Cost Control Through Pharmacy Management
Controlling healthcare costs is a top priority for businesses today, especially as insurance premiums and prescription drug prices continue to climb. Pharmacy benefits account for a significant portion of these expenses, prompting companies to seek effective strategies to manage costs while maintaining employee access to essential medications. Pharmacy management has emerged as a vital approach […]
Choosing The Right Coverage: Types of Home Insurance Explained
Homeownership is a significant milestone, often marking a sense of stability and accomplishment. However, protecting this valuable asset through the right home insurance coverage is equally important. Fortunately, here are many options when it comes to buying a homeowners insurance ppolic. However, determining the right coverage amounts and understanding the various limitations and exclusions is […]
Current Trends in Stop-Loss Insurance for 2024
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 advanced data analytics to optimize stop-loss insurance solutions and accurately assess risks. However, the employer […]
Life Insurance for Single Adults: Why You Might Need It
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 comes to financial planning. One common misconception is that life insurance is only necessary for […]
Shielding Your Business: A Guide To Commercial Insurance Essentials
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 built and mitigating the risks you face in case of an unexpected event can be […]
D&O Insurance for Nonprofit Organizations
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. However, they can face unexpected liabilities stemming from lawsuits or allegations of wrongdoing. Directors and […]
Downtime Doesn’t Mean Zero Income: Protect Your Profits with Business Income Coverage
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 of equipment malfunctions. Your business is forced to a halt, and income comes screeching to […]
TIS Insurance Services Launches Innovative Employee Benefits Wellness Programs to Promote Workplace Health
Known for its customer-centric approach and commitment to excellence, the insurance agency continues to lead the way in offering tailored solutions that meet the evolving needs of its clients. Knoxville, TN; July 8, 2024 —Employee wellness has become a critical focus for businesses seeking to improve productivity, reduce absenteeism, and foster a positive company culture. […]
Raining Security: The Importance of Umbrella Insurance
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 liability claims and lawsuits. From accidents at home to incidents on the road, the potential […]
High-Deductible Health Plans (HDHPs): Understanding the Benefits
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 a range of benefits that can make them an attractive option. Benefits of HDHPs 1. Cost […]
