Healthcare Advisor

Understanding Mental Illness in the Workplace

Many Americans suffer from mental illness – and this includes many of the employees at your company. In fact, nearly 43.8 million Americans deal with mental illness each year. Because mental illness is so prevalent, it’s imperative that all employers understand the rights of workers dealing with mental health issues. ADA Protections According to the U.S. Equal Employment Opportunity Commission, employees struggling with mental illness are granted rights under the Americans with Disabilities Act (ADA). These rights include the following: Workers cannot be harassed or discriminated against due to mental... Read More

Are Mental Health Treatments Covered by Health Insurance?

According to State of Mental Health in America 2018’s report, more than 40 million Americans have a mental health condition. That’s why getting help when you have a mental health condition is really important, however, many people don’t know that they may have coverage for mental health treatment on their current health insurance plan. Although not all health plans are required to offer coverage for mental health treatment and services, many employer group insurance health plans do offer the coverage since health care reform. It is important to understand what... Read More

Help Your Employees Struggling with Addiction to Get FIT

Today, millions of people struggle with a substance use disorder that can adversely affect every aspect of their lives, including school, community, and work. An employee who suffers from addiction, or has a loved one who is impacted, can unwittingly drive hidden costs and challenges for employers. Lost productivity, absenteeism, injuries, fatalities, theft, and low employee morale are some of the most common issues related to addiction. Some other consequences are increased health care costs, human resources issues, legal liabilities, and workers’ compensation costs. Your employees are your greatest asset.... Read More

Why Small Businesses Should Consider Level-Funded Health for Their Employees

Recently, insurances companies, like United Healthcare, returned $1.1 billion in premiums to policyholders under the Affordable Care Act. Workers were notified in form letters from insurers this month that a “rebate” had been sent to their employer, who “must follow certain rules in distributing the rebate to you.” But even when employees paid a significant share of the premium, many employers are still deciding how, when or even whether to share the cash. The law gives employers up to three months and considerable discretion to decide how to spend the... Read More

What Top Workplace Wellness Trends Employers Should Focus on in 2019

While most companies provide basic benefits like health insurance to their employees, some are taking things up a notch by providing extra benefits, like access to on-site gym facilities or healthy snacks in the break room. While these benefits are valued and supported by employees, many companies are still underestimating the importance of having healthy employees. Every aspect of a person’s health, from their physical, mental, even financial health, affect their performance at work. Though losses from poor employee health might not always be obvious to employers, they are nonetheless significant.... Read More

Why You May Want to Consider Investing In Level Funded Health Plans for Your Employees

Whether big or small, enrolling in employee health coverage for your staff is an important component of running your business. However, often times smaller companies have had a difficult time obtaining affordable coverage since the Affordable Care Act, or ACA, was initiated. While some small businesses have found ways to cover their employees, others still struggle to provide sufficient health plans. Good news. There is a way around this problem for small businesses and even bigger companies. They’re called level funded health plans and they’re designed with the small business... Read More

The ‘Benefits’ of Accident Insurance and How It Can Supplement Your Health Insurance Policy

Do you know what benefits you are entitled to if you have an accident insurance policy? Let’s break things down… an accident insurance policy pays out a lump sum if you incur specific kinds of injury as a result of an accident. Similar to, but legally distinct from health insurance, accident insurance complements disability insurance by allowing you to claim benefits even if the injuries you incur do not keep you out of work. Accident insurance may also complement health insurance if an accident causes you to have medical expenses... Read More

New Year, New Broker. How a Great Insurance Broker Can Make All the Difference This Year

As we ring in the New Year, it’s time to be resolute about making healthy changes in our lives and our relationships – even our professional ones.  Is it time to reconsider the current relationship you have with your broker? The fact is, a subpar relationship with a benefits broker can cause employers to overlook opportunities to manage costs and improve employees’ satisfaction with their benefits package. If you decide to hire a new broker, preparation is key. An employer that understands the needs of their workforce and has a... Read More

How Paying It Forward is Good for You and Your Business

The altruistic act of paying it forward – performing a good deed for someone, without any expectation of repayment — long ago became something more significant in the corporate realm. The idea of a community-minded company, of a company with a conscience, dates back to at least the 1950s, when business started looking for ways to live up to their responsibilities and do good deeds for society. By the 1990s the idea of corporate social responsibility (CSR) became universally recognized, but it wasn’t until the 2000s that it was an important strategic... Read More