Article written by Michael W. Ferguson, as seen in the New York Post New York’s state legislators are thinking small — literally. The state’s definition of “small business” expanded Jan. 1, thanks to legislation passed in 2013. Many firms that thought of themselves as medium-size are now legally considered “small.” One consequence: They’re barred from [...]
These days change and added regulations are happening at a rapid pace and at Diversified Group, we’re here to help our client employers avoid confusion. That being said, here are a few words of advice we can give that may help you… Don’t Tolerate a Sky-High Renewal – Planning can come to a halt when [...]
On March 11th, principals of Marlborough, Connecticut-based Diversified Group, participated in a lobby day in Albany, New York. The grassroots effort, organized by the Self Insurance Institute of America, was held to give SIIA members and allied stakeholders an opportunity to communicate directly with key legislators about the need to protect the ability of employers [...]
Reference-based pricing (RFB) strategies are increasing in popularity as employers seek more affordable options for their health benefit plans. Although PPO networks and their negotiated discount agreements have been in place for decades, they provide very little transparency to the true costs of services provided. How can an employer control health care costs when the [...]
Many fully-insured organizations, negatively impacted by PPACA and hearing more and more about the benefits of self-funding, are looking to their advisors for information on self insurance. Often, these companies are told that they can easily move to a partially self-funded plan with their same carrier and there's no need to involve a TPA. This [...]
