Dinsmore Steele Business Blog
Gain valuable insight into small businesses' challenges and how to solve them.
Am I Too Big For PEO?
Ever wonder if you are too big for a Professional Employer Organization (PEO)? We asked the same question and found some answers.
United States Health Care is a Catastrophe
The phrasing may be indelicate, but health care in the United States is screwed.
Premiums are on the rise, more Americans are working under high deductible plans, and the health insurance market is narrowing. It’s a bad time to be sick.
New York Health Insurance Changes in 2016
In January 2016, all of this changes because under New York law and the Patient Protection and Affordable Care Act (ACA), the definition of "small group" will be 1-100 employees. All non-grandfathered groups with 1-100 employees renewing on or after January 1, 2016, must be issued small group coverage. A Grandfathered plans are health plans that were in place before March 23, 2010 when the Affordable Care Act was signed into law. These plans are allowed to offer the coverage they did before the Affordable Care Act.
Does it matter which health insurance carrier my Professional Employer Organization uses?
Employee benefits and the topic of health insurance has been on everyone’s minds the last few years and for good reason. Increasing premiums, Obamacare, state and federal regulations - it’s become a circus. One question we get often is who is the best medical carrier while it sounds simple to answer, it isn’t.
Who’s Your Broker?
When I first started working with companies on their insurance, it was astounding how many brokers and agencies had no clue what they were really doing. We would meet brokers who had been in the business for 20, 30 years and while they had a tremendous business - that business was not being educated by their broker on what was currently available.