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Pain Points for WA’s Proposed Workers Comp Rate Increase in 2014

News about the rapid recovery from the recession is filling the airwaves, but some Washington businesses are not celebrating. Businesses are still gauging the effects of wage hikes, mandatory sick leave, and Obamacare.

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Employee Benefits Captives – A Self-Insurance Alternative for 51 to 500 Employees

 In the not too distant past, only companies with thousands of employees and lots of liquidity could afford to self insure their employee benefits. Small to medium sized employers are in a difficult situation because they have few options and very little information on the healthcare system. They don’t know what claims they have or what their premium dollars go towards.
 

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Protect Cargo from Origin to Final Destination

An engineering firm needed semi-permanent employee housing for a long-term project in a remote part of Alaska, known for extreme weather conditions. They hired a general contractor (GC) to do the job who was familiar with the working environment in rural Alaska.

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Before You Begin Negotiations with a Doctor Recruit, Read This

Thousands of private practitioners are selling or dismantling their practices and taking jobs in hospitals. The reasons why doctors discontinue their private practices vary. Some doctors cite the volume of work involved in running a business, as compared to the return on investment. Others say that medical malpractice insurance, administrative costs and increasing regulatory requirements make private practice too expensive to maintain.

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Enterprise Risk Assessment: The Hunt for the Black Swan

Are we safe? This is one of life’s more vexing conundrums. In his landmark book, The Black Swan, Nassim Nicholas Taleb describes a type of event called a “Black Swan.” These events appear to be a complete surprise, but in hindsight can be rationalized as being inevitable. 

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New Alaska Workers’ Compensation First Report of Injury Forms Will be Required Starting 7/22/2013

As of July 11, 2013, the State of Alaska published new Employer and Employee Report of Occupational Injury or Illness forms for workers’ compensation claims. The State confirmed on July 15, that these new forms must be used starting July 22, 2013 and replace the existing Report of Occupational Injury or Illness (Form 07-6101 Rev 08-2012).

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Handling Employee Benefits During a Merger

There are a number of financial, legal, and morale based considerations that need to be understood before making or accepting a final offer. The good news is that you don’t have to be the expert in these matters you just need to call in the people who are.  

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Engaged Employees: What are Other Companies Doing?

Have you seen the latest Gallup poll on employee engagement? The overall statistic in their findings is staggering – 70% of US workers are actively disengaged in their jobs. This means that employees may be showing up for work but aren’t feeling compelled to give 100% to their employers because they don’t feel their employers […]

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What Can We Do About Spousal Benefits Costing 40% More?

Internal audits of benefits policies show spousal (or domestic partner) coverage costs employers up to 40% more than coverage for the employee.

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Medical Identity Theft: Detection vs. Prevention

The ambulance tires crackled on broken glass, well before reaching the mangled car. The victim, an unconscious woman in her mid-twenties, was bleeding profusely. It was apparent that she would need immediate surgery upon arrival to the hospital. During transit, EMTs relayed information which allowed hospital staff to identify the victim as having visited the same hospital as a new patient six weeks prior, for an injury resulting in the partial loss of a finger on her left hand.

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PERSPECTIVES 2013

Of course, business strategy is important. However, Peter Drucker’s words emphasize the idea that strategies are far more effective when implemented in a high functioning environment.

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Insurance Risks of Transitioning to the Cloud

As computing services have moved from on-site server rooms to co-host facilities and now to the cloud, business managers and IT professionals evaluate the risks and benefits of IT outsourcing at each step in the process. Generally they ask themselves two questions:

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