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1. How does being in an ESOP affect your personal work? Prior to joining Ollis, I worked for large national organizations with hundreds of thousands of employees. There were some good things working for them, but you would often feel and hear that you had no input in the functions of your work, couldn’t impact…

1. How does being in an ESOP affect your day-to-day work? It definitely helps me stay positive when things get stressful and is a great reminder of how everything I do affects the company as a whole. 2. What is something new you have learned about being in an ESOP that you did not know…

1. What do you like most about being in an ESOP? The all for one and one for all mentality it evokes. We as a collective team are in charge of our own destiny, and our team is performing well. 2. When did you start to feel the impact of being an employee-owner? I had…

On May 24, 2024, the U.S. Department of Labor (DOL) issued various resources to assist health plans and health insurance issuers in annually submitting their attestation of compliance with the Consolidated Appropriations Act’s (CAA) gag clause prohibition. These resources can be used to submit the next gag clause attestation, which is due by Dec. 31,…

What makes you excited about being in an ESOP? My excitement for the ESOP has grown throughout my years with the company. When I started, I was 26 years old, and the ESOP felt like this ethereal, far-off concept. I was grateful for it, but I did not understand the impact. Through time, especially when…

The IRS has released the inflation-adjusted limit for excepted benefit health reimbursement arrangements (EBHRAs) for plan years beginning on or after Jan. 1, 2025. Effective for 2025 plan years, the maximum annual employer contribution for an EBHRA will increase to $2,150 (up from $2,100 for plan years beginning in 2024). Excepted Benefit HRAs An EBHRA…

How does being in an ESOP affect you, personally, in your workday?   Being a member of a company with an ESOP makes me always think of how I’m impacting the company as a whole. It’s always in the back of my mind. I try to bring my best self to work with a positive…

Businesses of all sizes are susceptible to cyberattacks such as phishing scams, malware attacks and ransomware schemes, which can create significant financial loss and lead to major reputational damage. Therefore, businesses need to take measures to mitigate cyber risk. Implementing a comprehensive cybersecurity awareness program is one of the most important strategies for recognizing and…

1. What do you like most about your role? I enjoy the opportunity to partner with my colleagues and clients to create solutions to issues that they may be facing. Working collaboratively to understand their goals and piecing together a plan to allow them to reach their goals is meaningful. 2. How do you think…

1. How do you think being in an ESOP can affect work culture? Work culture will happen no matter what so it’s always best for organizations to make an intentional effort to think about what they want their culture to reflect. Work culture directly influences how employees interact with not only customers or clients, but…