Employee Benefits Report – April 2021

Federal Government Allows 401(k) Distributions for Birth or Adoption

piggy bankYour employees can use their 401(k) savings to help with the costs of a qualified birth or adoption. Read on for details.
 
 
 

Individual vs. Group Long-Term Care Coverage for Employees

doctor holding signConsidering whether to offer long-term care insurance to employees? How does group long-term compare to individual long-term insurance? Read on for details.
 
 
 

HealthCare Options for Unemployed Workers

COVID 19 Claimes file foldersHow President Biden’s executive orders could affect health care coverage and the way we address the pandemic. Read on for details.
 
 
 

COVID-19: Do You Have Liability?

Lawmakers are looking into legislation to shield employers against unreasonable liability due to the COVID-19 pandemic.
Read on for details.

Employee Benefits Report – March 2021

New Federal Guidance for Requiring COVID Vaccinations

woman preparing vaccine
With some exceptions, you may legally require your employees to get a COVID-19 vaccination as long as the disease is a threat to the workplace.
Read on for details.
 

How to Know When Health Insurance Will Cover an Oral Procedure

doctor going over an x-rayHow to know when an oral procedure is actually a medical procedure and not dental.
Read on for details.
 
 
 

More States Are Embracing Employer-Sponsored IRAs

eggs in a basket
Americans younger than 59½ will have a second chance to take money from their retirement accounts without paying a tax penalty — if they meet a new condition.
Read on for details.

401(k) Withdrawal Penalties Suspended Again

In March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act allowed people affected by the coronavirus to withdraw or borrow up to $100,000 from their 401(k), Individual Retirement Arrangement (IRA) or similar account without a 10 percent penalty until the end of 2020.
Read on for details.

Life & Health Insurance Advisor – February 2021

Congress Takes the Surprise Out of Surprise Billings

woman looking at hospital billCongress is putting an end to surprise billing by hospitals. Read on for details.
 
 
 
 

Pros and Cons of Having Two Health Insurance Policies

open enrollment formIf having one health insurance policy is good, is having two even better? Read on for details.
 
 
 
 

The Increased Importance of Life Insurance During the Pandemic

couple at a meetingThe popularity of life insurance has grown during the pandemic. Here’s why it’s a wise purchase. Read on for details.
 
 
 

Social Security Adjustments for 2021

The Social Security Administration (SSA) made two decisions regarding earning limits and cost of living increases that positively affect monthly benefits.Read on for details.

Employee Benefits Report – January 2021

Are Employer-Mandated COVID-19 Vaccinations Legal?

vials of medicineWhen a COVID-19 vaccination is made available to the public, should employers require employees to get the vaccination? Read on for details.
 
 
 

Health Care Benefit Trends for 2021

list of yearsHealth care in 2020 has been impacted by the pandemic and that trend is expected to continue next year. Read on for details.
 
 
 

Could Employer Retirement Accounts Change in a Biden Administration?

piggy bankThere’s talk that tax-deferred retirement plans could be replaced by a system based on tax credits. Read on for details.
 
 
 

What You Need to Know About Disciplining Employees for Not Social Distancing

Social distancing and mask wearing are viewed as some of the best ways to protect yourself and others from COVID-19. Read on for details.

Employee Benefits Report – December 2020

Taking the High Cost of Relocation Out of the Equation

family holding moving boxes
Even though Covid has made working remotely much more popular, there are still jobs that require people to work on premises. Relocation expenses for people hired in these positions can be costly. Read on for details.

What it Takes to Add Inclusion to Your Diversity Efforts

diverse employee huddleEmployers have been practicing diversity in hiring for many years but are now finding that inclusion is also important. Do you know the difference?
Read on for details.

 

2021 Health Care Costs Could Reach Double Digits

billing statement
Kaiser Family Foundation (KFF) reports that since 2012 the cost of family coverage has increased 3 to 5 percent annually. The COVID-19 pandemic is changing that trend.
Read on for details.

Family Friendly Benefits Now Include Fertility Treatments

A new trend in employer-sponsored benefits is fertility benefits. Not only do these family friendly benefits meet employees’ needs, they save companies and individuals money.
Read on for details.

Life & Health Insurance Advisor – November 2020

Your Life Insurance Options During the COVID-19 Pandemic

couple at a meetingWith the news media reporting daily on the number of COVID-19 cases and deaths, it’s not surprising that many people are concerned about whether their families will be taken care of if they contract the disease and die.
Read on for details.

Health Benefit Options for Those Who Are Disabled

doctor with stethoscopeAre you disabled and wondering if you qualify for health insurance at a reasonable rate? Read on for details.
 
 
 
 

Tips for Saving for Retirement — Even When Budgets are Tight

jar full of changeEven before the pandemic the majority of Americans didn’t have a retirement account. For many, saving for retirement is now harder than ever.
Read on for details.
 
 

Depression — No Excuse Not to See a Doctor

Many more people are depressed now than at the beginning of 2020 and experts blame the COVID-19 pandemic. Unfortunately, too many people affected by depression and other medical issues are not seeing a doctor. Read on for details.

Employee Benefits Report – October 2020

Prescription Drug Executive Orders’ Future Unknown

dollar sign made from prescription pills
Four orders have been signed, but it’s unlikely they will go into effect before the election. Read on for details about the orders and their possible impact.
Read on for details.
 

Managing FMLA During COVID-19

mom holding kid wearing mask
The COVID-19 pandemic has created several challenges for employers trying to determine the best way to stay in compliance with Family and Medical Leave Act (FMLA) guidelines.
Read on for details.
 

Important Steps to Take Before Launching Your Annual Benefits Enrollment

open enrollment bookPaper shuffling, bewildered looks, and frantic note-taking. It’s another open enrollment season — the annual 30-day period during which workers choose their benefits for the coming year
Read on for details.
 

Importance of Flu Shots Heightened During the COVID-19 Pandemic

Health care workers faced a difficult challenge this year — treating patients with the unpredictable COVID-19 virus.
Read on for details.

Employee Benefits Report – September 2020

Pros and Cons of Employees Working Remotely

employee working from homeWith two-thirds of employees working from home at least part-time, employers are finding there are advantages and disadvantages.
Read on for details.

 

How the Pandemic Could Shape the Future of Health Care

person with tabletThe COVID-19 pandemic has quickly forced the medical community in the United States to rethink how it provides health care. In response to the crisis, new regulations have been enacted and advances in technology fast-tracked.
Read on for details.

Where the 2020 Presidential Candidates Stand on Health Care Reform

person votingThe nation’s health care system is expected to be one of the top issues for voters in the 2020 presidential election because of the declining number of Americans with health insurance, in part due to job losses, and the rise in health care and insurance costs.
Read on for details.

Be Prepared: What You Need to Know Before Offering Vision Coverage

Vision benefits are an important part of a complete health package. Providing the right benefits can boost morale and attract and retain talent.
Read on for details.

Life & Health Insurance Advisor – August 2020

Your Options if You Lose Your Employer-Sponsored Health Care Coverage

empty walletEstimates are that more than 26 million people could become uninsured due to the workplace shutdowns. Read on for details.
 
 
 

The Hidden Costs of $0 Premium Medicare Plans

Medicare printed on dollar billState insurance departments are warning citizens to beware of so-called “zero premium” Medicare plans.
Read on for details.
 
 
 

What You Need to Know About Getting Health Insurance for Yourself — and an Employee

two women at workYes, you can get health insurance coverage if you only have one employee (unless that employee is your spouse).
Read on for details.
 
 
 

How Your Credit Score Reveals Your Suitability for Life Insurance

A good credit rating can open a lot of doors. Not only can it make it easier for you to borrow money at a reasonable interest rate, but it can positively affect your ability to rent or buy a home, apply for a credit card or even get a job. Read on for details.

Employee Benefits Report – July 2020

How to Keep Employees from Raiding Retirement Funds

man with hammer and piggy bank
The COVID-19 pandemic has wreaked havoc upon the finances of many employees, and some have been forced to use funds from their retirement plans.
Read on for details.
 
 

3 Challenges for Benefit Managers During the Pandemic

man with briefcase and maskProviding benefit portability, helping employees manage their work/life balance and maintain financial stability can help employees during this difficult time.
Read on for details.
 
 

Mustering Employer Resources to Combat Mental Health Issues

woman holding her head with maskUnfortunately, as a consequence of the work-from-home, shelter-in-place and quarantine initiatives put in place to keep us safe from COVID-19, there has been a rise in emotional distress.
Read on for details.

 

What to Consider Before Employees Fly the Friendly Skies Again

Now that restrictions due to the COVID-19 pandemic are being lifted, some businesses are allowing employees to travel for work again.
Read on for details.

Employee Benefits Report – June 2020

Retirement Plans: Cash Flow Problem Solver

eggs in basket
Cash flow is a big concern for both employers and employees, and the $2 trillion coronavirus economic relief bill and existing regulations provides an unlikely beneficiary — retirement plans.
Read on for details.

Benefits and Challenges of Telehealth Begin to Emerge

mom and baby with tabletTelehealth’s convenience and value were highlighted when fears about the coronavirus pandemic prompted individuals to look for a way to get medical advice without having to go to a doctor’s office.
Read on for details.
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States Taking Action to Control Rising Drug Costs

prescription pillsStates are taking action to keep prescription drug costs from rising uncontrolled.
Read on for details.
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What Employees Need to Know About COVID-19 and Life Insurance Benefits

With COVID-19 still in the forefront of everyone’s mind, your employees may be wondering if the life insurance they purchased or that you provided will pay their beneficiaries if they die from the disease. Read on for details.

Life & Health Insurance Advisor – May 2002

What the Coronavirus Taught Us

hospital staffWash your hands and check your health care benefits to see what’s covered! Read on for details.

What Credit Insurance Can and Cannot Do for You

woman holding credit cardCredit insurance and credit protection can be prudent options for avoiding financial ruin. Read on for details.

Know Your Rights: How to Appeal a Denied Health Plan Payment

woman with broken legThe first step is making sure the denial wasn’t made in error. Read on for details.

How Life Insurance Companies Get to the Truth

Life insurance companies need honest answers to questions about your health to determine appropriate premiums and coverage levels.Read on for details.