Resources

New Wave of Lawsuits Target Health Plan Tobacco Surcharges

HIGHLIGHTS Several class-action lawsuits have been filed against large companies that impose tobacco surcharges. These surcharges require employees who use tobacco to pay higher health…

2025 RxDC Reporting: What Employers Need to Know Now

Group health plans and health insurance providers are required to submit detailed annual reports on prescription drug and healthcare spending to the Centers for Medicare…

Tornado Preparedness

Spawned from powerful thunderstorms, tornadoes can cause fatalities and devastate neighborhoods in seconds. A tornado appears as a rotating, funnel-shaped cloud extending from a thunderstorm…

2025 Health Care Industry Trends

In recent years, the health care industry has been navigating a volatile landscape shaped by changing market demands, labor shortages, inflation and supply chain difficulties.…

Cybersecurity Challenges in the Manufacturing Industry

Over the past few years, the manufacturing sector has experienced rapid technological advancements. Innovations like artificial intelligence (AI), smart machinery, equipment monitoring software, digital sales…

2025 Manufacturing Industry Trends

The manufacturing industry plays a key role in driving economic growth, producing a diverse range of goods essential to global markets. In recent years, this…

Wind/Hail Deductibles and Roof Schedules: What You Need to Know

Over the past few years, insurance carriers have increasingly implemented wind/hail deductibles and roof schedules in homeowners insurance policies. These changes are a response to…

5 Ways to Kill a Private Equity Deal

Being Private Equity is not for the faint of heart. It’s an industry driven by your firm’s reputation for fueling growth and achieving high returns.…

Executive Order to Improve Health Care Price Transparency

On February 25, 2025, President Trump issued an Executive Order directing federal agencies to issue new guidance to improve health care price transparency. This order,…

ACA Returns Must Be Filed Electronically by March 31, 2025

Important Dates March 3, 2025: Reporting entities are no longer required to send Forms 1095-B and 1095-C to covered individuals unless a form is requested…

New 2025 Illinois Employment laws

Illinois has recently implemented new labor and employment laws, along with amendments to existing regulations. These changes will have a substantial impact on employers operating…

Understanding Why GAP Coverage is Important

Auto insurance is a critical investment in your financial security and is also typically required by law. However, while you’re likely aware of the importance…

Protecting Your Car From Floods

The rains and snowmelt of spring can quickly overwhelm sewer systems and cause rivers and lakes to overflow, often leading to floods. Cars can be…

Guest Column: Business as (Un)Usual 2:0 – What’s Next?

By Kathy Carmody, CEO of The Institute on Public Policy for People with Disabilities A few years ago, I was asked to deliver a keynote…

The Do’s and Don’ts During an RWI Underwriting Call

You’ve signed off on an expense agreement and agreed to engage in the underwriting process with a Reps and Warranties Insurance (RWI) market. A critical…

ERISA Fiduciary Breach Allegations Dropped in J&J Case

On Jan. 24, 2025, a U.S. District Court for the District of New Jersey dismissed two allegations in a class-action lawsuit filed against Johnson &…

Mental Health Parity Remains a Leading Enforcement Focus

The Employee Benefits Security Administration (EBSA) recently published its annual enforcement report on the Mental Health Parity and Addiction Equity Act (MHPAEA). EBSA is an…

IRS Issues Ruling on State PFML Payments and Benefits

Important Dates January 15, 2025: IRS issued Revenue Ruling 2025-4, addressing the federal tax treatment of contributions and payments under mandatory state PFML programs. Certain…

HIPAA Audit Program to Resume

The U.S. Department of Health and Human Services (HHS) updated its HIPAA enforcement website to announce the beginning of its 2024-25 audit program. HIPAA is…

Civil Penalty Amounts Increased for 2025

Effective Date January 15, 2025: The increased amounts apply to civil penalties that are assessed after January 15, 2025 (for violations occurring after November 2,…

Trump Rescinds Biden Executive Order Preventing Sexual Orientation and Gender Identity Discrimination

On Jan. 20, 2025, President Donald Trump issued an executive order (EO) to rescind EO 13988, signed by former President Joe Biden on Jan. 20,…

Top Compliance Issues for Health Plans in 2025

Employers should stay updated on the top compliance issues that may impact their health plan coverage for 2025. Some of these issues are established requirements…

Preventing Mold in Your Home

Mold can wreak havoc on your home, leading to significant property damage and financial losses. Mold can also cause various health issues for you and…

Welding & Gas CFO Club Recap December 2024

Thanks to the crew of 11 that joined us for our 14th meeting. Good luck to everyone running into year end. I hope you have…