Collaborative strategies to fund your employee benefits
A credit union’s greatest asset is not a line item on the balance sheet it is our employees. When it comes to attracting and retaining the very best individuals, credit unions need competitive employee benefit programs that highlight the exceptional things we do as a movement.
How can we continue offering competitive benefit plans when the trajectory of healthcare costs is rising at such a fast pace? Exploring collaborative funding strategies is a great way to start.
Background
Most small and mid-size credit unions purchase health insurance that cover employee medical claims using a fully-insured model. Fully-insured models are popular because of their perceived simplicity and low risk. However, no matter how healthy our group is, every credit union knows that fully-insured plans increase in cost every year. And we rarely receive claims data information to know why our premiums continually increase. The fully-insured m
Reno+Sparks Chamber of Commerce Now Offering Association Health Plans Through Prominence Health Plan
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Reno+Sparks Chamber of Commerce Now Offering Association Health Plans Though Prominence Health Plan
nevadabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nevadabusiness.com Daily Mail and Mail on Sunday newspapers.
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Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
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Our roundup of the latest news from metro Detroit and Michigan businesses as well as announcements from government agencies, including updates about the COVID-19 pandemic. To share a business or nonprofit story, please send us a message.
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The dust has settled and the 2020 election has concluded with former Vice President Biden poised to become president. At the same time, Democratic control of the House of Representatives has narrowed to the smallest margin in twenty years and one of the lowest margins for a first term president. Control of the Senate is still up in the air with runoffs on January 5, 2021 in the two Georgia Senate races.
In this memorandum, we look at the health care agenda of President-elect Joe Biden and the Democratic Party. Initially, a Biden Administration will focus most of its efforts on a robust response to the COVID-19 pandemic. It will also focus on taking administrative action to reverse some of the health policies implemented during the Trump Administration such as the Association Health Plan regulation, short-term, limited-duration regulations and regulations under section 1557 of the Affordable Care Act (“ACA”).