New Legislation Spurs Change Only a few days before the end of 2020, Congress passed a new coronavirus stimulus bill to address many of the pandemic challenges faced by employers and employees alike. On Dec. 27, 2020, the president signed the bill into law. While legal experts and HR teams are still digging into the details—the … Continued
Disability insurance is a type of insurance coverage that replaces a portion of your monthly income in the event you are unable to perform your work functions due to illness or injury. This insurance gives both yourself, and those who are dependent on you and your paycheck, a sense of financial security while you are … Continued
There is never a better time to look towards the future than right now. Goal setting does not need to be constrained to the start of a new year. So, let’s look at three helpful tips for effective goal setting. First, what is a goal? A goal is defined as “the object of a person’s … Continued
Employers must comply with numerous reporting and disclosure requirements throughout the year in connection with their group health plans. This Compliance Overview explains key 2021 compliance deadlines for employer-sponsored group health plans. It also outlines group health plan notices that employers must provide each year. Some of the compliance deadlines summarized below are tied to … Continued
Comparing Medicare health and prescription drug plans can be complicated. Keep in mind these 4 things to make your plan choice easier with the Medicare Plan Finder. Total cost for care. It’s important to think about your total out-of-pocket costs, including deductibles, copayments, coinsurance, maximums, and drug costs, that you’ll pay with a Medicare health or drug plan. When you … Continued
Building camaraderie between your employees is essential for employee engagement and retention. In fact, employees with close work friendships report 50% higher satisfaction with their work, according to Gallup. Hosting parties for your office this season may not be possible, yet they are still important. We’ve gathered some fun alternative ways to celebrate together while … Continued
The month of November has a central focus on the holiday, Thanksgiving. Linked with this holiday is the emotion of gratitude. We want to take a closer look at this emotion and see how it is linked to better health and give you some practical tips on how to increase the size of your gratitude … Continued
How 2020 will be remembered is largely going to be shaped by the pandemic, both for larger society and the workplace. There is no industry that hasn’t been impacted by COVID-19 and thus, no segment of the workforce that hasn’t felt its impact. We can see this playing out in the data we collect. Perhaps … Continued
A health flexible spending account (health FSA) is a pre-tax account used to pay for out-of-pocket medical care costs for a participant as well as a participant’s spouse and eligible dependents. Health FSAs are employer-established benefit plans and may be offered with other employer-provided benefits as part of a cafeteria plan. Self-employed individuals are not … Continued
As the weather turns cooler and shopping centers get busier, it’s easy to surmise that it’s nearing the end of the year. Are we all ready for 2020 to be over?! Yes, please! Since we are closing in on 2021, it’s time for you to maximize your healthcare plan by taking advantage of end-of-year healthcare … Continued
Strategic Services Group (SSG)
is a privately-held employee
benefits consulting &
insurance brokerage firm.
HQ 248.601.3600 | 800.727.4114
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Rochester Hills, MI 48307