Resources
Plain-language guides on group health, renewals, broker fees, compliance, and the benefits your employees actually use.
When it comes to providing health benefits, businesses today face crucial decisions in selecting the right funding model. For many, the choice between level-funded vs self-funded plans is key. Both plans offer unique benefits that cater to different business needs and budgets, but understanding these differences is essential for making the best choice for your
Balancing employee contributions to health insurance is essential for fair and affordable coverage. Learn the factors that determine how much does health insurance cost for employees. Determining how much employees should pay for health insurance is a critical consideration for businesses today. With health insurance premiums rising, companies must find a balance that offers affordable
Short-term disability insurance in Texas replaces 50% to 70% of your income for 3 to 6 months when an illness, injury, or pregnancy keeps you from working. Texas doesn’t require employers to offer it — but for the businesses that do, it’s one of the most-used benefits in the package. Here’s how it works, who
The Consolidated Omnibus Budget Reconciliation Act (COBRA), enacted in 1986, is a crucial federal law designed to help employees retain their health insurance coverage after experiencing qualifying life events such as job loss, reduction of work hours, or other personal changes. It provides an essential safety net for individuals who need to temporarily maintain their
Debt is a common struggle for Americans, with millions facing financial challenges that seem insurmountable. But what is the number one cause of debt in the United States? It’s a pressing question that deserves careful exploration, especially when it directly impacts the lives of so many people. In this article, we will dive deep into
The landscape of workplace health insurance is shifting, and one option is gaining prominence: high deductible group health insurance plans. Both employers and employees are increasingly gravitating toward these plans, which offer lower premiums in exchange for higher deductibles. But why are these plans becoming the standard in so many workplaces? The answer lies in
A Third-Party Administrator, or TPA, plays a crucial role in the world of employee benefits and insurance management. Businesses and organizations rely on TPAs to handle the intricacies of claims processing, compliance, and benefits administration. But what exactly is a TPA, and why is understanding what is a TPA? so important for your business? As
Open enrollment—the annual opportunity for employees to review, update, and adjust their benefit plans—is one of the most important periods for both employees and employers. Despite its significance, many individuals and businesses overlook or rush through this process, which can have far-reaching consequences. Failing to thoroughly review benefits during open enrollment can lead to unexpected
A new broker will not change the rates your carrier quotes — those come from your own claims history. Here is what actually moves a Texas employer’s group health premium, and how to tell whether your broker is working those levers.
Supplemental insurance is a powerful tool that helps bridge the gaps left by traditional health coverage, providing financial security when unexpected medical expenses arise. Whether it’s accident, critical illness, or hospital indemnity insurance, supplemental plans offer crucial protection against out-of-pocket costs like deductibles and co-pays. With trusted providers like Colonial Life, you can choose flexible, portable policies that cater to your specific needs, ensuring peace of mind and comprehensive coverage. Learn how supplemental insurance can safeguard your health and wallet, while providing valuable protection for individuals, families, and businesses alike.
