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Broker Compensation Disclosure: The CAA Pushes for Reasonable & Transparent Compensation

December 13, 2022

Late last year, the new Broker Compensation Disclosure law went into effect to add transparency to the broker/client relationship. It’s part of the 2021 Consolidated Appropriations Act, which included the No Surprises Act, among many other things. What is the Broker Compensation Disclosure? The CAA requires brokers and consultants who provide employee benefits services to disclose their …

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Tis the Season for Holiday Wellness

December 12, 2022

The holidays are often the busiest time of the year for a lot of people which can make it hard to stay mentally and physically healthy.  With a little intentionality and understanding, you can fully enjoy the holidays while keeping your health in mind. 6 Tips to Make Your Holidays Brighter: Get Enough Sleep Sleep …

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Prescription Drug Reporting: Consolidating the Takeaways

December 5, 2022

Listen up everyone! The following is an outline of the new required drug reporting law and how you as an employer, provider, or producer are impacted whether self-funded or fully insured.  The law requires group health plans and health insurance issuers offering group or individual health insurance coverage to annually submit to the Departments of …

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Achieving Healthy HR: Thoughtful Compensation

December 5, 2022

The pandemic and job market have made it difficult for employers to attract and retain talent, negatively impacting operations and profitability. Mineral’s Healthy HR framework shows you what companies with high productivity, morale, and engagement have in common. The Healthy HR framework is built on performing well on all four of the following pillars: thoughtful compensation and benefits, …

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What Employees Want: Praise and Recognition

November 29, 2022

“What gets recognized gets reinforced, and what gets reinforced gets repeated.” -Unknown In today’s ultra-competitive work environment, the companies with the winning edge are the ones that have the best-trained and well-skilled staff. However, even the best employees cannot perform well (or may even jump ship) when they are not motivated enough. Praise and recognition …

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Year-End Update for Employers on New 2023 Workplace Regulations

November 28, 2022

California has enacted a number of new laws on employers and how they run their workplaces. Most of those listed below take effect on January 1, 2023. This list is by no means exhaustive, so check with your labor counsel for a full perspective on the ramifications for your business. If you have questions for …

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The Holiday Stress

November 22, 2022

The holidays can be very stressful for many, 64% of respondents to a NAMI survey said their mental health worsened around the holidays. The holidays can be a lonely and anxious time for many. Also, as inflation worsens and the cost of living increases the stress of gift-giving, groceries, travel expenses etc. can heighten this …

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What You Need to Know About Diabetes

November 18, 2022

Diabetes is increasing at an alarming rate in the United States. According to the CDC’s (Centers for Disease Control) National Diabetes Statistics Report for 2020 cases of diabetes have risen to an estimated 37 million (or 1 in 10 people in the U.S.).  November is National Diabetes Month and is a great time to bring attention to this …

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Takeaways from the 2022 KFF Employer Health Benefits Survey

November 14, 2022

Kaiser Family Foundation (No affiliation with Kaiser Permanente) released its 24th annual survey of trends in employer-sponsored coverage. This survey is a great resource for benefits and financial professionals to better understand what’s happening in the employee benefits space, particularly among premiums, employee contributions, cost-sharing provisions, offer rates, wellness programs, and employer practices. Increased cost …

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Engagement Across All 5 Generations in the Workforce

November 8, 2022

The first step to creating a great culture with ample amounts of engagement is knowing your workforce. Currently, there are 5 generations in the workforce: Traditionalists, Baby Boomers, Generation X, Millennials, and Generation Z. Each has a unique management style and looks for different benefits from their company. Below is an overview of what each …

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