The annual open enrollment plan for individual health care plans is beginning soon. The 2022 Open Enrollment Period or OEP begins on November 1st and ends on January 15th. If you are looking to be covered on January 1st, you can start your enrollment period as early as November 1st. Every state is able to […]
Read MoreForbes partnered with Statista to survey customers of more than 4,200 U.S. insurance companies to create the rankings, focusing on customers’ likelihood of recommending a company, their general satisfaction with their current insurer, and five additional sub-dimensions, such as financial advice, customer service, price/ performance ratio, transparency, and damage/benefit ratio. A loyalty score was calculated […]
Read MoreIt all happens so fast; one minute, you’re changing diapers, and the next thing you know, your little one is all grown up. Suddenly, they’ve swapped plastic teething keys for the real, metallic set. That 16th birthday can bring about one of the most terrifying things any parent has to go through — teaching their […]
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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 MoreCOVID-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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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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 […]
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