Business

24
Oct

Identifying the Main Differences Between Personal and Commercial Auto Insurance

How commercial auto insurance protects your business. If you own a car, then you know that you need to secure car insurance.  Well, the same goes for your business.  If your company owns and operates vehicles, then you need to secure commercial auto insurance to protect your company cars and the employees that drive them.  But what makes commercial auto

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17
Oct

How Medicare Changes Will Affect Nursing Homes and Home Healthcare

Understanding the effect that Medicare’s new payment model has on skilled-nursing facilities. On October 1st, Medicare enacted its new Patient Driven Payment Model (PDPM).  This model changes how skilled-nursing facilities are paid under Medicare by moving away from a reimbursement system based on the volume of therapy services a patient receives.  Under PDPM, reimbursement will be based on the patient’s

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26
Sep

Which Employee Benefits Influence Worker Job Decisions the Most?

Workers consider healthcare coverage a more attractive employee benefit than 401(k)s. Currently, the U.S. is suffering through a retirement crisis where millions of employees lack the savings and assets to retire comfortably.  Given this, you would assume that employers offering 401(k)s would be sought after by workers looking for a new job.  However, survey data shows that workers are actually

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19
Sep

Strategies for Safeguarding Your Business’s Digital Assets

Take these steps to protect your business’s online information. For business owners, the idea of a major cyber attack is enough to make their blood run cold.  This is because recent cases have shown just how devastating cyber security breaches can be for a company.  While a large corporation might have the resources to cover the losses associated with a

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12
Sep

Protecting Your Home Health and Assisted Living Facility with Abuse Insurance

Understanding what abuse insurance can do for your home health agency, assisted living facility, or nursing home. Any organization that provides care or services for vulnerable populations is at risk for claims of abuse.  This risk is particularly worrying for businesses that are dedicated to caring for the sick, disabled, and elderly.  While you can take precautionary measures to reduce

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29
Aug

Breaking Down 3 Misunderstood Types of Commercial Insurance

Here are some of the most commonly misunderstood business insurance policies explained in more detail. As a business owner, you know that you are responsible for securing insurance for your company.  However, the commercial insurance market can be overwhelming with all the options and carriers out there.  To make matters worse, many business owners attempt to navigate the market with

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22
Aug

What Small Businesses Need to Know About EPLI

Why your small business needs the protection offered by EPLI. While most small business owners know how important it is to secure the right commercial coverages, many only think about general liability, commercial property, and workers compensation insurance.  However, there is actually a wide variety of business insurance in Detroit, Michigan that can protect against your company’s specific risks. One type of

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15
Aug

What to Know About New HRA Expansion Rule

Learn how the new HRA final rule offers employers and employees new opportunities. On June 13, 2019, the Department of Labor, the Department of Health and Human Services, and the Treasury Department issued a rule that expands the use of HRAs (health reimbursement arrangements) in the workplace.  The rule creates two new types of HRAs (individual coverage HRAs and excepted

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25
Jul

The Benefits of Establishing a Solid Return-to-Work Policy

How establishing a return-to-work program will help your business’s bottom line. As an employer, one of the last things that you want to deal with is an employee injury.  Unfortunately, inadequate handling of workplace injuries can mean that employees are absent far longer than necessary.  To make matters worse, the longer an employee is out of the workplace, the less

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2
Jul

Understanding New Opinion Letter Regarding the Family and Medical Leave Act

Learn about the DOL’s new opinion letter on the FMLA. Recently, the DOL (Department of Labor) announced the introduction of an opinion letter regarding wage and hour compliance with the Family and Medical Leave Act (FMLA).  The opinion letter (FMLA2019-1-A) lays out the DOL’s official written opinion on employers’ obligation to designate FMLA.  Curious to learn about DOL’s new opinion

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