The year 2020 has been a year like none other and like many people, it is understandable if you might find yourself losing track of time. This year, the open enrollment period for the Affordable Care Act/Public Marketplace for 2021 begins Sunday, November 1 and runs through Tuesday, December 15, 2020. If you do not […]
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It’s Employee Benefits Versus Employee Turnover In Tomorrow’s Job Market
With millions out of work and hiring way down, many businesses have switched to emergency mode. Rather than get used to a “buyer’s market,” however, companies should remain alert to the long-term trends that will continue to shape hiring and retention as the economy normalizes. In coming years, companies will see a tug-of-war between employee […]
Yes, You Need Self-Employed Health Insurance
Being your own boss, whether you are a sole proprietor, an independent contractor, or a freelancing gig worker does have its benefits. However, one benefit that you do not have the option for health insurance through an employer provided health plan. As recent unprecedented events have shown, you cannot take your or your family’s health […]
The Cost Of Employee Benefits In 2020 And Beyond
Employee benefits represent a major investment your business has to make. The cost of benefits will tend to increase every year, with each person you bring into your business multiplying those costs. That’s why employee benefits are one of the biggest focus areas for cost reduction. Large businesses can save millions of dollars by taking […]
How Politics And The Pandemic Are Affecting Employee Benefits
Everyone is wondering how the world of employee benefits is going to change as a result of today’s unprecedented public health situation. Millions of Americans have lost employer-based coverage as they struggle with a contracting economy driven by the coronavirus threat. Two major factors are shaping the future of employee benefits as we know them: […]
How 1099 Contractors Can Save on Health Insurance with HDHPs
As a 1099 contractor, you work for yourself. This brings many advantages for you, and freedoms many traditional employees do not enjoy. On the other hand, it usually means that you need to fend for yourself when it comes to health insurance. The options may look daunting–and expensive. Before you dive into a traditional group […]
Health Insurance Options for Small Business Owners
If you own a small business, your choices for health insurance can seem confusing. The Affordable Care Act requires companies with 50 or more employees to offer insurance. Even if you have fewer employees, though, offering coverage can help you attract better employees and protect their health over time. Understanding your options can help you […]
Understanding Your Health Insurance Options As An Independent Contractor
The Affordable Care Act arrived with great fanfare. It has enabled millions of uninsured and under-insured Americans to access health insurance. However, independent contractors and small business owners have often found themselves facing the greatest difficulties. For some, securing a healthcare plan and other employee benefits has gotten harder, not easier. Businesses with fewer than […]