Articles
The Skinny on GMO Foods: Are They Safe?
Nothing in the food world is probably more controversial and misunderstood than foods made with genetically modified organisms. Depending on who you talk to, GMO foods are the savior of agriculture and a key to solving the world's hunger problem or they have the...
Millennials Shun Fabric Softener
Millennials seem to have an aversion to the household mainstay of fabric softener, which has been reflected in flagging sales in the last 10 years. Fabric softener has been in use since the 1960s because laundry when hung out to dry would often be stiff and scratchy,...
Draft Would Help Policyholders Meet Drug Deductibles, Copays
A model measure would require health plans to include financial assistance that policyholders receive, as well as drug rebates, towards their pharmaceutical deductibles, copays and coinsurance. Most health plans do not allow rebates and outside financial assistance to...
Helping Your Employees Find the Right Plan for Them
Studies have found that nine out of 10 employees opt for the same benefits every year and that around a third of workers don't fully understand the group health plan benefits they are enrolled for. Staying in the same plan after year can be a waste of money if someone...
How to Coax Your Employees to Enroll in an HDHP
Employers looking for ways to decrease their group health insurance outlays over the past decade have been turning to high-deductible health plans as they offer lower up-front premiums. In 2021, 51% of the U.S. workforce was enrolled in one of these plans, according...
Train Your Driving Staff for Rainy, Slippery Conditions
When it's the rainy time of year, companies with driving employees and/or fleets need to double down on road safety. That means holding a training session on driving in the rain. While it may seem redundant, it's an important exercise to reinforce the importance of...
Commercial Property Policy Won’t Cover Floods or Earthquakes
Many business owners are confused by the seemingly endless array of insurance policies and premiums. But an understanding of what your basic commercial property insurance covers and doesn't cover is critical to any risk management strategy. Furthermore, any...
Paid Ransomware Demands Fall Sharply as Businesses Wise Up
Businesses are getting better at beating ransomware extortionists and more victims are refusing to pay to unlock their systems, according to a new report. The ratio of ransoms that the cyber criminals demand to ransoms actually paid fell to just 12% in the third...
Why You Need Key Man Insurance
If you are operating a small business, you are likely relying on a small staff to get the job done. Many employees in small firms have to wear many hats and if one of them or an owner should die, the business could suffer greatly from that sudden loss of talent. If...
Coverage Gap Concerns as Cyber Threat Grows
Small and mid-sized businesses are increasingly being targeted for cyber attacks, as criminals consider them low-hanging fruits that often do not have the resources in place to mount a strong defense. A severe attack on a small company can incapacitate its ability to...
Measure Would Waive Cost-Sharing for Chronic Condition Management
A new bill in Congress may enable Medicare beneficiaries to access 100% coverage for chronic care management (CCM) services. The Seniors' Chronic Care Management Improvement Act of 2021 would waive the cost-sharing requirements for CCM services, thus enabling a...
Factoring Taxes into Long-Term Care Insurance Choices
As millions of baby boomers in the United States approach old age, experts predict the number of people in need of long-term care will double over the next 30 years. Some statistics show that one in every five people who reach the age of 65 will eventually require...