Judging by the search activity on Google for the term "health insurance," people only seem to care about the topic in the fall. Probably because this is the time for open enrollment.
Now that health insurance is mandated by law, is it still a benefit? Back 'in the old days' health insurance was a benefit used as an extra to attract applicants for jobs and to retain employees. The consensus was if you offered a good plan, you would get better people. As medical costs skyrocketed, the consensus became the truth.
You're always looking for ways to save money. Now, the beginning of the year is a great time to review two of the biggest expenditures you have, your workers comp and health insurance policies.
Few topics strike as emotional, or controversial, of a conversation in the business world like health insurance. Many business owners look at it as an expense they have to provide. Additionally, there is the worry that the health coverage has to meet specific regulations.
The mid-term elections are behind us now, and it's hard to believe after such a contentious election cycle, but there is a consensus between the political parties that something has to be done about the opioid crisis in The United States.
Increased claims for workplace injuries is a significant factor in the increase of worker's comp insurance premiums. You might think, "Well, I'll do more to prevent accidents. My injuries will drop, and I'll be able to maintain my current premium rate.” That strategy, while sound, is easier said than done.
There have been recent changes to California's health insurance market. You should be aware of the changes because rumors are abounding and it's essential you have the correct information.
You know health insurance is vital to your employees not only because of the benefit, but also because it helps them stay healthy and productive. For these reasons alone, you should help them understand their health insurance benefits and how to access them. The benefits of this are two-fold.