Posts by Joseph
Tips to Managing PEO Costs
Tips To Managing PEO Costs Presented by The Medical Link Professional Employer Organizations (PEOs) can be a game-changer for businesses looking to streamline HR functions, manage payroll, and access cost-effective employee benefits. However, without the right approach, companies can end up overpaying on insurance premiums and administrative fees. This is where working with a knowledgeable…
Read MoreThe Modern Health Insurance Broker: What They Should Be Doing for Their Clients
The Modern Health Insurance Broker: What They Should Be Doing for Their Clients Presented by The Medical Link Health insurance can be a confusing maze, and that’s where a great broker comes in. In today’s fast-changing healthcare world, a modern health insurance broker does much more than sell policies. They’re trusted advisors, problem-solvers, and strategic…
Read MoreHealth Insurance Costs Set to Surge at Highest Rate in Over a Decade: 3 Solutions That May Work For Your Company
Presented by The Medical Link Navigating the realm of employee healthcare can be a challenging task for small businesses. According to PwC’s Health Research Institute (HRI), Medical trend increases are expected to go up by 8% year-on-year in 2025 for the Group market and 7.5% for the Individual market. This would be the highest increase…
Read MoreWhat’s Really Going on with PBMs, and the Johnson & Johnson and Wells Fargo Lawsuits?
Presented by The Medical Link Let’s dive into the healthcare lawsuits that have been making waves lately—specifically, those involving PBMs, Johnson & Johnson, and Wells Fargo. They seem reminiscent of the 401(k) issues employers faced in recent years. It feels like everywhere you look another company is facing a lawsuit over questionable practices. But what’s…
Read MoreUnlocking Success: The Benefits of a PEO for a Company Entering The US
Unlocking Success: The Benefits of a PEO for a Company Entering The US Expanding business operations into the US market is a strategic move that presents both exciting opportunities and daunting challenges. Each state in the US has its own rules and regulations adding to the complexity of beginning US operations. Managing payroll, benefits,…
Read MoreThe Hidden Costs of Prescription Drugs: An Examination of Pharmacy Benefit Managers
Have you seen the recent New York Times article, “The Opaque Industry Secretly Inflating Prices for Prescription Drugs”? This eye-opening piece by Rebecca Robbins and Reed Abelson reveals how pharmacy benefit managers (PBMs) are significantly driving up the costs of prescription drugs for millions of Americans, employers, and the government. What Are PBMs? Pharmacy Benefit…
Read MoreShould Companies Invest in the Mental Health of Their Employees?
Should Companies Invest in the Mental Health of Their Employees? Absolutely, investing in mental wellness for employees is not just a nice-to-have perk anymore; it’s becoming an imperative for businesses. Think about it like this: when your employees are mentally healthy and thriving, your whole company can reap the rewards. First off, let’s talk…
Read MoreUnlocking Benefits: Exploring the Advantages of Medical Insurance Captives
In the world of healthcare, staying on top of risk isn’t just about balancing the books—it’s about ensuring patients get the care they need without breaking the bank. With the spotlight on traditional insurance models, many healthcare companies are exploring new avenues, like medical insurance captives, to take the reins on their coverage. Let’s dive…
Read MoreWhy Small and Mid-Size Businesses Should Partner with PEOs.
Why Small and Mid-Size Businesses Should Partner with PEOs Is your organization spending countless hours on compliance paperwork, HR tasks, and dreaming of having more time to focus on growing your business? Luckily, there is a solution where you can achieve this while also improving your employee benefits package. Professional Employer Organizations (PEOs) are the…
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