Health Care Education Can Help Keep You Keep Employees

Businesses need to inform their workers about health plan changes under the Patient Protection and Affordable Care Act. That’s the word from Paul S. Amos, II, president of Aflac, Inc., a major health insurance provider. Says Amos, “If you believe in your employees and want to retain them so can grow your company and corporate… Read more »

Is There An ASO In Your Company’s Benefit Future?

More and more employers are using Administrative Services Only (ASO) plans for such health benefit as Dental Insurance. Under an ASO, the employer self-insures the benefits it pays, but uses an outside firm (such as an insurance company or third-party administrator) to process claims and pay providers, based on a fee per person. This approach… Read more »

End-Of-Life Programs: Death Happens

Death will come to all of us – including your workers. At this emotional and stressful time, voluntary end-of-life products can help provide invaluable financial and medical comfort to those who your employees have left behind. In offering them these benefits, it’s essential to show sensitivity and concern for their needs. Benefits such as Hospice… Read more »

A Guide To Health Insurance For The Self-Employed

The self-employed tackle challenges that those employed by others rarely face: doing budgets, growing their business – and, of course, Health insurance. The cost of individual Health coverage has skyrocketed during the past decade, with average monthly premiums growing more than 500%. What’s more, co-pays and deductibles keep going up, while covered services are shrinking…. Read more »

Attention, First-Time Life Insurance Shoppers!

Before you invest in a Life Insurance policy, make sure that you get answers to these three key questions: How much coverage do I need? This will depend on a number of variables. If you have a spouse, children, or home, you’ll need more insurance than if you’re single and living in an apartment. Also, factor… Read more »

Employee Buy-In To Wellness Programs: Sticks And Carrots

As wellness and health management programs have become increasingly common, many employers who’ve seen the positive results of reward-based incentives wither have begun using financial penalties to encourage enrollment in these plans. Although this can be an effective approach in boosting plan participation among at-risk workers, misusing it can lead to negative reactions from employees…. Read more »

FIVE GUIDELINES FOR TALKING ABOUT STRESS

Although discussing stress with health care providers plays a key role in helping us stay healthy, many people aren’t doing this, according to a recent study from the American Psychological Association (APA) Dr. David Ballard, APA Assistant Executive Director for Marketing and Business Development, and Citrin Consulting President Richard Citrin offer these suggestions to help… Read more »

Term Life Insurance: Easy Riders

Everyone knows that Life insurance helps provide financial protection for families and loved ones in case of death. However, you might not know that a number of “riders,” either included in most Term Life policies, or inexpensive to add, can provide additional benefits. Accelerated Death Benefit (ADB). For obvious reasons, Term Life coverage doesn’t directly… Read more »

How Much Life Insurance Do You Need?

The answer depends on your financial situation. These guidelines can help you review your income, calculate annual expense, and assess the needs of your family: Avoid cut-and-dried formulas and calculators. Although these can help provide a baseline amount, most fail to take your individual situation into account. For example, you’ll need more insurance if you have… Read more »

Renters Insurance: Reality Check

A recent nationwide survey found that only 34% of tenants carry a Renters insurance policy which means that most renters are taking a financial gamble with all of their belongings. The three leading reasons that respondents gave for not buying Renters insurance show that many people don’t understand what this policy covers – and doesn’t… Read more »