in the late 19th […]
Read MoreQualified Small Employer Health Reimbursement Account (QSEHRA) is a type of health reimbursement arrangement (HRA), the qualified small employer HRA (QSEHRA) is a health benefit for small businesses with fewer than 50 employees. With a QSEHRA, companies can reimburse employees tax-free for their medical expenses, including personal insurance premiums. In 2013, IRS Notice 2013-54 issued guidance […]
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In a “Full Employment Economy”, employers are having a difficult time keeping their top talent. While a higher income may win over some employees, studies have shown that most employees would trade additional salary for security and “perks”. Establishing a comprehensive employee benefit program will change the culture of your organization. Did you […]
Read MoreWhile we “Hunker Down” in anticipation for Tropical Storm / Hurricane Barry, we wanted to share a Hurricane and disaster prepare list. Hurricanes can shatter lives as well as damage property. Being prepared can help you, your family or your business minimize the impact of the storm. The best way time to start is before […]
Read MoreAnother data breach……Companies can no longer avoid the potential risk of hackers breaking into vulnerable computer networks and stealing data. If you own, operate or manage a business, you have to consider the possibility of this happening to you. Hacker knowledge has outpaced the security measures network engineers use to prevent their systems becoming compromised. […]
Read MoreIt’s no secret—health care costs in the United States have risen sharply over the past two decades. In fact, a study by the Journal of the American Medical Association found that U.S. health care spending increased by nearly $1 trillion from 1996 to 2015. In 2018, the average premium rose 3% for single coverage and […]
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