Is Your Life in Transition? Healthcare Reform too expensive?…

Posted on April 1, 2014 by fpmadmin

Discover a short term health plan solution that fits your situation.

 

Short Term Medical Plans are health plans designed to bridge gaps in coverage for individuals and families in times of transition.1 Because we know that life can change quickly, our short term insurance plans give you the flexibility to drop your coverage at any time without penalty; or apply for another term of coverage.3 Based on your needs, you can select the length of time (1 to 11 months in many states) and from a range of available deductible amounts.

  • Recent Grad – Waiting for a new job’s health plan to kick in? Check out your options.
  • Current Student – Whether it’s a car accident or the flu, make sure you’re covered during college.
  • In-between Jobs Health Plans – Perhaps your employee benefits haven’t started. Or maybe your job is seasonal. You have choices.
  • Waiting for Medicare – Retiring early may open a gap in health coverage. Consider a temporary insurance plan.
  • Temporarily Unemployed – A short term health plan can serve as a COBRA alternative. Get details today.2

Temporary insurance plans are usually more affordable than traditional individual health coverage. Take a few minutes to check out our short term insurance quotes and see for yourself! Don’t forget to explore our prescription drug discount cards and prescription drug copay coverage, too.

1 Short term health insurance does not meet minimum essential coverage requirements, meaning signing up for this coverage will result in a tax penalty. 2 Personal insurance is not the same as COBRA, so review your COBRA information carefully. Failure to elect and exhaust COBRA coverage will eliminate HIPAA eligibility. You may have additional rights under state law. 3 Some states excluded. 
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ASPCA® Pet Health Insurance

Posted on February 22, 2014 by fpmadmin

We know your pets are part of the family. That’s why we want to help you give them the quality veterinary care they deserve with ASPCA Pet Health Insurance.

The cost of veterinary care continues to rise as more sophisticated treatments become available for pets. To help you avoid a tough financial decision about your pet’s health, we’ve chosen to offer ASPCA Pet Health Insurance to help you manage these costs. For less than 50 cents a day,* you can cover your pet for unexpected accidents!

You can also cover your pet for illnesses and even wellness care. With 4 increasing levels of coverage, it’s easy to select the plan that best fits your needs and budget.

 Downloadable PDF Brochure 

With ASPCA Pet Health Insurance, you can:

  • Visit any licensed veterinarian—including specialists—in the U.S. and Canada
  • Save with a 10% multiple pet discount, if you qualify+
  • Submit claims easily and track them online

Best of all, you can feel good about protecting your pet with ASPCA Pet Health Insurance, which was developed by the Hartville Group, Inc. with the ASPCA® to help pet parents afford quality veterinary care so their pets can live longer, healthier lives.

Please call us to learn more about protecting your pet today! You can also visit our weblink to get a free quote and enroll in minutes. Or learn more by calling the friendly pet insurance representatives direct at 1-877-343-5314. Be sure to mention priority code APPLM2A for special assistance!

This is valuable protection for your furry family members, and we encourage you to enroll. We look forward to hearing from you!

*Note: Additional premiums may apply to certain breeds, metropolitan areas and ages.
+Applies to base plan premium, excluding Level 1.
This is not a complete description of all coverage terms, conditions, and limitations; see your plan for a full description. Issuance of coverage is subject to underwriting. Rates and coverage are subject to change.
ASPCA Pet Health Insurance is underwritten by the United States Fire Insurance Company and administered by Petsmarketing Insurance.com Agency, Inc., a subsidiary of the Hartville Group, Inc. The pet insurance programs are offered by the Hartville Group, Inc., not the ASPCA. The Hartville Group, Inc. is a licensed strategic partner of the ASPCA. In exchange for use of the ASPCA® trademarks, the ASPCA is paid a royalty fee of up to 10% of the purchase price, with a minimum of $1.95 million to be recognized over at least three years.
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Experience Rating to Get Back to Basics

Posted on September 5, 2013 by fpmadmin

ABCs of Experience Rating

I feel the following topic is of importance to all business owners. If you’re interested in staying competitive in today’s economic market, this information can be very useful.  As always, please call or e-mail me if you’d like to learn more.

Access the ABCs of Experience Rating  brochure for a helpful and straightforward explanation.

This brochure offers a detailed explanation of experience rating and how it affects your workers compensation costs. It also explains what data is used in experience rating and how a mod is calculated. Revised in 2016.

You’ll discover essential information, such as:

• Purpose and benefits of experience rating

• How the Experience Rating Plan operates

• Qualification for experience rating

• Definitions of intrastate and interstate modifications

• Types of statuses—Preliminary, Final and Contingent

• How the experience modification affects premium

• Components and calculation of the worksheet

• Ownership changes that affect experience rating

National Council on Compensation Insurance, Inc., based in Boca Raton, FL, manages the nation’s largest database of workers compensation insurance information. NCCI analyzes industry trends, prepares workers compensation insurance rate recommendations, determines the cost of proposed legislation, and provides a variety of services and tools to maintain a healthy workers compensation system.

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Professional Liability Update – Understanding “Claims-Made” Insurance

Posted on February 18, 2013 by fpmadmin

This article was recently shared in a newsletter from our friends at Employee Benefit Exchange.

I find it very educational for business owners’ when either setting up a new business liability policy or when evaluating a renewal on their existing policy.  This review can help make sure proper coverages are in place based on the company’s need criteria.

Click the link here to access the article – “Claims-Made” Insurance

As always, feel free to contact us to discuss these types of issues if of concern with your business.  We are pleased to help you.

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Protection of life, health, safety and welfare of Arizona’s most valuable assets

Posted on September 21, 2012 by fpmadmin

Welcome to the Industrial Commission of Arizona website.

The Industrial Commision of Arizona is the agency that administers and enforces state laws relating to the protection of life, health, safety and welfare of Arizona’s employees. This includes laws relating to workers’ compensation, occupational safety and health, payment of wages and child labor.

Required posters under the jurisdiction of the ICA are described below and can be downloaded from this website using the links indicated. Arizona law requires employers to post a number of notices, or “posters,” and each notice must be posted in a conspicuous place where employees will see it.

Information about required notices/posters under the jurisdiction of other state agencies can be accessed from the Governor’s website.

Additionally, workplace posters that are required for small businesses and other employers by the U.S. Department of Labor may be found here.

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LifeLock® Identity Theft Protection

Posted on January 21, 2012 by fpmadmin

We are pleased to announce this additional suite of products to our portfolio offering. For those employers that want to offer an added benefit to their company, LifeLock® offers more layers of security for greater levels of protection.

LifeLock® offers a full suite of products and identity theft protection services to help safeguard you and your employees.  Click on each category below to learn more about providing this valuable service to your business.

LifeLock® Products & Services

LifeLock® Difference

LifeLock® Benefit Solutions

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New Electronic Delivery Saves Time, Reduces Paper

Posted on November 21, 2011 by fpmadmin

This change supports an effort to reduce paper usage by distributing Experience Rating Worksheets (worksheets) to insureds electronically. All states in which the change was filed have approved it. The rule change took effect for worksheets produced on or after July 1, 2011. With this change, NCCI will be able to eliminate approximately 1 million hard copies of the worksheets that had been mailed to insureds annually.

NCCI will send a letter to the insured advising that its worksheet has been produced (instead of mailing the entire worksheet). The letter will provide directions for obtaining the worksheet online. Any future revisions of that experience rating modification will result in an automatic email to the insured, directing the recipient to the appropriate website.

If the insured chooses not to visit the website, the insured will not receive a worksheet or any revised ratings for that year. Every year, the insured will receive a letter advising that their renewal rating has been produced and is available online.

The switch to electronic distribution is based on requests from our customers who asked to eliminate their hard copy distributions in keeping with their companies’ green initiatives. This change allows NCCI to better support its own green initiatives and those of our customers as we work together to reduce paper usage.

National Council on Compensation Insurance, Inc. is the largest provider of workers compensation and employee injury data and statistics in the nation.

For additional information, please review our post on the ABCs of Experience Rating brochure for a helpful and straightforward explanation. Be sure to also view NCCI’s Webinars on Demand to learn more about experience rating and NCCI’s services and tools.

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Many Small Businesses Still Use Paper Checks for Pay?

Posted on August 31, 2011 by fpmadmin

It costs a business up to $2 to cut and process a hard-copy check vs. 35 cents or less for direct deposits.

  • A survey of U.S. small business owners reveals that 48 percent do not use direct deposit for payroll, forgoing several thousands of dollars in annual payroll savings, increased employee satisfaction and reduced environmental impact in comparison with issuing paper checks.
  • NACHA, a trade association of electronic payment vendors, surveyed U.S. companies with less than $20 million in annual revenue that use a business checking account most often for the company business. The online survey, completed by 2,249 small business financial decision-makers in early 2011, revealed that the top industries that do not use direct deposit into employee accounts for payroll purposes were:

• Repair and maintenance services (plumbing, pest control).

• Food services (deli, fast food, restaurants).

• Personal care services (hair, nail, spa).

• Retail (all types).

• Construction.

• Wholesale trade.

• Arts and entertainment.

• Real estate sales and rental/leasing.

• Agriculture, fishing and mining.

• Transportation.

The survey additionally revealed that:

• Of the 52 percent of organizations that use direct deposit for payroll, only 30 percent have 100 percent employee participation.

• 18 percent of small businesses with revenue between $10 million and $20 million still do not use direct deposit.

• Businesses with less than 75 percent salaried employees are most likely to not use direct deposit.

Savings Breakdown

According to NACHA:

• It costs a business up to $2 to cut and process a hard-copy check vs. 35 cents or less for direct deposits.

• A business with 25 employees would save at least $2,000 a year with direct deposit. A business with 100 employees would save at least $7,000.

NACHA and PayItGreen, a NACHA-led coalition that educates consumers and businesses about the environmental impact of choosing electronic payments, have created a calculator to reveal any business’ carbon footprint savings by switching to direct deposit.

SHRM Online – Society for Human Resource Management » HR Disciplines » Compensation» Articles 8/26/2011

 

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The Business Owner’s Playbook®

Posted on August 16, 2011 by fpmadmin

From the August EBX Newsletter

Whether or not you have just opened your doors to your new business, are established and growing, or are thinking of transitioning your business in the near future, we have a helpful guide for you. 

The book is published by The Hartford, who knows business. It is broken up into four segments:  The Emerging Company, The Growing Company, The Transitioning Company and Additional Information, such as structuring your company correctly and business resources on the web. 

At Employee Benefit Exchange, Corp., our primary goal is to encourage business start up and growth, while educating business owners and their employees with timely information. With that in mind, you may download a copy by going to www.ebxaz.com and clicking on to the tab that says Business Owner’s Playbook.

 Other topics that this book will address are: 

  • Finance
  • Comparing Healthcare Plans
  • Demystifying Business Insurance
  • Different Types of Trusts  

You might want to share the above link with someone you know who could benefit from its content. We do have a limited supply of hard copies of this booklet available if you would like one, please contact our office.

Sincerely,

Phil Bobadilla  – President, EBX

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IMG Travel Medical Insurance Video

Posted on August 8, 2011 by fpmadmin

Please view one of International Medical Group’s YouTube videos.

For additional information on select IMG products, brochures and to obtain a quote, please read our previous news post:  International Medical Insurance is Now Available

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