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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.
HHS Secretary Responds to the President’s Executive Order on Drug Prices
In response to President Joe Biden’s executive order on lowering prescription drug costs for Americans, the U.S. Department of Health and Human Services (HHS) secretary chose three new models for testing to further build on the new prescription drug law.
A Primer on Cardiac Arrest
According to the National Heart, Blood, and Lung Institute, each year, cardiac arrest causes 300,000 to 450,000 deaths in the United States. It is more common in older men than women. This condition is fatal if it’s not treated immediately. This means it’s essential to know the signs of cardiac arrest and how to respond to someone experiencing it.
OSHA Authorized to Certify Special Visa Applications During Inspections
On Feb. 13, 2023, the OSHA received the authority by memorandum to issue certification in support of applications for U nonimmigrant status and T nonimmigrant status visas. OSHA’s new authority becomes effective March 30, 2023.
5 Small Business Tips for Preparing for a Recession
There’s growing anxiety that the U.S. economy is heading into a recession. While a recession impacts organizations of all sizes, small businesses often have limited resources and face a unique set of challenges. As a result, small businesses often must make difficult financial decisions to avoid issues such as insolvency or bankruptcy when a recession hits.
Stair Safety in Restaurants
Slips, trips and falls are the most frequently occurring injuries to food service workers. More than 3 million food service workers are injured each year from slips, trips and falls in restaurants across the country, costing the hospitality industry over $2 billion annually, according to the National Floor Safety Institute.
6 HR Trends to Monitor in 2023
Just as HR professionals quickly adapted to changes at the height of the pandemic, they must now adapt and respond to today’s evolving expectations of organizations and employees alike. As such, savvy HR leaders and professionals will approach 2023 with human-centric strategies that holistically support and benefit workers.
Study: Consolidated Health Systems Fail to Deliver Better Value Care for Patients
A recent study from researchers at Harvard University and the National Bureau of Economic Research (NBER) suggests that consolidated health systems cost patients more money, despite providing slightly better care than private practices.
Live Well Newsletter | February 2023
This February marks the 57th annual American Heart Month, dedicated to drawing attention to the risks of hypertension (high blood pressure). Hypertension can increase your risk of stroke, heart disease, heart failure, kidney failure, vision loss, pregnancy complications and more. Read on to learn what you can do to improve your heart health.
How HR Can Help Organizations Become Recession-proof
There’s growing anxiety that the U.S. economy is heading into a recession. Recent headlines have not eased those concerns, especially as some of the country’s largest technology companies announce layoffs as well as hiring slowdowns and freezes.
CVS Acquires Primary Care Provider Oak Street Health for $10.6 Billion
CVS Health Corp. (CVS) announced plans to spend $10.6 billion to buy Oak Street Health (Oak Street), which specializes in clinics treating Medicare Advantage patients. The company would pay $39 per share in cash for each share of Oak Street in a deal expected to close this year.
Auto Insights | February 2023
Auto insurance costs are on the rise across the country due to inflation, increased claims and rising repair costs. Personal auto insurance premiums are expected to go up 7% during 2023. Therefore, customers like you are looking for ways to lower their insurance costs.
4 Attraction and Retention Trends to Monitor in 2023
The labor market was a roller coaster in 2022 and will undoubtedly continue to evolve this year. It remains to be seen how the employment market will level out. Still, it’s a safe bet that employers will be challenged as they compete for top talent. Labor metrics indicate that even though the market has slightly improved from last year, it’s still a tight labor market as numbers remain historically high.
U.S. Adds Over 500,000 Jobs in January
The U.S. Bureau of Labor Statistics (BLS) found in its January jobs report that the United States added an astonishing 517,000 nonfarm jobs in January, indicating that the labor market is not cooling down. January’s added jobs were above December’s gain of 260,000 and the Dow Jones estimate of 187,000 jobs to be added this month. *
President Biden Discusses Employee Benefits and the Workplace in State of the Union Address
On Tuesday, Feb. 7, President Joe Biden delivered the 2023 State of the Union (SOTU) address. The SOTU address is an annual speech the president delivers near the beginning of each year, outlining how the country is doing and identifying future initiatives the current administration wants to pursue.
Bicycle Safety for Food Delivery Workers
When using bicycles to make food deliveries, it’s vital to prioritize your employees’ safety. After all, riding a bicycle on public roads—especially while transporting food—poses unique hazards. Failing to take sufficient precautions could lead to serious injuries or even death.
Personal Lines Insights | February 2023
The majority of Americans experience stress frequently. A 2022 survey found 84% of Americans experienced stress weekly, up from 78% in the previous year.
Biden Administration Announces Proposed Rule to Expand Access to Birth Control Coverage Under the ACA
On Jan. 30, 2023, the U.S. Departments of Health and Human Services (HHS), Labor and Treasury announced a proposed rule expanding access to birth control coverage under the Affordable Care Act (ACA). The proposed rule would eliminate the moral exemption, which was put in place in 2018, that permits employers to opt out of providing contraceptive services due to their moral convictions.
Retaining Employees During Economic Uncertainty
As 2023 begins, experts are predicting a recession. According to Citi Global Wealth Investment’s 2023 Wealth Outlook Roadmap, an estimated 2 million jobs could be lost nationwide, which could cause unemployment to rise above 5% this year if projections reach these estimates.
Job Openings Increased to 11 Million in December
The U.S. Bureau of Labor Statistics (BLS) recently released its November Job Openings and Labor Turnover Summary. This month’s report revealed the number of job openings, 10.5 million, changed little from the previous month as the Federal Reserve (Fed) continued its efforts to combat inflation. However, November’s job openings were higher than economists expected.
Home Matters | February 2023
Homeowners insurance is an integral part of financially protecting yourself and your home. However, a recent study of 2,000 Americans found that 45% have had a claim denied due to improper coverage and 65% do not fully understand their policies.