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Category Archives: Blog

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Funds Transfer Fraud Increasingly Affects Small Firms

Uncategorized, BlogBy InterWest Insurance ServicesApril 20, 2022

While ransomware is making the headlines as the major cyber threat for businesses, small and mid-sized organizations are increasingly being targeted by lower fraud that dupes them into wiring criminals funds, according to a new report. These funds transfer fraud crimes involve hackers gaining access to a company’s mailbox and extracting payments that go into…

Return to Work Not Just for Workers’ Compensation Claimants

Uncategorized, BlogBy InterWest Insurance ServicesApril 19, 2022

More employers are using return-to-work programs for injured workers even if they were not injured on the job, according to a study by Prudential Insurance Co. of America. Many employers have a return-to-work program for their injured employees because it cuts down on workers’ comp claims costs and lets the worker get back to feeling…

e-meet

Push to Expand Telemedicine Parity Continues

BlogBy InterWest Insurance ServicesMarch 31, 2022

Telemedicine got a big boost during the COVID-19 pandemic, and now a number of states have been moving to ensure that health plan enrollees still have access to it and pay for it just as they would in-person visits. During the pandemic, insurers agreed to pay for virtual visits just as they would for a…

shockr

Don’t Forget Remote Workers in Sexual Harassment Prevention Policies

BlogBy InterWest Insurance ServicesMarch 29, 2022

If you have staff working from home as a result of changes wrought by the COVID-19 pandemic, you still need to stay on top of your obligations to protect your staff from sexual harassment. Not being physically in the office doesn’t seem to have had an effect on employee sexual harassment as employers paid out…

door

Flexible Benefit Plans Give Employees More Options

BlogBy InterWest Insurance ServicesMarch 24, 2022

One way you can give your staff more choice in the employee benefits they receive is to offer them a cafeteria plan, which allows them to put together a benefits package that works best for them. Employers fund these flexible benefit plans with funds that are deducted from their employees’ salaries on a pre-tax basis.…

grow money

CalSavers Registration for Small Employers Deadline Nears

BlogBy InterWest Insurance ServicesMarch 22, 2022

The deadline is fast approaching for employers with 5 or more workers in California, and who do not already offer their employees a retirement plan, to register their staff for the CalSavers Retirement Savings Program. Only California employers that do not offer retirement plans are required to register for CalSavers and there are different registration…

health

New Rules Expand Services Covered with No Cost-Sharing

Uncategorized, BlogBy InterWest Insurance ServicesMarch 17, 2022

The Department of Health and Human Services has issued some new “frequently asked questions” for its Affordable Care Act pages, and new guidelines that require health plans to expand what they are required to cover with no cost-sharing. The new FAQ section expands the age group for which insurers must cover colonoscopies and adds some…

hours

Transitioned to Remote Work? Don’t Fall Afoul of Wage and Hour Laws

BlogBy InterWest Insurance ServicesMarch 15, 2022

With many companies having decided to allow staff to work remotely permanently or split time between working at home and in the office, employers have to be especially careful about timekeeping and complying with wage and hour laws. That includes requiring staff to show they take meal and rest breaks and are compensated for overtime…

Fingerprint

Your Staff Are Susceptible to Medical Identity Theft

BlogBy InterWest Insurance ServicesMarch 15, 2022

Medical-related identity theft accounted for 43% of all identity theft in the United States in 2020, according to the Identity Theft Resource Center. And the majority of documents criminals steal are the same ones your employees receive from their group health insurers. If an employee becomes a victim of medical identity theft it can take…

meducine

How HRAs Can Help Your Employees Pay for Medical Expenses

BlogBy InterWest Insurance ServicesMarch 10, 2022

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. While health savings accounts have grown in popularity, you can only offer them to employees who are enrolled in high-deductible health plans. Fortunately, there is…

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