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Are Your Employees Asking About Weight-Loss Drug Coverage? They Will Be…

Viewpoints from Craig Hasday The press is full of headlines, fueled by celebrity endorsements, about the new miracle glucagon-like peptide 1 (GLP-1) weight loss drugs: Ozempic, Wegovy, and Mounjaro – and guess what? They work, with reports of as much as 15% of body fat loss achieved over a year or less. As we all know and have been preaching in our wellbeing initiatives, obesity poses significant health risks and financial burdens for individuals and employers alike. The average cost of GLP-1 weight loss medications, such as Ozempic, is approximately $14,000 per year. We also know that …

https://www.epicbrokers.com/insights/weight-loss-drug-coverage-viewpoints/

Market Pulse Survey: Trends in Wellbeing & Health Management

How does your company address social health factors and an uncertain job market through wellbeing programs? Take our Trends in Wellbeing & Health Management survey to see how other companies are addressing this challenge Employee health status can impact work performance, safety, and workplace morale. Building a healthy, happy and productive workforce is more critical than ever in our current job economy. Recent corporate wellbeing trends indicate talent retention is preferable over recruitment, financial and digital wellness are still on the rise, and mental health is here to stay. This EPIC Wellness survey approaches wellbeing strategies through the lens of Social …

https://www.epicbrokers.com/insights/market-pulse-survey-wellbeing-health-management-trends/

Employer Communications May Prevent Millions in Employee Forfeiture from SFCO Funds

San Francisco’s City Option Holds Millions in Unused Funds The San Francisco City Option (SFCO) was established in 2008 to provide employers with a way to comply with San Francisco’s Health Care Security Ordinance (HCSO). The HCSO requires employers with 20 or more employees, and nonprofit employers with 50 or more employees, to pay a per-hour healthcare expenditure for each covered employee. Employer contributions to the City Option provided covered employees a way to pay for certain qualifying medical expenses, including insurance premiums. Once the account was opened and after the initial payment was made, employers were …

https://www.epicbrokers.com/insights/employee-forfeiture-sfco-funds/

Way to Wellness Newsletter | July 2023

Succeed with a Team! In group environments, when one member wins, they all win. Individual success is always sweeter when we have peers, family, and friends to share it with. As you think about your company’s culture, do your managers and leaders promote collaboration, innovation, and teambuilding to help promote personal, team, and organizational success? Creating a positive, motivating group helps us hold ourselves accountable and does wonders for achieving greatness. Build a team that succeeds – put together your dream team! Copy the Employee-Facing Email Creating Your Dream Team Download the Word file, then copy and paste the …

https://www.epicbrokers.com/insights/way-to-wellness-newsletter-july-2023/

Healthcare Costs Are Rising – How Will You Prepare?

Viewpoints from Craig Hasday COVID-19 surely did one thing – it caused dramatic suppression of medical claim costs and for at least two years, medical “trend” disappeared. In 2023, we got a taste of trend bounceback. Inflation, new technologies, and new medications created a triple whammy, which may even have been triggered by the deferral of care during the pandemic. My advice is to strap in – a firestorm is coming. No doubt there has been growing concern about the emergence of significant, potential large claim liability driving up healthcare costs for all sizes of employers. According to the Centers for …

https://www.epicbrokers.com/insights/rising-healthcare-costs-prep/

Compliance Matters Newsletter | June 2023

Let our team help you navigate the ever-changing benefits compliance landscape each month. Check out this month’s latest alerts, additional updates, and resources – hot off the press: Employee Benefits Compliance Alerts DOL Life Insurance Settlement Is a Warning to Plans and Issuers A recent settlement requires Prudential to revise certain practices after an investigation found that the company collected life insurance premiums through employer payroll deductions from participants but denied claims for lack of participant evidence of insurance. As part of the settlement Prudential must notify plan sponsors of these new corrective actions and requirements moving forward. Multiple …

https://www.epicbrokers.com/insights/compliance-matters-newsletter-june-2023/

EPIC Bolsters Private Client Leadership Team on West Coast

Kevin Daley Joins the EPIC Team Adds over 25 years of experience in commercial and personal lines in both the insurance carrier and broker spaces. EPIC has added Kevin Daley as President, Western Region Private Client Leader. The addition of Daley, who has more than 25 years of experience in the insurance industry, underscores the brokerage’s commitment to the private client segment and growth in the Western region. “We are excited to welcome Kevin to our national private client management team,” said Tim Brenneman, President and Private Client Practice Leader. “We have already made great strides with our client …

https://www.epicbrokers.com/insights/kevin-daley-joins-epic/

Way to Wellness Newsletter | June 2023

Tech Neck – and How to Avoid It! “Tech neck” or “text neck” has become an increasingly common condition. It’s triggered by keeping the neck flexed forward for hours, typically while texting or scrolling on a mobile phone or tablet, or after prolonged computer use. Encourage your employees to adopt healthy sitting positions and desk stretch breaks to help cut back on neck and shoulder pain: Copy the Employee-Facing Email Do You Have Tech Neck? Download the Word file, then copy and paste the graphic and text into a fresh email to deploy to your workforce. Post the Monthly …

https://www.epicbrokers.com/insights/way-to-wellness-newsletter-june-2023/