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How to lower employee stress about health insurance

Insperity

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

Insurance 254
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People over perks: Bridging employee benefits with strong HR

Insperity

Moving beyond standard To really get ahead, companies should consider a shift from only offering the most common benefits – or, at minimum, what’s legally required. Certain benefits are now viewed by prospective employees as standard, meaning that: They assume your company offers them, because they are, in some cases, legally required.

Insurance 182
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7 types of insurance every business owner needs

Insperity

A business leader can’t eliminate all risks, but insurance can provide some cover should the sky begin to fall. Despite this, insurance is an area where owners often try to skimp on the type of insurance they pay for or the amount of coverage they choose. Property insurance . Workers’ compensation. Professional liability.

Insurance 229
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COVID-19 vaccinations for employees: Can employers mandate it?

Insperity

In this article, we will: Provide links to federal guidelines on the topic Consider possible pros and cons of requiring vaccines for employees Outline four common approaches Explore exceptions employees may seek to vaccination mandates Identify five potential legal issues related to the topic. Incentivizing vaccines.

Legal 312
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Wondering how to choose a professional employer organization (PEO)? Ask 7 questions

Insperity

As a co-employer, the PEO you choose will ultimately take responsibility for payroll processing, providing workers’ compensation insurance coverage, providing an employee benefits package and a host of other sensitive human resources (HR) and administrative tasks. Or would you retain plan sponsorship and fiduciary responsibilities ?

Insurance 232
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How to Have Difficult Financial Planning Conversations with Aging Parents

Success

Older Americans must consider everything from where they want to live to how they plan to support themselves as they age. She thinks its invaluable for adult children to have these financial planning conversations with aging parents. With age may come wisdom, but it also comes with a variety of questions around lifestyle and legacy.

Planning 115
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Employees sue Wells Fargo for insurance plan’s inflated prescription drug prices

Work Life

was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. The lawsuit is the latest to accuse employer-sponsored health plans of failing to negotiate lower prices for drugs on behalf of participants, as prescription drug costs continue to rise sharply in the U.S.