Posts made in October, 2012

Collateral Benefits Group and The Stonehaven Group Team Up In Strategic Partnership

Posted by on Oct 30, 2012 in Human Resources | 0 comments

A solid step in CBG’s aspiration to be an industry leading benefit service organization, The Stonehaven Group (TSG-HR) further strengthens our ability to serve employers with their comprehensive HR support solutions that help prevent catastrophic human capital risk and excessive human capital cost. Established in 2001, TSG-HR is a global human resources support and advisory firm which helps executives, business owners and their people managers navigate efficiently through the ever-changing employment mine field. This new partnership is a strong strategic fit, leveraging two leading...

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HIPAA Compliance Best Practices

Posted by on Oct 29, 2012 in Employee Benefit Program | 0 comments

HIPAA’s been the law of the land since the mid 1990s. But too many companies are still struggling with compliance – particularly in the area of protecting personally identifiable information (PII) from public release. The penalties for failing to safeguard PII are severe – and would be personally devastating to most individuals who are convicted of a criminal offense under HIPAA. Specifically, anyone who knowingly obtains individually identifiable health information or leaks PII to another person is subject to a fine of up to $50,000 and up to a year in prison. If that...

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MetLife Releases 10th Annual Survey of Employee Benefits Trends

Posted by on Oct 25, 2012 in Employee Benefit Program | 0 comments

MetLife, the well-known insurance and financial services company, has released its 10th Annual Survey of Employee Benefits Trends.The survey, conducted in the fall of 2011, included the results of 1,519 interviews with benefits decision-makers at companies with staff sizes of at least two employees, as well as 1,412 interviews with full-time adult employees age 21 or older, nationwide. Highlights Among the key findings of the survey: More than half – 52 percent – of employees ages 21-30 were very worried about running out of money in retirement. This is a significant increase...

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Many Employers are Planning to Expand Onsite Health Center Services

Posted by on Oct 22, 2012 in Health | 0 comments

Employers everywhere are feeling the pressure to keep their workers more healthy and productive. Research shows that many employers with onsite medical care are looking to expand their services further, and they are planning to extend the eligible audience for health services. A recent survey found that more than 60 percent of companies keep their health services active to ensure employees stay more productive. In addition to this, more than 55 percent of employers established centers to reduce costs. Less than 50 percent of employers offered onsite care to improve access to vital services....

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Uncle Sam Pays You to Start a Retirement Plan

Posted by on Oct 18, 2012 in Retirement | 0 comments

If you’ve been considering starting a retirement plan for your small business, but putting it off because of the costs, we have some good news: The U.S. government will actually pay you to start a new retirement plan for yourself and your employees. Specifically, the Small Business Retirement Plan Credit offers you a dollar-for-dollar tax credit of up to $500 per year for the first three years of your plan. This is better than a deduction: The IRS is taking up to $1,500 off of your tax bill over the first three years. Congress has determined that it is in the country’s long-term...

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