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At TIS, we are committed to keeping you updated with innovative ideas, best practices, and proven strategies crafted by our talented insurance industry specialists.
As healthcare costs continue to rise and market uncertainties persist, a growing number of employers are turning to self-insurance to gain better control over their healthcare expenses. This shift towards self-insurance accompanies a heightened focus on risk management and using
Singlehood is on the rise. According to the U.S. Census Bureau, almost half of adults (48 %) in the United States are unmarried in 2024. While there are many benefits to flying solo, there can also be misconceptions when it
Running a business is exciting, challenging, and often unpredictable. As a business owner, your passion and focus should be directed towards the product or service you sell. Unless you are running an insurance-based operation, the details of protecting what you’ve
Nonprofit organizations play a vital role in society, tackling critical issues and enriching communities. Board members, directors, and officers (D&Os) of these organizations carry a significant weight on their shoulders, making responsible decisions that impact the organization’s mission and resources.
Imagine this: you’ve built a thriving business. Customers are pouring in, your team is firing on all cylinders, and you’re experiencing steady growth. Suddenly, disaster strikes. A fire damages your property; a cyberattack disrupts your systems or a critical piece
Life is full of surprises, both good and bad. While we all hope for the best, preparing for the unexpected is essential, especially when protecting our finances and assets. Individuals and families face many risks that can result in costly
High-Deductible Health Plans (HDHPs) are increasingly popular in the United States as employers and individuals seek ways to manage rising healthcare costs. While these plans require policyholders to pay a higher deductible before insurance coverage kicks in, they also offer
Workers’ compensation provides a safety net that protects employees in case of workplace injuries or illnesses. While it ensures employees receive the care they need, it can also present a significant cost burden for businesses. The good news is that
People are the foundation of any business. Implementing a strategic roadmap for how you attract, manage, and retain your people can be the difference maker in the success and growth of your organization. A thoughtful and effective HR strategy not
Human Resources (HR) technology, or HR Tech, is undergoing a revolution. Artificial intelligence (AI), automation, and data-driven insights fundamentally reshape how organizations manage their most valuable asset – their workforce. HR leaders who embrace these trends can reap significant benefits
Captive insurance for employee benefits is a strategy where a group of employers collaborate to distribute the risk of their self-funded medical and pharmacy plans. By incorporating multiple layers of stop-loss insurance , each employer can choose a deductible level
Surety bonds offer contractors a powerful tool to enhance their credibility and financial stability. These bonds provide a guarantee to project owners that the contractor will fulfill their contractual obligations, including completing the project on time and within budget. By
By nature of the work being done, construction projects inherently carry significant environmental risks. These can range from minimal issues like dust and noise pollution to major concerns such as hazardous material spills and leaks. These activities can profoundly impact
Life insurance is a powerful tool designed to protect your loved ones financially when you are no longer there to do so. However, the impact of this protection largely depends an important decision you make during the policy setup: who
REMINDER: PCORI Fees Due By July 31, 2024 Employers that sponsor self-insured group health plans, including health reimbursement arrangements (HRAs) should keep in mind the upcoming July 31, 2024 deadline for paying fees that fund the Patient-Centered Outcomes Research Institute
There are now up to five generations coexisting in the workplace, each with their own motivations, expectations, and needs? If you couple this reality with the rise of hybrid work environments, the need for a comprehensive employee benefits strategy with
In Rev. Proc. 2024-25, the IRS released the inflation-adjusted amounts for 2025 relevant to Health Savings Accounts (HSAs) and high deductible health plans (HDHPs). The table below summarizes those adjustments and other applicable limits. 2025 2024 Change Annual HSA
The integration of technology into Human Resources (HR) processes has revolutionized the way organizations manage their workforce. HR technology promises increased efficiency, accuracy, and data-driven decision-making, from recruitment and onboarding to performance management and employee engagement. However, despite its potential
March 26, 2024 | LEGAL ALERT With the 2023 reference year RxDC reporting deadline approaching soon, plan sponsors should familiarize themselves with recent updates to the RxDC Reporting Instructions. As a reminder, the Consolidated Appropriations Act, 2021 includes a provision
In today’s fast-paced corporate landscape, prioritizing employee well-being isn’t just a trend—it’s a necessity. As an employee benefits agency committed to your organization’s success, we understand the importance of staying ahead of the curve. That’s why we’re excited to share
Looking to elevate your organization’s wellness initiatives? Here are 4 actionable steps, with insights from our HR consulting and human capital management team: #1 Assess Your Current Programs Start by evaluating the effectiveness of your existing wellness initiatives. Our team
As nature awakens with the arrival of spring, so too can your organization’s commitment to empowering your workforce’s financial well-being. In this article, we’ll explore the significance of prioritizing employee financial wellness, explore their diverse financial challenges, and present actionable
As an HR Director, you can ensure that your employee benefits programs are effective and competitive. Since employee benefits are continuously changing, conducting regular assessments and comparing them to regional and local competitors is essential. This proactive approach can help
