Month: August 2019

On August 26, 2019, the Departments of Labor (DOL), Health and Human Services (HHS), and Treasury released an FAQ that provides guidance to employers, plan sponsors and health insurance issuers regarding a recent HHS regulation that could be read to require group health plans to treat prescription... Find out more »

It’s often difficult for highly compensated executives to save enough money in a traditional 401(k) plan to maintain their current living standards. Fortunately, companies can offer highly sought-after executives a retirement plan that not only offers a more comfortable retirement but also is... Find out more »

Many parents start saving for college as soon as their children are born. It’s little wonder. Tuition plus room and board costs put college out of reach for many high school graduates. The College Board’s Trends in College Pricing survey reports that 2018-2019 tuition fees and room... Find out more »

If you manufacture, sell or distribute any kind of product, you probably need some kind of protection from product liability claims.  What Does Product Liability Insurance Cover? Product liability insurance protects the manufacturer, distributor or seller of a product from legal... Find out more »

Simple safety precautions in the home can prevent needless deaths and injuries and save billions of dollars in costs. According to the latest annual edition of the National Safety Council’s “Injury Facts” report, in the U.S. in 2017 there were 169,936 preventable deaths and... Find out more »

Alera Group, an independent national insurance brokerage and wealth management firm, today announced its acquisition of Benefit Commerce Group, an award-winning, results-driven employee benefits consulting firm located in Scottsdale, Arizona. Benefit Commerce Group has had strong growth over the... Find out more »

Employers can help control their health care coverage costs and improve employees’ care by addressing a key lifestyle risk — obesity. Obesity is a sensitive topic, but is one that must be addressed. “The State of Obesity 2018 Report,” collaboration by Trust for... Find out more »

Alera Group, a leading national insurance firm, today announced its acquisition of Comprehensive Benefit Administrators (CBA), effective August 1, 2019. Terms of the transaction were not disclosed. CBA, located in Norwell, Massachusetts, creates benefits programs that are focused on exceeding... Find out more »

The need for home health care aids is expected to increase more than 1.3 million by 2020. By 2020, aging Baby Boomers will make up one-third of the U.S. population and one-quarter of workers will be 55 or older. Unfortunately, with age and wisdom, also come physical ailments. America now is... Find out more »

Cybersecurity insurance can help protect you and your workers’ health and retirement benefit plans. Group health and retirement benefit plan administrators keep personal information such as social security numbers, dates of birth and email addresses in electronic records. Employees could... Find out more »