Healthcare Costs – What are we doing?

Just because we are an Insurance and Risk Management Professional Services firm, does not mean we are immune to the increasing costs of Healthcare.

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iPhones in the Corporation

In the geek world of any corporate environment, you have this constant struggle between trying to give what your staff desire versus the business needs of your organization.

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Go Team!!

The Parker, Smith & Feek, Feekers n Sneekers Team (including the newest member Jacen, 8 months old) gearing up for the Fred Hutch Cancer Reseach Centers 2010 Shore Run. One of the goals for our company wellness program is to get out in the community, be active and support our local charities.

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Our current Focus

The two "hot" topics in the insurance and risk management industry that we are focused on. The first of course is Health Care reform. Our current activity in our Employee Benefits department is centered on ensuring that our clients understand what the reform regulation means for their employees and their businesses.

Not only is it important to understand the immediate impacts and what program structure alterations that need to be made, but to lay out a plan and strategy for the future with regards to the additional reform changes that will be phased in over time.

We are sending out updates via email to all our contacts.

On the Property / Casualty front, the recent BP Oil spill is a reminder to our clients that being well prepared for worse case scenarios can mean the difference between simply managing through a catastrophic event but actually surviving one.

Many businesses over look the importance of a detailed business disaster recovery plan and focus too much attention on the insurance purchase transaction. Good risk management and preparation is critical for businesses of any size. BP purchased a lot of insurance, but their survival is hinging on their ability to execute a response to the spill and damage to their reputation long term – not how high of limits were purchased from an insurance carrier.

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The economy takes a pause

Stock markets are considered to be good leading indicators of future economic activity. Company values, or share prices, are based on expectations of future earnings, and future earnings are based on expected company revenue growth and profitability.

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Video Conferencing

While the world might be focused on the magical tablet scene, the revolution of instant-on computing and finger smudges on a screen, there is one sleeper technology that is about to hit mainstream: Video conferencing.

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Healthcare Reform: COBRA Premium Subsidy Update

On Friday, the House passed the American Jobs and Closing Tax Loopholes Act (H.R. 4213) that would require 401(k) fee disclosures, provide relief for pension funds and extend unemployment benefits.

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Healthcare Reform: Extended Dependent Coverage

Last Monday the Obama Administration issued interim rules allowing young adults to remain on their parents’ health insurance plans until age 26.

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AGC honors Adams, Fisher

The Associated General Contractors of Washington honored Bob Adams, vice president of Guy F. Atkinson Construction, as Contractor of the Year and Scott Fisher, principal with Parker, Smith & Feek, as Affiliate of the Year during its annual convention on Jan. 22.

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