Comparing Embedded and Nonembedded Deductibles

By Caitlin Diaz | March 28, 2024 |
A doctor wearing a white coat uses a tablet to explain something to a patient, focusing on the screen during the consultation. The caption reads, "Comparing Embedded and Nonembedded Deductibles," along with the SIA Blogs logo.

It is crucial to comprehend how your health insurance deductible operates, and family coverage typically involves two fundamental types of deductibles. Knowing the specifics of your deductible type can assist you in preparing for potential out-of-pocket healthcare costs.

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What Employers Need to Know for 2024

By Caitlin Diaz | January 26, 2024 |
A woman in a plaid blazer reviews documents at a table while a man in a suit sits across from her, holding his glasses. The caption reads, "What Employers Need to Know for 2024," along with the SIA Blogs logo.

The landscape of preventive care coverage is undergoing shifts, and employers must stay informed to ensure compliance and provide comprehensive healthcare benefits to their employees. In this blog post, we’ll discuss key changes impacting the Affordable Care Act’s (ACA) preventive care coverage requirements for 2024 and beyond. Conclusion of COVID-19 Coverage Requirements: With the conclusion…

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Employee Benefit Plan Limits in 2024

By Caitlin Diaz | January 10, 2024 |
A man and a woman are seated at a desk, reviewing documents together with smiles, appearing engaged in a discussion. The caption reads, "Employee Benefit Plan Limits in 2024," along with the SIA Blogs logo.

Many employee benefits have annual dollar limits, adjusted for inflation by the IRS. Common benefits affected include: The IRS announces these limits before each calendar year, allowing employers to update plans accordingly. This overview provides 2024 inflation-adjusted limits, with 2023 limits for comparison. Note that some limits, like dependent care FSA and HSA catch-up contributions,…

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Safeguarding Your Future

By Caitlin Diaz | September 1, 2023 |
A couple walks arm-in-arm along a peaceful beach, enjoying the sunny day and the ocean view, evoking a sense of togetherness and security. The caption reads, "Safeguarding Your Future," with the SIA Blogs logo.

Welcome to the month of September, where we join hands to raise awareness about a vital aspect of financial planning – Life Insurance. Life Insurance Awareness Month serves as a reminder to protect what matters most – your loved ones and their future. As an insurance company dedicated to securing your peace of mind, we…

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It’s Back to School, NOT Back to the ER!

By klanning | September 14, 2022
A young baseball player in a red jersey and gray pants is in the middle of swinging at a pitch on a baseball field. In the background, several teammates are seated and watching the game. The caption reads, "It’s Back to School, Not Back to the ER!" with the SIA Blogs logo.

Did you know, that the most dangerous ages for boys are 12 to 13; making up almost 18 % of all boys’ school injuries over the past two years? The most dangerous ages for girls are 13 to 14; making up 17% of injuries for all girls. Approximately 6 million youth participate in school-affiliated team sports and over 30 million play sports outside of school. It’s no wonder that sports-related injuries account for 3.5 million doctors and ER visits each year!

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