HOT TAKES. ONE PLACE.
There's a LOT to know about insurance. So, whether you've got a specific question or just want the 411 on what we do, click around on the articles below.
Over Half of U.S. Private-sector Workers Are Enrolled in HDHPs
More than half (55.7%) of American private-sector workers were enrolled in high deductible health plans (HDHPs) in 2021, according to the Kaiser Family Foundation’s recent 2022 Employer Health Benefits Survey. The 5.3% increase from 2020 is the highest on record, and 2021 is the eighth straight year an increase has occurred.
New York Parking Garage Collapse Kills One and Injures Several Others
On April 18, 2023, a four-story parking garage collapsed in lower Manhattan, New York, killing one person, injuring seven others and crushing several cars. While the cause of the incident is currently unknown, city officials are investigating the weight of the vehicles on the structure’s roof and the age of the building as the main reasons behind the collapse.
What You Should Know About Ozempic
Ozempic is an injectable prescription medication to help adults with Type 2 diabetes manage their blood sugar. Although it’s not approved as a weight-loss drug, people without Type 2 diabetes have begun using Ozempic off-label for this purpose.
Study: Retirees Will Need Six-figure Savings to Cover Post-retirement Medicare Costs
A recent study conducted by the Employee Benefit Research Institute (EBRI) found that retirees will need to have hundreds of thousands of dollars in savings to cover Medicare costs. Such costs include premiums, deductibles and prescription drug expenses—essentially any costs that could be out-of-pocket for Medicare beneficiaries.
Experts Predict Slightly Below-average Hurricane Season in the Atlantic
For 2023, Colorado State University (CSU) hurricane researchers are predicting a slightly below-average Atlantic hurricane season, which runs from June 1 to Nov. 30. CSU researchers believe there will be 13 named storms throughout the year. This total sits below the average of 14.4 named storms per year recorded between 1981 and 2020.
2023 Fire Season Expected to Produce Above-Average Activity
The 2023 fire season is predicted to be relatively consistent with historical averages, with a slight increase in intensity, according to AccuWeather’s recently released 2023 US Wildfire Forecast.
Supreme Court Refuses to Block $6 Billion Student Debt Relief Settlement
On Thursday, April 13, 2023, the U.S. Supreme Court declined to block a nearly $6 billion class-action settlement related to canceling student loans for hundreds of thousands of borrowers. This class-action settlement pertains to loans that borrowers claim should be canceled because they were taken out based on misrepresentations made by their colleges.
Self-care and Mental Health
Self-care can be defined as activities done intentionally to positively impact mental, physical and emotional well-being. Self-care has a direct correlation to mental health. Different self-care techniques can help create healthy coping mechanisms toward unavoidable stressors in everyday life.
March Inflation Rate Up 5% Year Over Year, Lowest Increase in Almost 2 Years
The U.S. Bureau of Labor Statistics (BLS) reported that the consumer price index (CPI) rose 5% year over year in March, slightly down from 6 % in February. The CPI reached the smallest 12-month increase since May 2021.
Americans Spend Less Than One Hour on Health Plan Options During Open Enrollment
The latest Consumer Engagement in Health Care Survey (CEHCS) revealed that although many Americans are satisfied with the open enrollment process overall, they are not looking closely at their health plan options when making selections.
IRS Scams Cost Taxpayers Millions Every Year
According to the Internal Revenue Service (IRS), thousands fall prey to IRS scams every year, accounting for millions of dollars lost. Scammers often take advantage of the fact that tax season is a high-stress time of year to trick people into giving them financial or personal information. Continue reading to learn how to recognize and avoid IRS scams this year.
Live Well Newsletter | April 2023
April is Distracted Driving Awareness Month. It aims to remind drivers of the dangers of distracted driving and how to be attentive when behind the wheel. Read on to learn what you can do to be a safer driver.
Uber Health Adds Same-day Prescription Delivery
Uber Health, the health care arm of transportation company Uber, announced its new same-day prescription delivery service on March 30. Uber Health users, including health care providers and health plans, already leverage the platform to coordinate nonemergency medical transportation (NEMT) for patients. Now, they can manage prescription delivery from any pharmacy in their service areas.
Medicare Guide to Coordination of Benefits
If you have Medicare and other health insurance, such as group health plan insurance, retiree coverage or Medicaid, questions can arise over who pays first on your claims. Coordination of benefits (COB) rules decide who pays first. One plan is considered the primary payer that covers most of your expenses, while the secondary plan covers any remaining allowable expenses not covered by the primary plan.
Boosting Your Immune System
The immune system is your body’s frontline of defense against infection and disease. While most of the time, your immune system does a good job of protecting you against various germs and viruses that try to attack your body; sometimes it can fail, making you sick.
Personal Lines Insights | April 2023
Coping mechanisms can help people feel like they’re escaping reality by relieving stress or distracting their minds. While this is quite common, it can become a problem if a person turns to unhealthy coping mechanisms, which can be harmful in the long run.
How Telemedicine Gives You the Most Out of Health Care Visits
Telemedicine—the delivery of health care from a distance using technology—has become increasingly popular following the COVID-19 pandemic. Telemedicine allows people to seek basic primary care and other services without having to leave their homes, making it a convenient, efficient and often less expensive way to receive health care.
FDA Approves Opioid-overdose Antidote Narcan for Over-the-Counter Use
On March 29, the U.S. Food and Drug Administration (FDA) approved the sale of Narcan, a brand name for the drug naloxone and the standard treatment for opioid overdose, without a prescription. The best-known form of naloxone is Narcan nasal spray, which can rapidly reverse the effects of an opioid overdose caused by prescription medications (e.g., oxycodone), heroin and fentanyl.
Handling Pest Bites and Stings
Because many summer and day camp tasks require employees like you to work outdoors, it’s important to be prepared for the risk of stings and bites from different pests.
Understanding the Importance of Disability Insurance
One in 4 working adults will become disabled before reaching retirement age, according to data from the Social Security Administration (SSA). Unfortunately, many workers are unprepared to lose their income or unable to afford unexpected medical expenses.