July 06, 2023
Utilize a Captive for Better and More Cost Effective Employee Benefits
The Medical Stop-Loss Solution Catastrophic medical claims continue to grow in size and number. What was a $1 million claim a few years ago is likely $3 million+ in today’s marketplace....
July 05, 2023
Focus on Providing Care, Not Paying for It with Life-Long Term Care Hybrid
States Move to Fill Care-Coverage Gap as New Policies Offer Solutions Recognizing that caring for a spouse or family member with a debilitating illness or injury can be costly, nearly 20 stat...
June 08, 2023
Canadian Wildfire Smoke Exposure: Protecting Outdoor Workers and Mitigating Health Risks
We’re certainly in an unusual situation given the impact from the Canadian wildfires. Here’s some information you should consider if you have employees working outdoors. Ch...
June 05, 2023
IRS Reminder: Without Proper FSA Substantiation, All (Tax-Favored) Bets Are Off
On April 28, 2023, the IRS Office of Chief Counsel issued Memorandum Number 202317020, which serves as “Chief Counsel Advice” concerning the requirement for health and dependent care flexi...
May 30, 2023
Hurricane Preparedness is Key to Managing Risk: 2023
Each year hurricane season lasts from June through November. NOAA released its 2023 Hurricane Season outlook on May 25th. This year, the NOAA is predicting between 12 and 17 named storms will for...
May 18, 2023
IRS Announces Spike in HSA Figures for 2024
On Tuesday, May 16th, the IRS announced the inflation adjustments that will apply to health savings accounts (HSAs) and qualified high deductible health plans (HDHPs) beginning January 1, 2024. Due in...
May 16, 2023
Coverage of Preventive Health Services After the Braidwood Decision
Background In 2020, the Affordable Care Act (ACA) amended the Public Health Service Act (PHSA) to require non-grandfathered group health plans and insurers of fully-insured group health plans to cove...
May 08, 2023
Beyond Burnout: Reclaiming Purpose In Aging Services
Is It Burnout? Working in aging services isn’t just a career, it’s a calling. And as a leader in this industry, it’s obvious that you care about people—not only the pa...
March 29, 2023
How to Leverage Group Purchasing Power to Drive Down Benefits Costs
We at Graham are leveraging the power of economies of scale and group purchasing of like-minded Healthcare and Human Services (HHS) organizations with the goal of impacting your people and your bottom...
March 29, 2023
New Legislation Helps Dig Florida Out of a “Judicial Hellhole”
On Friday, March 24, 2023, Florida Governor Ron DeSantis signed House Bill (HB) 837 into law. HB 837, a tort reform bill commonly referred to as the Civil Remedies bill, has far reaching ramifications...
March 27, 2023
3 Voluntary Benefits Trends to Watch in 2023
Benefits have always been crucial for attracting and retaining top performers, and voluntary benefits are a great way for employers to round off their offerings. These extra perks allow for more perso...
March 24, 2023
DOL Issues Adjusted Penalty Amounts for 2023
Federal regulations require the U.S. Department of Labor (DOL) to make inflationary adjustments to its civil monetary penalties by Jan. 15 of each year. Accordingly, on Jan. 15, 2023 the DOL issued th...
March 24, 2023
Here Comes the Great Post-Pandemic Medicaid Unwind
At the start of the pandemic in Jan. 2020, the U.S. Department of Health and Human Services (HHS) declared a public health emergency (PHE), which granted each U.S. State’s Medicaid program broad...
March 24, 2023
The End of the COVID-19 Emergency Declarations is Near
On Jan. 30, 2023, the Biden Administration announced its intention to end the National Emergency and Public Health Emergency (PHE) due to COVID-19 as of May 11, 2023. These dual emergency declarations...
February 23, 2023
State of the 2023 Insurance Market
The last several years have been marked with an increased volatility in the business world, and the insurance industry as a whole has had to evolve to stay afloat in the turbulent seas of macroeconomi...