December 14, 2023

CAA Gag Clause Attestation Due December 31st, 2023

CAA prohibits group health plans and health insurance carriers from entering into agreements with providers, TPAs, or other service providers that include language that would constitute a “gag clause.” Plans and issuers must annually submit an attestation of compliance with these requirements. The first attestation is due December 31, 2023.
December 7, 2023

Facing the Insurance Market – Part 2

Already in 2023, there have been more extreme events in America that cost at least $1 billion, exceeding the 2020 record. Catastrophes, the mounting costs of building materials and four other driving forces are increasing the cost of property insurance.
October 25, 2023

6 Ways to Capture Employees’ Attention at Open Enrollment and Keep It Year-round

When it comes to employee benefits, proper communication helps employees recognize the true value of their benefits, which can lead to an appreciation of the company’s investment in their health and well-being.
October 25, 2023

Pay or Play Affordability Percentage Decreased for 2024

The IRS has again significantly decreased the affordability percentage from 9.12% in 2023 to 8.39% for 2024. As a result, many employers may have to substantially lower their employee contributions for 2024 to meet the adjusted percentage.
October 19, 2023

DOL’s Initiative to Refine PPE Regulations: A Significant Step in Construction Safety

The DOL recently made public its intention to modify OSHA's construction PPE standard. The revision intends to emphasize that PPE must properly fit each employee to protect them from occupational hazards.
October 19, 2023

E&O Insurance for Contractors

Having contractors' E&O insurance is essential for general contractors, as it safeguards their businesses and reputations. Contractors' E&O insurance provides liability coverage for trade contractors, such as carpenters, electricians, painters, plumbers, and HVAC technicians, for damages resulting from unintentional faulty workmanship.