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Health Insurance Requirements for Small and Medium Businesses

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Health Insurance Requirements for Small & Medium Businesses. H ealth insurance is one of the most important benefits an employer can offer, regardless of size. According to the Kaiser Family Foundation , only 30 percent of US businesses with fewer than 50 employees provide health insurance to their workers. In short, no.

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Best Practices for Handling a Data Breach

Modern Restaurant Management

I am not aware of specific legislation related to the restaurant industry – all states have legislation focused on obligations to inform those affected by breaches, and I have seen legislation emerging over breaches in the healthcare industry. Restaurants should also consider their own insurance coverage for cyber risks.

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Restaurants Aren’t Raising Employee Medical Premiums, But Costs Are Going Up

Modern Restaurant Management

In 2021, the maximum premium that an employer could charge for healthcare coverage was 9.83 Self-insurance is not for every employer, and the components must be properly constructed to generate savings and simultaneously, manage risks. These limits increase much more slowly than the rate of plan costs. percent of household income.

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Why the Stop Loss Decision is Critical for Larger Self-Funded Employers

Modern Restaurant Management

There are stories nearly every day in the media about innovations in healthcare, breakthrough treatments, and in some cases cures for various illnesses. On a basic level, stop loss insurance provides protection against catastrophic or unpredictable losses. Stop Loss Coverage Is Risk Management. a lower deductible).

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Mental Health Month and The State of Restaurants

Modern Restaurant Management

Society Insurance, which provides coverage to the hospitality industry, wants to share resources restaurants should be leveraging and implementing, such as creating an Employee Assistance Program as well as educating workers (and yourself!) May is Mental Health Month – and it’s clear that millions of restaurant workers need help.

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What to Avoid When Looking for a Restaurant Job: 6 Red Flags

7 Shifts

One creative benefit that Cummings has come across is pet insurance. Pet insurance is a little thing that so many people in the industry are deciding if they have enough money, $300 to spend to get their dog dewormed or for them to go on a yearly checkup and they're choosing their pets over themselves.

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Can Concierge Medical Services Work in the Restaurant Sector?  

Modern Restaurant Management

For several years we have been considering the viability of high touch healthcare concierge programs in the restaurant space. The premise is that employees (especially those with significant health issues) have difficulty navigating the world of health insurance and, therefore, are susceptible to making poor and inefficient choices.

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