The following is intended to help employers support their employees impacted by the Los Angeles fires. Please consult with your tax advisor for further guidance.
The wildfires ravaging various parts of Los Angeles County are truly tragic and expected to cost more than $50 billion in damages, making it the most expensive natural disaster ever in the United States. For
Affected by the SoCal Fires? Here is how CorpStrat can help:
CorpStrat is working with employers and employees to share how health insurance companies are helping those affected by the fires.
Reach us if we can help you in any way. Insurance carriers have staffed hotlines to help.
In the wake of the tragic death of UnitedHealthcare CEO Brian Thompson, a seismic shift is taking place in the healthcare and insurance industries. While the circumstances are deeply regrettable, the event has acted as a catalyst, sparking widespread public discourse and demand for change. This backlash, fueled by years of frustration over denied claims and rising costs, is now
The tragic killing of United Healthcare’s CEO, Brian Thompson, has reignited discussions about consumer dissatisfaction with the insurance industry. While health insurance often dominates these conversations, many consumers are surprised by how functional the health insurance industry is as compared to other types of insurance. Commercial, homeowners, and auto insurance, in particular, are often riddled with inefficiencies and leave policyholders
As the year winds down, employers have a crucial opportunity to fine-tune their employee benefits strategy. Open enrollment is wrapping up, and now is the time to ensure your benefits package is ready to meet employee needs and support your 2025 business goals. A strong, competitive benefits program doesn’t just attract top talent—it also drives employee satisfaction and retention.
At
The health insurance landscape in the United States has undergone significant changes over the past decade. Since the implementation of the Affordable Care Act (ACA), many expected an influx of competition among health insurers, leading to better choices and lower costs for consumers.
However, the reality has been quite the opposite. The number of companies selling group health insurance has
As a small business, you’re likely familiar with the challenges of meeting health insurance contribution and participation requirements. Fortunately, there’s a crucial solution available annually—the Special Open Enrollment (SOE) Window. This period, mandated by the Affordable Care Act (ACA), allows Small Group employers to offer medical coverage to employees without needing to meet the usual contribution or participation thresholds. It’s
With healthcare costs climbing, small business owners are navigating difficult choices between competitive wages and sustainable benefits plans.
In today’s challenging business environment, healthcare costs are becoming an increasingly difficult hurdle for small business owners. A recent study, the *2024 “Pulse of the Purchaser” survey* by the National Alliance of Healthcare Purchaser Coalitions, highlights how the rising costs of healthcare
As the year is quickly coming to a close, it’s the perfect time to reflect on your business and personal financial goals and set the stage for a successful 2025. Year-end planning is crucial not only for assessing the progress you’ve made, but also for taking steps to ensure that next year starts off on the right foot.
A well-thought-out strategy
As an employer, you’re likely offering a range of benefits to attract and retain top talent: health insurance, retirement plans, and perhaps some voluntary perks.
But there’s one critical benefit that many employers are overlooking: long-term care insurance (LTC). This relatively new offering can be a game-changer, not just for your employees but also for your business.
What is Long-Term