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Top 3 Risk Management & Benefits Solutions for Law Firms in 2021

… In a recent 30-minute webinar, we covered three solutions that will steer law firms toward success in another unpredictable year. The Three Solutions We Explored: Why Every Law Firm Should Consider a Health Plan Captive The Trifecta of Cyber Trouble Law Firms Face The Best Kept Secret in Executive Benefits In case you weren’t able to join us, we invite you to watch a recording of this webinar. PLAY RECORDING LAW FIRM FOCUS Our National Law Firm Practice features a team of professional liability and employee benefits consultants who are grounded in real-life, industry-based experience and …

https://www.epicbrokers.com/insights/top-3-risk-management-solutions-for-law-firms-in-2021/

EPIC Insurance Brokers & Consultants Acquires Pharmaceutical Strategies Group

EPIC announced today that it has agreed to acquire Pharmaceutical Strategies Group (PSG). The move incorporates the expertise and resources of the nation’s largest independent pharmacy benefit consulting firm into the EPIC Employee Benefits Consulting practice. As a strategic partner to self-insured employers, health plans and health systems, PSG is an experienced navigator of the complex drug pricing market, and generates more than $4.8 billion in drug cost savings for clients each year. “The opportunity to continue the next phase of our journey with EPIC is exciting,” said Dave Borden, PSG Founder. “For more than 25 years …

https://www.epicbrokers.com/insights/epic-insurance-brokers-consultants-acquires-pharmaceutical-strategies-group/

Law Firm Benefits, Risk & Insurance: 21 Predictions for 2021

2021 has kicked off with the promise of a new year. The events and changes of 2020 will have a lasting impact on the way law firms conduct their business this year and for the foreseeable future. While making predictions can be challenging in stable environments, the lasting impact of last year make it even trickier in 2021. The EPIC team of Law Firm Experts is taking on that challenge with our 21 predictions for what law firms should expect for their benefits, risk, liability, and changing workforce dynamics in 2021. Remote Working Working from home became the new normal …

https://www.epicbrokers.com/insights/law-firm-benefits-risk-insurance-21-predictions-for-2021/

Benefits Communications: Not Just for Open Enrollment

… survived another open enrollment season! There’s a natural surge of employee benefits communications around open enrollment (OE), but they shouldn’t stop there. Expanding your communication plan to help employees make the best use of their benefits throughout the year is a must – even more so in the current benefits climate. Viewpoints from Jodi Perry Do you know what your employees don’t know? Survey them to understand in what area of benefits they’re least educated. During OE, most employees spend ample time reviewing their medical benefit offerings but most probably don’t know they have an Employee …

https://www.epicbrokers.com/insights/benefits-communications-not-just-for-open-enrollment/

Employers Have Spoken About COVID-19 Vaccination

The news media, employers, the person on the street… just about everyone is talking about the COVID-19 vaccine. With the U.S. death toll approaching 500,000 and with the even more virulent and deadly U.K. variant of COVID-19 starting to spread through the U.S., it’s no wonder. Despite the shaky launch, President Biden has promised 100 million vaccines in the first 100 days of his presidency. While that seems like a lot, it only represents about 15% of the U.S. population. If you have been attentive to news media reports, Dr. Fauci, the …

https://www.epicbrokers.com/insights/employers-have-spoken-about-covid-19-vaccination/

Using Wellness Programs to Manage Conflict

2021 is finally here, but that doesn’t magically reset the events of 2020. We’re continuing to experience an unprecedented combination of changes and emotional fallout from COVID-19, the recent election cycle, and the ongoing social environment. Fuses are running short. Have you noticed you’re quicker to anger or to get annoyed by your coworkers? You are not alone. Viewpoints from Ayana Collins & Claire Letourneau Recognizing how internal and external factors play a role in workplace conflict is key to supporting employees, especially right now. We spend a significant amount of time resolving disputes over how to …

https://www.epicbrokers.com/insights/using-wellness-programs-to-manage-conflict/

Special Compliance Alert: Consolidated Appropriations Act, 2021 Expands Cafeteria Plan Flexibility

… another massive stimulus package to help American families cope with the crippling economic effects of the virus. The COVID-Related Tax Relief Act of 2020 (COVIDTRA) and the Taxpayer Certainty and Disaster Tax Relief Act of 2020 (TCDTR), which are included in the Continuing Appropriations Act, 2021 (CAA), include continued funding under the Paycheck Protection Program and Health Care Enhancement Act, further enhanced unemployment benefits, more loans to small businesses and another round of stimulus checks to be issued to most individuals earning under $87,000. In addition, the bill contains provisions that will impact employers who sponsor cafeteria plans

https://www.epicbrokers.com/insights/special-compliance-alert-consolidated-appropriations-act-2021/

Know, Feel, Do: Helping Employees Make the Decision That’s Right for Them

As we approach the end of a tumultuous year, our clients and their employees are facing additional changes and critical decisions that may (at least temporarily) add disruption and stress. Questions around the COVID-19 vaccine and how the company will “return to work” once the pandemic has subsided are just two issues keeping HR folks awake these days. Viewpoints from Bob Simpson Businesses often try to inundate their employees with as much information as possible, assuming this will help everyone reach the same conclusion. The reality, particularly in today’s environment, is that employees can easily be overwhelmed – and …

https://www.epicbrokers.com/insights/know-feel-do-helping-employees-make-decisions/