With prices rising year after year, employers are seeking the latest and most innovative solutions to manage their healthcare costs. Self-funded health plans can provide customization, control, and cost savings. For employers looking for a bit more certainty in monthly budgeting, partially self-funded insurance is a self-funding option that helps put predictability back into the […]
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Pros and Cons of Partially Self-Funded Insurance
Employers looking to cut costs are moving away from fully insured plans and moving towards self-funded plans that can offer greater flexibility. With self-funding, the company is responsible for funding claims payments, but the employer experiences fluctuating expenses by paying the claims as they come in. For companies looking to add predictability back into the […]
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Save Money this Renewal Season with Self-Funding
With so many regulatory changes and cost increases year after year, sifting through each and every plan combination to pick the perfect fit for your company can become a daunting task. When renewal season comes around, most employers are seeking the same thing – cost savings. One of the big decisions a company must determine […]
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What’s next for Telehealth?
The evolving phenomenon of telehealth has been welcomed with open arms by some, and completely rejected as a viable health option for others. Some of the benefits telehealth provides are clear, with online services capable of providing a cost-effective and time-efficient way for patients, especially in rural areas, to receive treatment. On the other hand, […]
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3 Ways Telemedicine Saves Time and Money
Time is money, and telemedicine can help you save both. Coming down with a common illness can cause you to miss work and feel lousy, so the quicker the recovery, the better. Many of us find it difficult to go see a doctor when we are sick. Some common reasons include the time it takes […]
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How Telemedicine Can Provide Affordable Care for Everyone
With cameras becoming ubiquitous among smartphones, computers, and tablets, consumers are beginning to utilize telemedicine and remote care options. Unlike traditional doctor’s visits, telemedicine has grown to include a variety of applications and services using two-way video, email, wireless tools, and other technological tools to get a better look at patients. Telemedicine even allows doctors […]
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Why is employee benefits benchmarking so important?
Why is benefits benchmarking so important? Before we explain why benefits benchmarking is important, let’s define what benefits benchmarking is. Simply put, benefits benchmarking means finding out how your benefits offerings compare to those of other employers in your industry or in similar industries. In more specific terms, benefits benchmarking takes a look at total […]
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HR Compliance Made Easy: Webinar with TASC May 5th!
On May 5 th , we will be hosting a free webinar with our partners at TASC to cover the most recent HR compliance topics. The webinar will cover HR compliance issues such as ERISA compliance and ACA compliance. Possible pitfalls and common mistakes will be made apparent to prevent companies from becoming non-compliant and […]
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4 Reasons to Outsource HR Compliance
HR compliance is undoubtedly one of the hottest topics in human resources in recent years. As legislation continues to change, the time needed to stay abreast of changes and remain in HR compliance is steadily increasing. Employers offering health insurance and other benefits to their employers are at risk of being audited in relation to […]
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Make compliance easy with TASC
Faison Group is proud to announce a new partnership with TASC to offer some of the lowest prices for HR compliance in the industry. Bundles that can cover all of your HR compliance needs are available, including ACA reporting, ERISA reporting, HIPAA reporting, FMLA reporting, FSA reporting and COBRA compliance. You can pick and choose […]