Over two years since the Covid-19 pandemic started to change the world, it is still affecting everyday lives – especially in the workplace. Many employees do not want to return to the “normal” that was before the COVID pandemic, preferring a hybrid or fully remote schedule. In a recent Mercer study, the flexibility to work from home went from 17th in 2020 to 2nd in 2022 on the list of what
The cannabis industry is still rapidly developing. With the potential for serious financial rewards on the horizon for innovative investors, there are also serious risks. Read on to learn how you can protect your individual assets. In addition to working with organizations to support their business insurance and employee benefit programs, Kapnick also has in-house experts
Supporting your attorneys and partners through their stress, high demands, and long hours is a considerable task. An effective way to help ease the life of your partners and employees in a law firm is to provide them with an excellent employee benefits package. At Kapnick, we recognize the importance of having a
At Kapnick, we understand there are a variety of ways to structure your organization and employee benefits plan, particularly if you have multiple locations and profit centers. Cannabis organizations in particular can have complicated arrangements. Whatever your unique situation, we can help ensure you have the right benefits structure. Read more about how we saved
The following is a case study based on real Kapnick clients about a manufacturing company’s struggle with segmented benefit plans between multiple locations. THE PROBLEM A new client in the automotive parts manufacturing industry with approximately 1,000 employees had segmented benefit plans between three
Quick Facts: The Affordable Care Act (ACA) requires health insurance issuers and employers that sponsor self-funded group health plans to pay Patient-Centered Outcomes Research Institute (PCORI) fees. Employers that sponsor fully insured health plans are not required to pay the fee directly, but employers sponsoring self-funded plans must pay the fee annually on IRS Form 720.
Many people have heard of or seen Kapnick Insurance in one way or another, but probably don’t know about our vast history. Take a look inside the history of Kapnick Insurance and how it all got started when Doug, Jim, and Mike sat down with WJR’s Business Biography’s host Jeff Sloan. Kapnick was founded in 1946 by Elmer Kapnick. He started the company out of necessity,
As leaders in the emerging cannabis industry, you are very familiar with evolving laws, rules, and regulations governing your choices. There are countless rules and regulations governing employee benefits plans, many of which are complex. At Kapnick, we take a holistic approach to our benefits consulting, providing you with the most effective
Wherever you’re located, you want on-the-ground, local experts to ensure you have the best access, resources, and insider knowledge. At Kapnick, we provide this. While Kapnick is the largest privately-owned insurance brokerage in Michigan, our reach extends far beyond our beautiful Great Lakes’ State’s borders. And if we don’t have direct, personal experience
The following is a case study based on real Kapnick clients about the poor employee engagement and low benefits enrollment a client was experiencing. THE PROBLEM A large property management group based in Michigan had full-time and part-time employees scattered throughout the US, primarily in Southern