The following is a case study based on real Kapnick clients about an employee trying to choose between a HDHP or a PPO medical insurance plan. THE PROBLEM An employee whose main healthcare expense is prescription costs were given the choice by their employer between a High Deductible Health Plan (HDHP) and a Preferred Provider Organization (PPO). Despite the fact that their
As with any business, there are a few specialty risks that Law Firms should be aware of. Each of these risks has an insurance plan that can help to combat any problems that may arise, and help protect your law firm. As an expert in Employee Benefits, Kapnick provides holistic solutions for our clients. Our one firm approach includes having
Your employees’ healthcare costs are rising every year–both in premiums as well as doctor visits and prescription drugs. They won’t need to look for ways to pay if money is already set aside to cover unplanned medical expenses. Additionally, they can refrain from taking on more debt than what is manageable
Diversity is a key element that will help to attract and retain employees. People value inclusive organizations that make sure to support equal opportunity in addition to having a work force that is diverse in race, gender, sexual orientation, and even age. An inclusive workplace with a variety of ages comes with a variety of benefits, including:
One of the most important things for employees in the workplace is their health and wellness. A healthy employee is a productive employee as they are able to focus their time and energy on work, not what might have them feeling under the weather. At Kapnick, we have various tools and resources available to help improve and maintain the health and wellness of clients
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
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
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
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
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
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