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Considering Aligned Success for Families and Business

… has been a recent flurry of paid family leave legislation passed in various states, and with it comes a significant amount of work from human resources teams to offer what is required and stay compliant. What if companies led the charge instead? What if companies looked at their policies and benefits from the lens of a parent – what could be done differently that encourages the aligned success of the individual, the family, and the business? Not having children, it’s hard for me to truly understand the challenges of parenthood that are magnified as a working parent. However, countless friends …

https://www.epicbrokers.com/insights/considering-aligned-success-for-families-and-business/

Coronavirus: Risk Considerations Volume 1, Issue 25

EPIC Risk Advisory Bulletin Volume 1, Issue 25 In this issue, we take a focused look at: Insurance Products and Coverage Information Effect of Q3 Losses on Property Renewals Will Property Insurance Respond if Election-Related Protests Turn Violent? Business Liability Immunity and Interruption Update Presumptive Compensability Legislation News of Note Human Resources and Employee Benefits Silver Lining to Remote Working How Workplace Benefits May Reflect Pandemic Realities Paying for Coronavirus Cleaning Supplies and PPE OSHA Publishes Coronavirus Quick Tip Videos Insights from Across the Firm The information presented here is intended to provide a high level overview of critical …

https://www.epicbrokers.com/insights/coronavirus-risk-considerations-volume-1-issue-25/

Newest 2020 Trend: Premium Holiday

… dislocation of businesses and homeowners from their natural community, and the general economic uncertainty continue to drive lower healthcare claims spend. It’s anybody’s guess when things will fully return to normal. Viewpoints from Adam Okun This begs the question for employers – what, if anything, should be done with employee contributions? In many instances, rates are not projected to increase in 2021, and given the current climate, many employers are opting not to increase employee contributions in the new year. However, some employers are going a step further… and giving employees money back! The concept of rebates to members …

https://www.epicbrokers.com/insights/newest-2020-trend-premium-holiday/

Mental Health and Wellbeing Pulse Survey

Mental health and wellbeing programs have become a focal point for many employers in 2020 due to public health uncertainties, economic changes and work from home environments. The changes we have seen this year have caused many employees to feel stressed, to have increased anxieties, and to look to employer solutions for assistance. Please complete the survey below to get a copy of the results, so you can benchmark your mental health efforts against other employers. THIS SURVEY HAS NOW CLOSED EPIC Wellness & Health Management Our Wellness and Health Management consultants help you create a strategy around population health management …

https://www.epicbrokers.com/insights/mental-health-and-wellbeing-pulse-survey/

Set Your Employees up for Medicare Success

… conversation with your employees long before they become Medicare-eligible. Generally, they’ll be able to enroll during their seven-month Initial Enrollment Period, which includes the three months before and the three months after the month of their 65th birthday. What Should Your Medicare-Eligible Employees Know? Although an employee may become eligible for Medicare, they can opt to remain on their current health plans. But if an employee chooses to stay on their current employer-provided insurance while Medicare-eligible – particularly an employee considering a Health Savings Account (HSA) option – they must know the rules. It’s important …

https://www.epicbrokers.com/insights/set-your-employees-up-for-medicare-success/

The Employer Healthcare Market Appears to Be Stable – but for How Long?

… The concern is over a resurgence or a second wave, but this does not appear to be materializing. Viewpoints from Craig Hasday And the cost of care to employees and employers also seems to be relatively stable as compared to 2019. The just-released Kaiser Family Foundation 2020 Employer Health Benefits Survey indicates a 4% increase in medical insurance costs from last year, with family coverage at $21,342 and employees paying 26% of this total. The average employee contribution for single coverage was 17% in 2020 and 27% for families. This compares to wages which increased by 3.4 …

https://www.epicbrokers.com/insights/the-employer-healthcare-market-appears-to-be-stable-but-for-how-long/

Covering Coronavirus: Risk Considerations Volume 1, Issue 24

EPIC Risk Advisory Bulletin Volume 1, Issue 24 In this issue, we take a focused look at: Supply Chain and Business Risks The State of Business Travel Insurance Products and Coverage Information Cyber Attacks are on the Rise Insurance-Linked Securities Rebound from Pandemic Disruption Western Wildfire Losses Presumptive Compensability Legislation News of Note Human Resources and Employee Benefits Coronavirus’ Impact on Healthcare and WC Budgets Insights from Across the Firm The information presented here is intended to provide a high level overview of critical areas of concern for businesses around coronavirus. Consult your EPIC insurance broker for more in …

https://www.epicbrokers.com/insights/covering-coronavirus-risk-considerations-volume-1-issue-24/

Remote Employee Resources

25 Strategies & Resources to Delight and Engage Remote Employees Resources Geared Toward Working Parents: Parental Support Group and Forum Back-Up Childcare Services: In home, virtual and onsite options are available Caregiver Background Checks Parenting Toolkits: Workshops, Classes, and Resources to help parents navigate this year | We love Positive Parenting’s Solution’s Ultimate Survival Guide to an Unpredictable School Year Dependent Care FSA Perks for Employees’ Children, such as monthly fun learning kits tailored to specific ages, donated laptops for online learning, and online camps and classes Resources That Appeal to All Employees: Technology and Office Furniture Stipend Employee …

https://www.epicbrokers.com/insights/remote-employee-resources/