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Merriam Insurance Agency Acquires Latham-based Corporate Benefit Planning

Schenectady-based Merriam Insurance, which announced the deal on Tuesday, did not disclose financial terms. The acquisition closed the previous Monday. Corporate Benefit Planning is located in Latham, NY. Carol Bowman, prior Manager of CBP, said, “We strongly believe that The Merriam Agency will continue the personalized and excellent service we have provided to our valued clients and we are pleased that The Merriam Insurance Agency is available to provide … an expanded service and product line.”

Brokers are Best ACA Exchange Resource

in their quest for answers, these people also supplemented their research with other outlets, including brokers and advisers who scored high in customer satisfaction. New data from The Urban Institute’s Health Policy Center, released Monday, found that half of adults who obtained information on marketplaces only used a website. While information on those sites was considered helpful by two-thirds of users, the sites were found to not be as helpful as other information sources.

Opportunities to Help Those in Need

In January of this year, I took my 16-year-old daughter, Kalina, to Haiti for a short-term mission trip. I hoped that, by showing her the poorest nation in the western hemisphere, she would have an appreciation for the bounty that is ours in America. Additionally, I hoped that she would perceive an obligation to someday help those who have not been as well blessed as we Americans. Even those who are below the poverty line here in our own country have available resources that those in poverty in Haiti do not. Four years ago I took a similar trip

Jump Into Spring: Annual Business Insurance Review

New business owners are concerned to see that conditions are favorable for the success of their business, which includes obtaining the protection of business insurance. However, it is possible that business success and longevity may cause complacency. Ten years ago, you might have started your business with just a small office space and one computer. Yet, today you have an office full of employees and equipment. You may now need to make changes to your original insurance coverage. It is common for small businesses to start out with basic insurance coverage,

Attract and Retain Staff without Breaking the Bank

A strong employee benefits package is a powerful tool for attracting and retaining the best workers. In a 2011 Harvard Business review survey of human resource leaders, 60 percent said an attractive benefits package is “very important” in recruiting and retaining quality employees, as opposed to 38 percent who said a high base salary is very important. Benefits play an integral role in employee satisfaction. A recent survey by Met Life found that roughly 49 percent

Health Care Law ‘Wellness’ visit might not be free

As a cost conscious health-care consumer, some caution is called for, on your part, where those seemingly “free” annual checkups or well-child visits are concerned. A young mother recently learned this lesson the hard way and shared her story with us. This mother took her 10-year-old twins to their pediatrician’s office in January for their annual wellness checkups. A few weeks later, when she

Employer Mandate Delayed Again

The Obama administration delayed the implementation of the so-called employer mandate by a year, initially pushing the requirements off until 2015, past the midterm elections. However, in what is seemingly a concession to business, Treasury Department officials announced on Monday, February 10th that the administration would not enforce the rules across the board next year.

The Need for Disability Insurance

Disability Insurance, often called “DI” or “disability income” insurance, is a form of insurance that insures the beneficiary's earned income against the risk that a disability may impede a person’s ability to complete the core functions of his or her work. For example, the inability to focus or maintain composure due to psychological disorders or an injury, illness or condition that causes physical impairment or incapacity to work. Benefits

Wellness Programs

Wellness programs are being implemented in large and small companies across the country, and the results are positively impacting the bottom line. “Research is showing that it’s more cost-effective to invest in preventive health practices, such as screenings, immunizations, health risk appraisals, behavioral coaching, and health awareness/education, rather than spending resources exclusively on the small minority of employees/dependents

Drop Dead Deadline

It is common for the Human Resources person at a workplace to pass out new forms every year during open enrollment, requiring every employee to indicate their personal information and that of their spouse and children, as well as the health plan they are choosing, the primary care physician, etc. It seems that there is always a question that cannot be answered immediately so these forms are set aside to complete later. Sometimes, later is after the deadline