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Workers’ compensation for remote employees: a guide

Insperity

Do you need to worry about workers’ compensation for remote employees? When your organization adopts or expands a work-from-home policy, it’s a good idea to take a fresh look at your workers’ compensation coverage and processes. It’s important to understand that employee injuries at home may be covered by workers’ compensation.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

In addition, new rulemaking is likely to be introduced in 2022 that will affect health plans, including non-discrimination rules for wellness plans and new rules governing what must be included on insurance plan ID cards. The CAA created a number of new requirements that affect health insurance and coverage. More guidance coming.

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3 Proven Ways to Reduce Your Workers’ Compensation Costs

Insperity

If you’re looking for ways to save on workers’ compensation insurance, you’re well aware of the direct costs that you pay in premiums. But what you may not have considered is the indirect costs of on-the-job accidents and injuries, which go beyond what you pay for workers’ compensation insurance.

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Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

According to a recent survey, four in 10 American workers live paycheck to paycheck. You as an employer can help by offering group disability insurance to your employees. This insurance helps replace a portion of a worker’s income if they lose their income due to an injury or illness. What it covers. What it covers.

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How to reduce workers’ compensation costs: 3 proven strategies

Insperity

Are you struggling with how to reduce workers’ compensation costs for your business? If not, do you understand the sizeable risk that workers’ compensation claims pose to your business, and do you have a plan in place for when these claims arise? That’s why controlling workers’ compensations costs is so important to your bottom line.

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Costlier Reinsurance Is Feeding into Higher Commercial Policy Rates

InterWest Insurance Services

Commercial insurance companies are raising rates in most of their lines to account for increasing claims as well as the cost of claims, but another factor is forcing them to increase their rates further: reinsurance. When insurance companies underwrite policies, they will often not retain all of the risk. What’s happening.

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Ask an Expert: Is There a 30-Day Grace Period to Make Changes to Elections in Cafeteria Plans?

InterWest Insurance Services

Many group health insurance plan sponsors and administrators have the mistaken belief that the law allows employees enrolling in Section 125 cafeteria plans to change their elections, as long as they do so within 30 days of the plan becoming effective. This is not correct. And this misconception can have serious consequences.