October 29, 2021
Did you know that even with the skyrocketing costs of medical care, there are ways you can reduce those out of pocket expenses? And if saving money sounds like something you want to do then you’ll definitely want to look into a Health Savings Account (HSA). These accounts are tax-exempt trusts that are set up to help with qualifying medical expenses…in other words, you can pay yourself back for those doctor’s visits. However, there are some guidelines you have to follow in order to obtain one.
October 22, 2020
Over the last few weeks, I’ve been talking about the business owner’s support team and the various professionals that need to be a part of it. As I’ve gone over each of these positions, I’ve been equating them to positions on a baseball team. In today’s blog, I’m going to go into greater detail on the second baseman of our team, the insurance professional. I’m not talking about salespeople. Instead, I’m referring to the professional who can advise us about which insurance business owners need to have, and why.
September 19, 2019
In my last post, I uncovered some of the mystery about individual health insurance. With physicians’ fees, cost of treatment, and time lost due to illness, healthcare costs can add up quickly. So it’s vitally important as a business owner to protect yourself and your employees from these expenses as well as to provide them with the care they need to rebound as soon as possible. Just like individual health insurance, group plans can be confusing and are often vague in their pricing. It’s my goal to provide you with the group health insurance information that you need to make a confident and informed decision for your business’ needs.
September 17, 2019
Recently, I had the opportunity to sit down with a friend of mine to discuss health insurance. Admittedly, this is one of my least favorite insurance subjects just because it is so unclear. Individual plans are often confusing in their pricing, while group plans are rarely a “one size fits all” option. It always seems that no matter which type of plan you choose, someone is unhappy. However, individual health insurance is a vital piece in your business’ risk management puzzle. With that in mind, let’s unwrap the confusing world of individual health insurance.
September 12, 2019
Recently, I discussed the huge impact that our need for long-term care has on our friends, our family, and on our business. The statistics paint a pretty clear portrait of just how wide-ranging the causes and the individual needs for long-term care can be. With that in mind, I’ve put together some long-term care insurance options for the small-business owner.
September 3, 2019
Insurance isn’t always the most exciting topic for discussion. In fact, it usually means we are bringing up the things nobody wants to think about. However, having the proper coverage is an essential risk management strategy for you and your business. Recently, I talked about the importance of having personal disability insurance, but what about protecting your business in the event of a life-changing catastrophe? That is where business overhead disability insurance is an invaluable piece of protection.