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Daily Archives: June 16, 2022

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More Employers Add Narrow Networks to Offerings

BlogBy InterWest Insurance ServicesJune 16, 2022

More employers are including narrow provider network insurance plans among their plan offerings to their employees to give them a lower-cost premium option. Narrow provider networks limit the number of covered providers included in health insurance plans. While these plans have been mainstays on Affordable Care Act marketplaces, employers have been slow to adopt them.…

Workers Cite Health Benefits as a Top Factor When Accepting a Job

BlogBy InterWest Insurance ServicesJune 16, 2022

Despite the job market upheaval and intense competition for talent, there is a mismatch between the value that human resources executives and job prospects put on employee benefits, according to a new survey. One in five workers surveyed said that health care and health insurance are a major factor when deciding to accept a job,…

Reporting Workers’ Comp Claims Late Can Push up Costs Nearly 50%

BlogBy InterWest Insurance ServicesJune 16, 2022

One of the keys to keeping the costs of a workers’ compensation claim from spiraling out of control is prompt claims reporting. Claims are routinely filed late, either by the injured worker who fails to report it to the employer, or the employer dawdling or procrastinating and not reporting the claim to its insurer. Either…

Fine-Tuning Your Agency for Success

Agency OperationsBy InterWest Insurance ServicesJune 16, 2022

As we emerge from the COVID-19 pandemic and new volatilities arise, insurance brokerages have to be nimble and forward-thinking to be successful and continue growing. The pandemic has already forced most companies, including insurance agencies, to re-evaluate how they do business, and if the last two years have taught us anything, it’s that companies that…

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