January 3, 2023
Congress passed an omnibus government funding bill at the end of 2022 titled the Consolidated Appropriations Act of 2023 to avoid a shutdown. One of the provisions affects HSA telehealth services by again extending HSA relief to consumers with High Deductible Health Plans (HDHPs). Consumers can receive first-dollar telehealth and remote care services and not …
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 …
September 27, 2022
As most of you are aware, there is a large labor shortage in our market due to the pandemic and many other situations. When you look at the different industries; transportation, manufacturing, education, health care, and social assistance have been impacted the most and have the largest amount of job openings. On average these industries …
September 6, 2022
Whether you’re a private equity professional, acquisition entrepreneur, or any other professional investor, you understand the need to measure every dollar in a business and make sound, strategic, data-driven investment and operational decisions. And if you’re looking to grow and scale a business, one of your primary concerns is human capital. How are you getting …
August 30, 2022
As many would agree, the biggest asset a company can have is healthy employees. The million-dollar question is what you, as the employer, can do to create and promote the correct environment to nourish your employees. For starters, implementing the correct wellness program for your employees is key. The questions we see as advisors are; …
August 24, 2022
So, you’re thinking about self-funding your health plan, or maybe you have a self-funded plan but you’re not quite exactly sure how it works. Good news for you! Welcome to the LBL Group’s Self-Funded Health Insurance for Dummies, a FAQ for self-funding your health plan. We’ve collected the information below as a quick reference guide …
August 12, 2022
Respondents to the latest State of HR report list burnout as the greatest consequence of the pandemic. In fact, the Great Resignation lingers, in part, because the burnout has gotten worse. Now, companies are facing inflation, the yanking of job offers, and the possibility of layoffs. While they are tightening their belts and being far more cautious, their workers …
July 19, 2022
… Late night when you need my love (emotional support) The new 988 mental health hotline is live: 988 is the new three-digit number that routes callers to the National Suicide Prevention Lifeline. The number went live on July 16th and replaces the longer 1-800 273-TALK number. NPR put out a good write-up on the background of …
July 11, 2022
American workers are notorious for being workaholics. In fact, The Center for Economic and Policy Research has gone so far as to call the U.S. the “No Vacation Nation.” Deciding you need a vacation may feel indulgent but in reality, it is a crucial key to our overall health. Why do you need to take …
July 5, 2022
Employers today are purchasing digital health benefits for employees across a number of areas of health, and you may be looking to create or add to your digital health offering at your company. But it’s hard to narrow your focus today because there are so many choices across so many areas of health. Let’s look …
