by Kaely Christensen | Jul 10, 2023 | Employee Benefits, Human Resources
Health care costs continue to rise, which means employers need to take every opportunity to lower expenses. One cost containment strategy is to employ a reference-based pricing model (RBP). RBP enables employers to set limits on certain medical services, shifting the...
by Kaely Christensen | Jul 5, 2023 | Employee Benefits, Human Resources
Retaining top talent is a major priority for most businesses, especially members of the executive staff. Executive benefit plans are designed to provide your top employees with a higher level of benefits and compensation, especially since 401(k) plans restrict the...
by Kaely Christensen | Jun 29, 2023 | Employee Benefits, Human Resources
When a plan participant or beneficiary has Medicare and other health insurance, such as group health plan insurance, retiree coverage or Medicaid, there can often be confusion as to which insurance pays first on claims. This article provides a general overview of COB...
by Kaely Christensen | Jun 28, 2023 | Compliance, Employee Benefits, Human Resources
The U.S. Department of Labor (DOL) recently launched its Mental Health at Work initiative, including a new website providing a variety of resources and tools to help improve overall mental health services in the workplace. Highlights of Workplace Mental Health...
by Kaely Christensen | Jun 27, 2023 | Employee Benefits, Human Resources
401(k) plans for small businesses can be a powerful tool to promote financial security in retirement. They provide a host of benefits for employers, including aiding in hiring and retention, tax-advantaged contributions, and the ability to include all employees,...
by Kaely Christensen | Jun 19, 2023 | Human Resources
Hiring employees for your small business can be a difficult and time-consuming process. Successful efforts to win over employees can require an investment of time and carry high costs. Unfortunately, small businesses often don’t have an excess of resources to invest...