Our nation’s healthcare system will become much more strained as the Baby Boomer generation (born between 1946 and 1964) passes retirement age, and the need for home healthcare services will rise dramatically. The population eligible for Medicare in the U.S. in 2000...
Is a Large Deductible Plan Right For Your Client?
A Workers’ Compensation large deductible plan provides the same coverage as a guaranteed insurance plan – in fact, it is a guaranteed insurance plan with a special deductible endorsement. The deductible size for these plans generally ranges from $100,000 to $1,000,000...
3 Benefits of Pay-As-You-Owe Workers’ Comp Plans
When you secure a Workers’ Compensation policy, premiums are determined by a company’s annual estimated payroll, which often ends up being inaccurate. It leaves many business owners needing a refund for overpayment or having to pay extra when they close out the year;...
Stay Cool, but Not TOO Cool: Protecting Workers From Cold Stress
Promoting workplace safety has the dual benefit of protecting employees and simultaneously reducing the risk of Workers' Compensation claims. Improved safety procedures also lessen the frequency and expense of Workers’ Compensation claims. When insurance agents...
Workers’ Compensation Cannabis Class Code Roulette
Determining the proper classification for cannabis businesses is not one you want to take a gamble on. If you bet on a specific class code and it isn’t accurate, your client could suffer significant premium penalties at the time of an audit or worse – costly coverage...
How To Cultivate Your Budding Cannabis Clients
It’s challenging to keep up with the ever-evolving commercial insurance needs of the cannabis industry. Laws are changing – new business types and applications are entering the marketplace – classifications have blurry lines - and insurance coverage needs are a...
Bouncing Back: Why Your Client Needs A Return To Work Program
Return to work programs are critical for protecting businesses from exposure and ensuring a clear path forward for injured workers. Without a Return to Work (RTW) program, your client risks major expenses from compensation claims as well as the loss of talented team...
5 Tips for Keeping Your Team Safe In Hot Outdoor Conditions
Each year, thousands of workers experience injury and illness caused by high temperatures and sun exposure. While some cases are minor, heat rashes and strokes can represent a major health risk for outdoor workers. Agents should advise their clients to seriously...
AB 5, the ABC Test, and What They Mean For California Businesses
On July 1, 2020, the workers comp and payroll obligations of California Assembly Bill 5 (CA AB 5) will come into effect. Here's what you need to know: 1- What is AB 5 and what is its purpose? AB 5 was signed into law by the CA governor in September 2019 and goes into...
Six Ways Leaders Promote Workplace Safety
According to a 2018 report from Liberty Mutual, businesses pay billions in direct costs every year due to workplace injuries. When it comes to safety compliance, your team follows your lead. As a leader, you must stress safety in words and action. An effective...
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