The Centers for Medicare & Medicaid Services (CMS) is readying a fraud prevention initiative that removes Social Security numbers from Medicare cards to help combat identity theft, and safeguard taxpayer dollars. Read More
Small businesses make up about 90% the workforce today. Are the employees happy? An AFLAC Happiness Report for 2017 found that 94% of small business employees are happy in their current jobs all, most or some of the time. This is positive news but even more surprising, more than 75% are either extremely or very satisfied working for a small business.
I bet with almost certainty most people can agree their home, contents and car are covered by insurance. It might be a question if the deductible is $500 or $1,000, but it would be easy to find. What about the ability to pay for all the things? Can YOU say your ability to earn an income is covered?
Employer sponsored benefits have been a staple in the US since President Roosevelt first introduced the concept in 1942 with the Stabilization Act. Due to World War II, employers could freeze wages, so this Act helped provide health insurance to employees as incentive to stay with the company. The act gave employers and employees the right to pay premiums out of payroll before taxes.
Are you an employer with more than 20 employees? By Federal regulation, you are required to offer terminating employees and those with other qualifying events continued coverage for particular periods of time.
As the leaves start to turn and we wear warmer clothes to football games, it is time to remind our employees if there is a flexible spending account in place, to look at their balance and make sure they are able to spend it before they lose it.
Visualize this…. You have created your company or your brand. Business is good going forward, such that you have added a second YOU… someone who is being trained or mentored in your business. Is that person, who is now an ‘asset’ to you protected? Read More
Summer is a great time to travel and often is a great time to plan foreign travel during for fall and winter months. When making those plans it is important to look at current health insurance policies and verify coverage when abroad.
The middle-aged and empty nesters are financially squeezed. Those in their 40s and 50s are trying to secure their financial future while being sandwiched between aging parents and millennials in search of financial independence, while some are raising younger children. Read More
In 2014, the Affordable Care Act allowed individuals to enroll in health insurance without medical questions, meaning no pre-existing limitations. At the time, many thought this would, in an essence, ‘repeal’ the COBRA act of 1986 and we would no longer need the transitional option that allowed individuals the opportunity to remain on their employer coverage. Surprisingly, COBRA is still available and a useful tool for health insurance. Read More