Our Blog
How Customized Employee Benefits Can Give Your Business an Advantage
Hiring and replacing workers is no easy task. The Bureau of Labor Statistics notes that as of March 2023, the number of voluntary quits was 3.9 million. One of the ways employers can retain workers and avoid a costly replacement exercise is by providing employee...
How to Reduce Workers’ Compensation Costs
A penny saved is a penny earned. That is especially true during an economic downturn, such as when economists predict there’s a 70% chance the US will sink into a recession. It makes sense to save and cut costs whenever you can. One of the most effective ways you can...
The Pros of Offering the Best Employee Benefits through Your Company
Competition for competent and highly qualified employees hit an all-time high after the pandemic, fueled by the Great Resignation. It has become increasingly apparent that companies must fashion new ways to attract and retain their best employees. One way of achieving...
Having Trouble with Human Resources? How Hiring an HR Consultant Can Benefit Your Business
The Human Resources (HR) department is essential to every organization because it deals with any business’s most valuable asset–employees. However, managing HR can be challenging, especially for startups, small and medium-sized businesses (SMEs), or other businesses...
How Workplace Wellness Programs Save You Money
You’ve probably heard the adage, “you’ve got to spend money to make money,” but chucking money at wellness programs for your employees in the hope of saving money seems a stretch. At best, you reason workplace wellness programs are an enticement to keep workers...
Managing Remote Workers and Their Benefits
It may have started a while ago, but remote working kicked off when the pandemic hit and the government-imposed lockdowns. Even though the days of crippling lockdowns are over, over 26% of employees are working away from the office in 2022. Since working remotely has...
How Value-Added Professional Services Helps Retain Employees
A recent study by Microsoft reveals that 43% of workers are likely to consider leaving their jobs in 2023. So it appears the Great Resignation that plagued businesses in late 2021 and early 2022 has not entirely vanished. Considering it takes 42 days on average...
Providing Cost Effective Employer-Sponsored Healthcare Benefits
According to the Bureau of Labour Statistics, the number of employed people in the US is about 154 million. Considering the average employer-sponsored healthcare benefits annual premium costs $7,700 for single coverage and $22,000 for family coverage. It’s easy to see...
Navigating Paid Leave For Your Employees In CT
The US is one of the few nations that does not have federal policies guiding paid leave. The Family Medical Leave Act (FMLA) only has provisions for unpaid leave. Therefore, individual states have drafted regulations on paid leave. So far, only 16 states have such...
Healthcare Options For Organizations
Rising healthcare costs are a concern for both individuals and employers. Survey data from Kaiser Family Foundation shows that 87% of employers feel it is unsustainable to offer healthcare benefits in the long run. Understandably, some employers are ditching health...
Setting Up a Special Group Insurance Plan
Also known as employer-sponsored health insurance, the Kaiser Family Foundation (KFF) data shows that 49% of the US population receives group insurance. The states with the highest number of group insured employees are Illinois at 53% and New York at 49%. For an...
Navigating Employee Benefit Compliance in CT
If you own a company or work as an HR professional, you already know how fluid employee benefits compliance can be. It would be best to actively look out for legislative changes, as one slight oversight will find you on the wrong side of the law. That said, employee...
Navigating Employee Benefit Compliance in MA
The Great Resignation shows no sign of slowing down. While not as high as the 3% seen last winter, the May 2022 resignation rate is still a healthy 2.8%. One of the best ways to combat this is by offering employee benefits. For instance, as of March 2021, 92% of...
Burnout, PTSD, and Other Rising Mental Health Issues
Mental health issues affect about 13% of the world’s population. However, the pandemic exacerbated the problem in the US, with 59% of adults reportedly suffering from mental health issues. Keep reading to discover how the COVID-19 pandemic fueled the rising mental...
Does Your Employee Benefits Plan Adequately Address Substance Abuse Issues?
If you or someone you love struggles with addiction, you should consider an employer who offers comprehensive substance abuse health benefits. Substance abuse treatment is a scourge for many employers as they have to splurge up to $81 billion annually in...
Keeping Your Workforce Engaged With Workplace Culture
It’s impossible to overstate how vital keeping workers engaged is to your business. What’s more, you can increase revenue by 21% when your workplace attracts engaged employees. Engaged employees are committed to the company, leading to a massive jump in productivity. ...
Do Women’s Healthcare Plan Benefits Need to Be Different Than Men’s Healthcare Plan Benefits?
Before 1990, they used the male model when determining health issues affecting women, with disastrous consequences. That trend led to delayed diagnosis, which meant they caught diseases in women in their advanced stages, making them harder to treat. Consequently,...
Remote Staff vs Outsourced Staff
Some companies have embraced the idea of remote staff. If you didn't want employees working at home before or during the pandemic, you probably haven't changed your mind. However, remote work has never been acceptable for some supervisory and management staff. Now...
How do you ask employees about their vaccination status?
No one imagined that employers would be concerned about employees’ vaccination status nearly two years down the road. You probably assumed that every worker would celebrate vaccination as a simple strategy for lowering COVID-19 infection risks in the workplace. Yet,...
Are you considering an unvaccinated employee surcharge?
As businesses continue their push toward pre-COVID norms, the unvaccinated employee remains a crucial health issue. However, while employees continue their war against vaccine mandates, employers push back. For example, some companies deduct surcharges directly from...
Managing and monitoring your remote employees
If you're like many companies, the pandemic shutdown propelled your corporate culture into a new normal. The most significant change involved the transitioning of office staff into a remote workforce. Out of necessity, you set aside any lingering anxieties about...
Reconsidering your employee benefits priorities
As your employees settle into their post-pandemic workflow, you’re probably noticing that they don’t want business-as-usual. Whether their families battled the virus or not, they have all endured a life-changing event. Just like workers in all business environments,...
6 Post-Pandemic Employee Retention Strategies
The pandemic gave many employees a break from the workplace. It also gave them time to embrace new perspectives on traditional workplace models. As employers gradually get back to business as usual, many employees are searching for a new normal. You'll need to...
Does Your Workplace Meet OSHA Safety Guidelines?
The Occupational Safety & Health Administration isn’t all that intimidating... unless they’re standing in the middle of your workplace. That usually means they’re investigating your company for one reason or another. If agency representatives visit your location,...
Are Your Remote Workers “Employees” or “Contractors”?
The employee VS contractor issue has never been easy. However, with so many employees transitioning from full-time office workers to full-time or part-time remote workers, the problems have become even murkier. While some businesses have resumed their post-pandemic...
Your Virtual HR Operation
The past year has been challenging for everyone. If you’re like most businesses, pandemic shutdowns compelled you to rethink how you perform everyday tasks. Unless the government designated your business as essential, you continued with remote workers and a virtual HR...
What You Need to Know about the CT PFMLA
The Connecticut legislature passed the Connecticut Paid Family Medical Leave Act on June 25, 2019. When the PFMLA is fully implemented, it will pay income replacement benefits to your employees when they take time off work to care for themselves or family members....
How CARES Act Affects Employee Retirement Plan Distributions
Even if you’re not quite back to business as usual, it’s tax time, and the IRS expects you to be ready. That includes compliance with CARES Act Section 2202, Special Rules For Use of Retirement Funds. If you allowed your employees to access emergency distributions,...
Say Hello To Our New Logo!
The Health Consultants Group unveils a new brand to reinforce their mission to advocate, educate and advise their clients. Plainville, CT – March 1, 2021 - The Health Consultants Group, one of the Northeast regions top insurance brokerage firms unveiled its new brand...
The Actuaries Behind Your Insurance Premium
If you manage your company’s insurance program, you know that policies are more than just a stack of documents. They represent a system for managing risk and making claims more affordable. Insurers pool their insureds' premiums. They set aside funds to pay covered...
Complimentary Benefits/ Services Review
We are always here to talk because your business is different from any other. Only when we understand your company can we deliver meaningful insurance products and benefits. We get to know your business philosophy, your goals, and your objectives. Your unique business profile becomes our reference to help us build solutions that work for you and your employees. Call Our Toll Free Customer Service Line (800)367-2482 or fill out the form and we'll get right back to you.
