President Biden issued an Executive Order that will require Coronavirus Disease Vaccination for Federal Employees, Contractors and/or those that conduct work on behalf of the Federal Government. Certain group of Private Employers are included in the order. To read the order, CLICK HERE. Here’s what’s known about the upcoming rule, keeping in mind these particulars […]Read More
Your Business NEEDS Employment Practices Liability Insurance – Learn Why
COVID-19-related employment practices liability claims are on the rise as companies everywhere embark on the rocky transition back to a pre-quarantine workplace. Both employers and insurance providers are struggling to respond to the changing landscape and mitigate growing insurance expenses. There’s never been a more important time for businesses to protect themselves with employment practices […]Read More
What if You Can’t Afford an Expensive Medication You’ve Been Prescribed?
Written by: Mike Alexander, Jr. 08/15/2021 When it comes to your health care, prescription medications can often be expensive, especially if they’re ongoing or if you have more than one. Everyone knows someone who doesn’t have insurance or is not able to afford prescription medication. There are options to help cover the costs of expensive […]Read More
2022 Medical Cost expected to increase again – Insurance rates expected to increase 7-10%- What can you do?
Written by: Mike Alexander, Jr. ABM Insurance & Benefit Services, Inc. 08/05/2021 Health insurance experts are predicting increases of 7% – 10% in 2022. With these worrying numbers, individuals and employers are seeking alternative options for providing employee benefits. Alternative funding, level funding, and patient physician coops are proving to be viable solutions to […]Read More
2022 Open Enrollment Checklist – Is your Organization Ready?
To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan years beginning on or after Jan. 1, 2022. Employers should review their plan documents to confirm that they include these required changes. In addition, any changes to a health […]Read More
Life Insurance Policies: Which One is Right for You?
article written by: Mike Alexander, Jr. 08/04/2021 You may have been offered life insurance as part of your company’s insurance benefits package, but what exactly is it? Simply put, life insurance is protection for your family and loved ones in the event of your passing. It triggers the release of a sum of money to […]Read More
What Can Employers Do to Attract and Retain Employees in 2021 / 2022?
Over the past year, workplace culture has undergone a historic shift. The COVID-19 pandemic has forced employees to re-evaluate the way they work in order to adapt to social distancing guidelines, and now that vaccines are available, employers are beginning to re-strategize in anticipation of a post-pandemic world. As the population emerges from quarantine […]Read More
Medicare Benefits: What to Avoid When You’re Eligible
Medicare is a type of Health Insurance that you are eligible for after turning 65. Understanding the benefits and supplementation plans of Medicare Insurance is critical to navigating this difficult and often overwhelming process. Given that most insurance agencies do not offer Health or Medicare Insurance, it’s important to find somewhere that values you as […]Read More
Think Your Business Will Never Be the Victim of a Cyber Attack? Think Again
Cyber crime is on the rise–and your business is more susceptible than you think. In 2019, the World Economic Forum listed cyber attacks as the second biggest risk to businesses worldwide. The problem has only worsened as a result of the COVID-19 pandemic; technology is playing a bigger role than ever in business as social […]Read More
Create an Employee Benefit Plan that Attracts New Employees and Retains and Motivates Current Staff
Written by: Mike Alexander, Jr. – ABM Insurance & Benefit Services, Inc. As a business owner, you probably understand that attracting and retaining talented employees is important to your company. Your employees are the life-blood of your business, and in order for them to be as productive and committed to their work as possible, you […]Read More