The Knowledge Center

Our health & welfare experts write articles, host webinars, launch videos and get interviewed by employee benefits, insurance, business and national media. It's award-winning insurance journalism which can be found here weekly.

 

4 Tips for Managing Open Enrollment During Disruptions

Corporate Synergies

Avoid toppling your employee benefits strategy when conducting open enrollment during disruptions | Corporate Synergies

Flexibility and communication can help employers and employees avoid issues when conducting open enrollment during disruptions, like COVID-19. Managing all the moving parts of open enrollment is a complex process at the best of times. Rely on your trusted partners … Read More

Employers may Implement COVID-19 Vaccine Premium Incentives

Dan Kuperstein

Employers can implement vaccine premium incentives to encourage employees to get vaccinated | Corporate Synergies

Employers and plan sponsors considering a COVID-19 vaccine premium incentive should examine the potential risks, cost savings and administrative hurdles. On October 4, the U.S. Departments of Labor, Treasury and Health and Human Services issued FAQ guidance confirming the permissibility … Read More

3 Questions You Must Ask Before Signing Your First Stop-Loss Insurance Contract

Luciano Franco and Earl Rutter, Jr.

Employers should ask these 3 questions before signing a stop-loss insurance contract | Corporate Synergies

Stop-loss insurance contracts offer important protection for self-funded employers—but employers must ensure they’re providing the right coverage. Responsibly transitioning to self-funded health insurance can provide cash flow flexibility for some employers—and they are taking the plunge. In 2018, 38.7% of … Read More

Dollars, Data & Design: Self-funding Benefits

Corporate Synergies

Employers are realizing self-funding benefits. 67% of covered employees are in self-funded plans. | Corporate Synergies

Your organization may be able to harness more self-funding benefits than you realize. If an employer hasn’t incorporated a self-funded feasibility analysis into their strategy this year, they may be missing the boat. If your organization wants to be proactive … Read More

Agencies Delay Transparency Rules for Healthcare Pricing

Dan Kuperstein

The now delayed transparency rules intended to help clarify healthcare pricing for consumers. | Corporate Synergies

These delayed transparency rules will give employers and insurers more time to prepare, and some rules are pending further regulations. On August 20, 2021, the U.S Departments of Labor, Health and Human Services (HHS), and Treasury (the “Agencies”) announced a … Read More

Our Take: National Nonprofit Day Recognizes Orgs’ Unique Needs

Corporate Synergies

People come together to recognize the needs of organizations on National Nonprofit Day | Corporate Synergies

National Nonprofit Day reflects the history of tax-exempt organizations, but many are now worried about their future. The pandemic impacted all organizations, but it especially exacerbated existing issues concerning many nonprofit organizations. Many are now trying to maintain their mission … Read More

Latest COBRA Subsidy Guidance May Prompt Filing Amendments

Dan Kuperstein

The new COBRA subsidy guidance may have employers and plan sponsors amending forms. | Corporate Synergies

Employers and plans sponsors have already spent several months reviewing and implementing these rules. See what the latest COBRA subsidy guidance changes. The IRS recently issued guidance clarifying the rules for how employers can claim the tax credit for the … Read More

Our Take: Vaccination Mandates are Reverberating through Employers

Corporate Synergies

Employee vaccination mandates come down from Pennsylvania Ave, Silicon Valley and more. | Corporate Synergies

Momentum for employer vaccination mandates is increasing. The federal government and Silicon Valley companies are among the latest to act. Some of the largest public and private employers, including the federal government, the nation’s largest employer, have announced upcoming requirements … Read More

Effective Employee Benefits for Nonprofits Begin with Culture

Harrison Newman

Values and culture unite your organization and should drive employee benefits for nonprofits | Corporate Synergies

Your employee benefits package is an extension of your nonprofit organization’s mission and values. What would you say if I asked you to name the most important aspect of your nonprofit organization’s benefit plan that starts with “C”? Did “cost,” … Read More

Clarifying 4 Common 2021 COBRA Subsidy Questions

Dan Kuperstein

We can help you navigate the confusing maze of 2021 COBRA subsidy questions. | Corporate Synergies

Who qualifies? What’s considered “involuntary termination”? The 2021 COBRA subsidy rules gave employers a lot to manage—and plenty of questions. Despite additional guidance from the IRS, COBRA subsidy compliance continues to be an area of stress and concern for many … Read More