News
The latest insurance articles, insight, and news from Ollis/Akers/Arney Insurance & Business Advisors.
Cyber Liability – Attack Surface Management Explained
October 11, 2022
Attack surfaces refer to the total possible entry points (also known as attack vectors) for unauthorized access into any system. The recent increase in remote and hybrid work combined with the shift to the cloud and widespread implementation of software-as-a-service (SaaS) applications have made attack surfaces increasingly large, complex and difficult to defend against cyberattacks.As…
Read MoreRemote Workers – Preparing for Open Enrollment
October 9, 2022
Open enrollment will be here before you know it—and, once again, it’ll likely be different from previous COVID-19 pandemic-era enrollment seasons. Fortunately for remote employees, many organizations are already offering online or virtual open enrollment. This year, employers and workers are faced with short- and long-term effects of COVID-19, rising health care costs and record-high…
Read MoreThe Connection Between Nature and Well-being
October 4, 2022
Whether it’s a stroll in the park or a bike ride through the woods, being outdoors can positively impact your well-being. There are numerous ways nature can boost your mood and overall health. Here are a handful of those benefits: Improved Sleep Schedule Your body naturally wants to follow a sleep schedule—called a circadian rhythm—meaning…
Read MoreThe Lingering Impact of Long COVID-19 on Employees and Workplaces
October 4, 2022
Unfortunately, some people who test positive for COVID-19 can experience long-term effects from their infection, known as “long COVID-19.” The effects of long COVID-19 can vary; individuals may experience mild symptoms or suffer near-debilitating health concerns. Long COVID-19 has impacted both employees and their employers. Specifically, some employees have not been able to work at…
Read MoreFMCSA Considering Equipping Interstate CMVs With Electronic ID Technology
September 28, 2022
On Sept. 23, 2022, the FMCSA published an advance notice of proposed rulemaking (ANPRM) and requested comments on whether it should amend the Federal Motor Carrier Safety Regulations (FMCSRs) to require every commercial motor vehicle (CMV) operating in interstate commerce to be equipped with electronic identification (ID). This electronic ID would be capable of wirelessly…
Read MoreMedicare Part D Notices Due Before Oct. 15, 2022
September 24, 2022
Each year, Medicare Part D requires group health plan sponsors to disclose whether the health plan’s prescription drug coverage is creditable to individuals eligible for Medicare Part D and the Centers for Medicare and Medicaid Services (CMS). Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2022—the start date of…
Read MoreEmployee Guide to Health Plans [Infographic]
September 24, 2022
You have many choices when it comes to selecting a health insurance plan, which can make the process feel overwhelming. Keep reading to explore some of the major health plans and their key characteristics. Points of Differentiation Between Health Plans Whether you're required to have a primary care provider (PCP) Whether you're required to obtain…
Read MoreInflation’s Impact on 2023 Open Enrollment
September 20, 2022
Many employees are currently feeling financially strained because of inflation. With open enrollment fast approaching, inflation could impact the choices employees make when it comes to their benefits. Employees are likely considering which benefits matter the most and how to optimize the money they spend on those offerings. As a result, this year’s open enrollment…
Read MoreDOE Provides More Information on Student Loan Forgiveness Plan, Issues FAQ
September 11, 2022
On Aug. 24, 2022, the Biden-Harris administration announced a student debt relief plan that provides a one-time student loan debt cancellation targeted at low- and middle-income families. The U.S. Department of Education (DOE) will provide up to $10,000 in debt relief for non-Pell Grant recipients and up to $20,000 for Pell Grant recipients, according to…
Read MoreFDA Authorizes COVID-19 Boosters Targeting Omicron Variants
September 6, 2022
On Aug. 31, 2022, the Food and Drug Administration (FDA) authorized updated COVID-19 booster shots from Moderna and Pfizer-BioNTech that target the dominant BA.4 and highly contagious BA.5 coronavirus Omicron subvariants. Both modified vaccines still target the original coronavirus strain. The FDA authorized the Pfizer-BioNTech modified booster for people age 12 and older and the…
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