Category Archives: Individual Life & Health

In this month’s newsletter, I wanted to talk about two commonly overlooked things (or completely unknown) in the benefits space, especially for companies that don’t have HR departments. First is something we see with just about every new company we talk to, even those with benefit programs already in place. In this article, we talk about ERISA Setup Documents and Section 125 Docs. We get into specific details in the blog, but you can …

The Problem In the early years of Holloway Benefits Concepts, I realized the need for an affordable compliance offering for our business partners. An offering was needed that could tie into our HR service offering so H|BC could help manage the documents and notices like we do with most of our clients adds and terms. This need/concern stemmed from the prior several years I had spent in this space that was completely void of …

An often overlooked and misunderstood employee benefit is one that can offer serious financial protection and is VERY affordable compared to more expensive benefit programs like health insurance. Also referred to as “DI” in our industry, disability insurance is not flashy or something that you will use on a day-to-day basis like many other benefits. If you ever require it, you will be so happy that your employer made it available. In its simplest …

Hi all, I want to address a concept in health insurance that we are seeing more often and explain how and why it works, those who will be—or should be—a supporter of this concept and, *cue scary music”, those that will oppose this approach. To understand Reference Based Pricing (RBP) at the simplest level, you need to understand what is being “referenced” for the pricing and how network discounts are determined between healthcare providers …

The last year has no doubt had its challenges. Thankfully, with the maturity of broadband internet and video conferencing, opportunities to use this technology have grown exponentially into new areas, such as telehealth. While the new norm is upon us, there has been a recent surge of interest amongst small businesses using telehealth services for remote treatment. For many companies, this can provide fast, convenient, and affordable care for injuries and illnesses. Let us …