Group insurance is a key component of employee benefits, providing comprehensive health coverage and financial protection for employees while serving as an attractive perk for talent acquisition and retention. However, a one-size-fits-all approach to group insurance may not meet the diverse needs of your workforce or align with your company’s
Employee Management and Group Insurance: Strategies to Boost Participation
In the competitive landscape of employee benefits, group insurance stands out as a crucial offering that not only protects employees but also enhances the overall attractiveness of an organization. However, one common challenge that companies face is encouraging higher participation rates among employees. Here are several strategies to effectively boost
Group Insurance Renewals: Tips for Managing the Process Effectively
Navigating the renewal process for group insurance can be a complex and time-consuming task. As the renewal date approaches, it’s essential to be proactive and organized to ensure you secure the best possible coverage for your employees at a competitive rate. Here are some tips to manage the group insurance
The Benefits of Offering Group Insurance to Employees: Why It Matters
In today’s competitive job market, attracting and retaining top talent is crucial for the success of any business. While salary and perks are important factors, employee benefits play a significant role in shaping job satisfaction and loyalty. Among these benefits, group insurance stands out as a valuable offering that not
California Workplace Violence Prevention Plan and Training Law
In addition to the workplace protections provided to employees under federal law, California affords broad workplace safety protections under the state’s Occupational Safety and Health (Cal/OSH) Act and related laws. Most employers in California are subject to several workplace safety requirements under Cal/OSH. These include a mandate to establish, implement
Choosing the Right Group Insurance Plans for Your Business: A Comprehensive Guide
Group insurance plans are an integral component of any comprehensive employee benefits package. They offer financial protection and peace of mind to employees while also contributing to a positive company culture. However, selecting the right group insurance plan for your business can be a complex and challenging task. With numerous
Your Open Enrollment Checklist
The open enrollment period is a demanding and lengthy period for HR teams, involving critical decisions, paperwork, and deadlines. The relief that comes with its conclusion is undeniable. However, before you transition away from open enrollment, there’s a vital but often overlooked step: the post-open enrollment checklist. As you read
Employer Medicare Part D Notices Are Due Before October 15, 2020
Are you an employer that offers or provides group health coverage to your workers? Does your health plan cover outpatient prescription drugs — either as a medical claim or through a card system? If so, be sure to distribute your plan’s Medicare Part D notice before October 15. Purpose Medicare began
What do we do if an employee is diagnosed with COVID-19?
First, notify other employees of potential exposure, if any, in the workplace. You should tell them that someone was diagnosed with the illness, but you should not identify which employee is sick, even if employees ask so they can gauge their own risk. Medical information, such as a diagnosis, must
Paycheck Protection Program Flexibility Act
Paycheck Protection Program Flexibility Act On June 5, 2020, President Trump signed legislation (H.R. 7010) enacting the Paycheck Protection Program Flexibility Act (PPPFA) which amends the CARES Act’s Payroll Protection Program (PPP). Some of the key amendments are as follows: The covered period during which borrowers must spend the PPP