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The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.

Expanding the Talent Pool With University and College Recruitment Strategies

Expanding the Talent Pool With University and College Recruitment Strategies

August 28, 2022
A common misstep in attracting or recruiting talent is setting narrow restrictions on who to interview or where talent is sourced. Often, highly talented job candidates are overlooked due to inexperience. Employers have an opportunity to expand their recruiting reach by pursuing entry-level candidates at universities, colleges and trade schools, but it comes down to…
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Final Rule Implements Ban on Surprise Medical Billing

Final Rule Implements Ban on Surprise Medical Billing

August 28, 2022
On Aug. 19, 2022, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) jointly released a final rule implementing the ban on surprise medical billing under the No Surprises Act (NSA), which was enacted as part of the Consolidated Appropriations Act, 2021 (CAA). This rule finalizes two interim final rules…
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ACA Pay or Play Penalties Will Increase for 2023

ACA Pay or Play Penalties Will Increase for 2023

August 22, 2022
On Aug. 16, 2022, the IRS updated its frequently asked questions (FAQs) on the employer shared responsibility (pay or play) rules under the Affordable Care Act (ACA) to include updated penalty amounts for 2023. For calendar year 2023, the adjusted $2,000 penalty amount is $2,880 and the adjusted $3,000 penalty amount is $4,320. Pay or…
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Trending Employee Benefits That Strengthen Attraction And Retention Efforts

Trending Employee Benefits That Strengthen Attraction And Retention Efforts

August 17, 2022
In the wake of the Great Reshuffle—the mass movement of workers to jobs that prioritize their needs—and macro trends like the tight labor market, attraction and retention are top of mind for employers. In fact, according to Zywave’s 2022 Attraction and Retention Benchmarking Overview, over 75% of employers consider attraction and retention to be among…
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Take Charge of Your Health – Your Eyes [Infographic]

August 16, 2022
Protecting your overall health is crucial, including your eye health. As you age, there is an increased risk of eye diseases, especially if you are overweight or have a family history of eye disease. It's essential to monitor your health and how it correlates with your eye health. Consider the following healthy habits to help…
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Watch Out for Phishy Energy Bill Scams

SCAM OF THE WEEK: Watch Out for Phishy Energy Bill Scams

August 12, 2022
During times of economic change, cybercriminals will use fear and instability to their advantage. Now, they’re using concerns about energy costs to lure victims into their malicious scams. These scams offer rebates, refunds, or discounts for energy bills to appeal to frustrations about rising costs.In a recent scam, cybercriminals send you an email offering you…
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Senate Passes the Inflation Reduction Act

Senate Passes the Inflation Reduction Act

August 9, 2022
The U.S. Senate recently passed the Inflation Reduction Act, which includes provisions aimed at addressing climate change, reducing the high costs of prescription drugs and lowering the deficit by approximately $300 billion. The $750 billion spending bill passed through the budget reconciliation process, meaning all 50 Democrats and one tie-breaker vote from Vice President Kamala…
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Biden Administration Launches Website for Extreme Heat Hazards

Biden Administration Launches Website for Extreme Heat Hazards

August 2, 2022
On July 26, the Biden administration launched Heat.gov—a new website through the National Integrated Heat Health Information System web portal—to provide the public and decision-makers with information to understand and reduce health risks related to extreme heat. This one-stop hub contains clear, timely and science-based data to “equip local officials and the public with robust…
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Amazon to Buy Primary Health Care Provider for $3.9 Billion

Amazon to Buy Primary Health Care Provider for $3.9 Billion

July 25, 2022
On Thursday, July 21, Amazon reached a deal to acquire One Medical, a network of boutique primary care clinics, for $3.9 billion. This is another substantial step in the e-commerce giant’s plans to become a player in the health care industry. Through this deal, Amazon hopes to improve how people book appointments and enhance the…
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Early Preparation Is Crucial for 2023 Open Enrollment

Early Preparation Is Crucial for 2023 Open Enrollment

July 20, 2022
The job market is still dealing with the aftereffects of the COVID-19 pandemic. Workers are taking stock of their circumstances and considering which employment perks matter the most. Specifically, employees are increasingly more concerned about their physical and mental health, financial security and work-life balance than before the pandemic. Many employers have responded by enhancing…
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