Articles

Congress Passes Landmark – Healthcare Update

On March 21, 2010, the U.S. House of Representatives passed major health care reform legislation, the Patient Protection and Affordable Care Act. The legislation was previously passed by the U.S. Senate in December 2009 and is set to be signed by President Obama as soon as possible.

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Builders Risk – How to Structure the Best Program

By Ed Chapin, Vice President

A construction contract will almost certainly specify who will supply the Builder’s Risk Insurance coverage for any construction project. This could be the projects owner, general contractor or sub-contractor.

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Earthquake Insurance – Setting Limits

One of the most frequently asked questions we hear from clients is “how much earthquake coverage do I need?” Many factors typically go into the decision when trying to decide how much coverage to buy. By answering the following key questions it should help to simplify the decision-making process:

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Thinking about Self Funding?

When health insurance premiums continue to increase at a rate in excess of general inflation or wage increases, many employers ask us whether self-insuring their health plan makes sense for them. Self-insuring is certainly a popular option. Surveys show that more than 50% of employees covered by employer-sponsored health plans are covered by self-insured plans.

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Transitional Duty Programs – Key to Workers’ Compensation Claims Management and Cost Control

Many employers struggle with how to effectively manage workers’ compensation claim costs and loss of employee productivity when an employee suffers a prolonged absence from work due to an on-the-job injury.

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Non Profit Directors – Risk Management Items to Understand and Consider When Sitting on Outside Boards

When asked to participate on a nonprofit board; typically; the first reaction is to be flattered that someone would want our participation and the second reaction is to agree because it meets a personal or professional goal. After agreeing to sit on the board of an organization you may find that you did not learn everything about the organization and/or board interaction prior to joining their board. There are some steps you can take in advance of joining the board that will be helpful in determining if the organization is a good fit for you and vice versa, including attending a board meeting, meeting with the Executive Director and understanding what your role will be as board member, and asking to review minutes from prior meetings a well as the organization’s mission statement and strategic plan.

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Does Your Healthcare Facility’s Insurance Program Protect Against Loss of Private Information

Few CEOs, CFOs or risk managers are able to appropriately respond to this question from their Board of Directors unless the facility has previously suffered such a loss. While we have all heard the news stories of large banks, credit card companies, or credit agencies that have had breaches of their security affecting hundreds of thousands of customers.

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