Posts by Caitlin Diaz
Unlocking Value: Benefits of Bundling Your Commercial Policies
Insurance carriers recognize the cost-effectiveness of offering additional coverage lines to existing customers, fostering longer-term relationships. While this strategy benefits carriers, it also holds significant advantages for their customers. Similar to bundling personal home and auto policies, combining business policies goes beyond cost savings. Businesses can explore multiline discount options by consulting with their insurance…
Read More2024 Federal Poverty Levels: Navigating the Impact on Employer Liability
The U.S. Department of Health and Human Services (HHS) annually updates Federal Poverty Levels (FPLs) to determine eligibility for various programs. In 2024, the FPL for an individual increased to $15,060, affecting applicable large employers (ALEs) under the Affordable Care Act’s (ACA) pay-or-play rules. Key Points:
Read MoreWhat Employers Need to Know for 2024
The landscape of preventive care coverage is undergoing shifts, and employers must stay informed to ensure compliance and provide comprehensive healthcare benefits to their employees. In this blog post, we’ll discuss key changes impacting the Affordable Care Act’s (ACA) preventive care coverage requirements for 2024 and beyond. Conclusion of COVID-19 Coverage Requirements: With the conclusion…
Read MoreExpansion of OSHA’s Injury and Illness Submission Requirements
OSHA (Occupational Safety and Health Administration) has introduced a significant update affecting employers, particularly those in high-hazard industries. This blog post breaks down the key points to help businesses navigate the new regulations. Current Requirements: Organizations with 20-249 employees in specific industries must electronically submit OSHA Form 300A annually. Establishments with 250 or more employees,…
Read MoreNavigating the Financial Horizon: A Comprehensive Small Business Financial Planning Guide for 2024
As the dawn of 2024 approaches, small business owners are gearing up for the challenges and opportunities that lie ahead. Essential to this preparation is the development of a robust financial plan, acting as a guiding compass for success. In this blog post, we’ll delve into the essential steps that will help you navigate the…
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