April 23, 2024
The Growing Need For Contractors’ Professional Coverages
In the dynamic world of construction, contractors play a vital role in bringing projects to life. From pre-construction estimating to project management, their expertise is cri...
April 23, 2024
Safeguarding Lives: Strategies to Prevent Choking Risks in Health and Human Services Settings
Choking is a serious and potentially life-threatening issue that demands careful attention, especially in health and human services settings where vulnerable individuals may be...
April 23, 2024
Mastering Wire Transfer Security: Best Practices for Protecting Your Organization
In today's digital landscape, electronic payments, such as wire transfers, offer organizations enhanced efficiency and security. However, with these benefits come inherent risk...
April 19, 2024
Safeguarding Vulnerable Individuals: A Comprehensive Approach to Elopement Prevention in Care Facilities
Elopement, the unsupervised departure of individuals with cognitive, physical, mental, emotional, or chemical impairments from caregiving facilities, poses a significant risk t...
April 8, 2024
The Key Bridge Collapse: A Reminder Of The Critical Role For A Total Cost of Risk Analysis
The tragic human and economic impacts of the Baltimore bridge collapse will unfortunately continue to unfold in the weeks ahead. These impacts will reach well beyond Baltimore...
October 9, 2023
Get Ready: New Gag Clause Attestation Deadline Approaches
It’s time for group health plan sponsors to add another reminder to their calendars before the year’s end, as nearly all plan sponsors (that’s you, employers!) are responsible ...
October 9, 2023
ACA Affordability Percentage to Hit Lowest Historical Mark in 2024
On Aug. 23, 2023, the IRS issued Revenue Procedure 2023-29 which indexes the contribution percentage to be used for determination of the affordability of an employer’s medical ...
July 6, 2023
Utilize a Captive for Better and More Cost Effective Employee Benefits
The Medical Stop-Loss Solution Catastrophic medical claims continue to grow in size and number. What was a $1 million claim a few years ago is likely $3 million+ in today...
July 5, 2023
Focus on Providing Care, Not Paying for It with Life-Long Term Care Hybrid
States Move to Fill Care-Coverage Gap as New Policies Offer Solutions Recognizing that caring for a spouse or family member with a debilitating illness or injury can be costl...
June 8, 2023
Canadian Wildfire Smoke Exposure: Protecting Outdoor Workers and Mitigating Health Risks
We’re certainly in an unusual situation given the impact from the Canadian wildfires. Here’s some information you should consider if you have employees working outdoors. C...
June 5, 2023
IRS Reminder: Without Proper FSA Substantiation, All (Tax-Favored) Bets Are Off
On April 28, 2023, the IRS Office of Chief Counsel issued Memorandum Number 202317020, which serves as “Chief Counsel Advice” concerning the requirement for health and dependen...
May 30, 2023
Hurricane Preparedness is Key to Managing Risk: 2023
Each year hurricane season lasts from June through November. NOAA released its 2023 Hurricane Season outlook on May 25th. This year, the NOAA is predicting between 12 and 17 na...
May 18, 2023
IRS Announces Spike in HSA Figures for 2024
On Tuesday, May 16th, the IRS announced the inflation adjustments that will apply to health savings accounts (HSAs) and qualified high deductible health plans (HDHPs) beginning...
May 16, 2023
Coverage of Preventive Health Services After the Braidwood Decision
Background In 2020, the Affordable Care Act (ACA) amended the Public Health Service Act (PHSA) to require non-grandfathered group health plans and insurers of fully-insured g...
May 8, 2023
Beyond Burnout: Reclaiming Purpose In Aging Services
Is It Burnout? Working in aging services isn’t just a career, it’s a calling. And as a leader in this industry, it’s obvious that you care about people—not only the patients,...