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 MoreHave 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? 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 MoreIn 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 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…
Read MoreWhat is Captive Insurance? Today we will be exploring captive insurance in more detail as a follow-up to last month’s blog. Before explaining why captive insurance programs are trending upwards, let’s review some basics. A captive is a way to add an extra layer of protection and reduce premiums compared to the traditional self-insured…
Read MoreAs Healthcare costs continue to outpace inflation, insurance premium increases have become a major concern for all businesses. If you are a mid to large employer though, you are most likely eligible for some of the top cost-containment strategies available in employee benefits. Different forms of self-funded insurance plans have become the biggest talking point…
Read MoreCan small to mid-sized businesses self-fund health insurance? The answer is YES – via the stepping stone model called Level Funding A trend in group health insurance solutions called Level Funding is growing in popularity. It enables small to mid-sized companies to get the savings and levels of protection previously only available to very large…
Read MoreHave you been struggling with HR tasks and managing multiple systems and vendors? If so, a Professional Employer Organization can be your one-stop solution. The market is bustling with innumerable options, and finding the best fit isn’t an easy task. And if you are currently in a PEO, getting out can be just as…
Read MoreRegardless of how long you’ve been a business owner, it’s no secret that running your own company is no easy task, especially in the medical field. You have so much on your plate in addition to typical administrative tasks, and trying to organize it all and give it the time it deserves is tricky. That’s…
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