Health Savings Accounts (HSAs) have become a popular choice for many people seeking to manage their healthcare costs effectively. But understanding the mechanisms of these accounts can be confusing. This article will break it down for you, explaining what an HSA is, how to use it effectively, and the contribution limits for 2024. What is […]
What is an HSA plan? Your Guide to HSAs by Carmel Bay Group Insurance Read More »
Feeling overwhelmed by the new RxDC reporting requirement? You’re not alone. As a small business owner, staying compliant with regulations can be a major headache. But don’t worry! Carmel Bay Group Insurance is here to simplify the process and take the burden off your shoulders. What is RxDC? It stands for Prescription Drug Data Collection.
RxDC Reporting: A Simplified Guide for Small Businesses Read More »
The Anatomy of a Health Plan _____________________________________________________ From 30,000 feet above, your health insurance plan is an intricate and interrelated system whose fundamental purpose is to reduce the cost of medical services. Understanding the basics of health insurance and how the insurance company processes claims will make you a wiser consumer of healthcare services. While
Understanding The Basics of Health Insurance Read More »
Small Business Health Insurance at Discounted Rates In the quick and evolving world of finance and accounting, staying ahead requires not only skill and expertise but also access to valuable resources that empower you to thrive. As a CPA, Financial Advisor or other financial professional, you are already committed to excellence and continuous growth. But what
CalCPA Health Insurance Options for Financial Professionals : Read More »
It’s a Big Consideration In today’s fiercely competitive job market, employers are constantly seeking ways to attract and retain top talent. Every compensation study shows that prospective employees view Group health insurance as the 1st priority after compensation when evaluating a job offer. How do you compete in this new landscape? In an era where
Working with an insurance agency in Monterey and getting group health insurance are essential to a competitive and thriving workforce. With small business health insurance, employers demonstrate a commitment to the well-being of their employees while reaping significant advantages themselves. Employers that offer employee health insurance as part of their benefits package cultivate a positive
7 Reasons Why Employers in Monterey, California Should Offer Employees Health Insurance Read More »
Protection plans like life insurance that can safeguard what’s valuable to employees are an important part of financial wellness. As an employer, you have an opportunity to offer your team life insurance benefits on a guaranteed issue basis. Since most employees don’t have a financial adviser, the only way they might learn about life insurance
Life Insurance for Your Team Read More »
Protecting your income with disability income insurance may not be your first priority, but it should be.
Boost Your Financial Safety Net! Read More »
California law protects individuals from receiving unexpected ‘surprise’ medical bills from an out-of-network doctor when receiving inpatient and outpatient care at an in-network healthcare facility. A surprise medical bill, also known as balance billing, occurs when you go to a healthcare facility, like a hospital in your plan’s network, and end up with a doctor
California Law Puts Limits On ‘Surprise’ Medical Bills Read More »
Group health continues to be high on the list of what job seekers are looking for in a compensation package. Almost without exception, group products offers better coverage than plans bought in the individual market. This reality makes an employer’s benefit program extremely important to those considering employment as well as those currently employed. In
Employer Health Insurance- A Motivating Force Read More »