"Long Term Planning in a Recessionary Environment".
Until recently, many investors were planning to use their retirement assets to self insure the cost of long term care. With recent economic turmoil, those plans may need to be revisited. To see if your long term care strategy still makes sense, or if you need to start thinking about one, you will find this webinar helpful.
Click here to access the playback.
Swine Flu Risk Management (April 30, 2009)
An overview of the current situation, pragmatic risk management and business continuity planning advice, and an examination of implications for insurance coverage and claims.
Would you like to save on your small group medical insurance and get complimentary access to Mercer Select HR KnowHow?
We thought so!
Groups of 2 – 50 members and employees can save on group medical plans through a variety of ways with help from Marsh. Whether it is through saving with high deductible health plans for Health Savings Accounts, special Rate Adjustment Factor promotions, or regualr plan design recommendations, Marsh can help..
Tuolumne County Medical Society
A Marsh representative followed up with a member and found we could save him significant premium on his workers’ compensation insurance through the association’s sponsored plan effective October 1, 2009. The prior carrier was State Fund with a rate of approximately $2.33. Member savings: $9,316 (over 54%)!
Los Angeles County Medical Association
A member was insured through two different policies (equipment policy and a general liability policy) with two different insurers. After speaking with a Marsh representative, he combined his coverage into one Business Owners Package policy which included the coverages he needed. Member savings: $4,150 (over 75%)!
Orange County Medical Association With only 48 hours notice, a member called us for help. They could no longer keep their Fireman’s Fund Business Owners Package policy because their agent was no longer appointed. Instead they were presented a BOP quote through another company at a much higher premium. We obtained a Broker of Record letter from the member, contacted Fireman’s Fund, and renewed the policy without a change in premium.
Santa Clara County Medical Association
A member saved on workers’ compensation insurance through the association’s sponsored plan effective July 1, 2009; prior carrier was Zenith with a renewal rate of $2.10. Member savings: $341 (over 40%)!
Los Angeles County Medical Association
A member saved on workers’ compensation insurance through the association’s sponsored plan effective June 30, 2009. The prior carrier was State Farm with a renewal rate of $2.18. Member savings: $1,413 (over 44%)!
Riverside County Medical Association
A member saved on workers’ compensation insurance through the association’s sponsored plan effective June 24, 2009; prior carrier was Preferred Employers with a renewal rate of $1.61. Member Savings: $358 (over 24%)!
Humboldt Del Norte Medical Society
A member saved on workers’ compensation insurance through the association’s sponsored plan effective May 1, 2009; prior carrier was State Fund with a renewal rate of $2.82. Member savings: $1,032 (over 56%)!
Riverside County Medical Association
A member saved on workers’ compensation insurance through the association’s sponsored plan effective March 16, 2009; prior carrier was Hartford with a renewal rate of $1.46 (approx). Member savings: $613 (over 24%)!
Humboldt-Del Norte County Medical Society
A member received their workers’ compensation renewal quote from State Farm at $2.19 for July 1, 2008. They called Marsh and through the Society’s sponsored plan lowered their rate by over 42%. Member savings: $5,301!
Los Angeles County Medical Association
A member established a high deductible health plan for the physician without changing his staff’s insurance. He moved from Blue Cross into a comparable Blue Shield plans. By using his 5% Blue Shield member discount, updating his plan design with a HDHP and taking advantage of aggressive new business pricing the member saved significantly. Member Savings: (approx.) $15,000 (over 40%)!
Humboldt-Del Norte County Medical Society
A member saved on workers’ compensation through the society’s sponsored plan; prior carrier was Zenith with a renewal rate of $2.73. Member savings $1,411 (over 62%)!
San Mateo County Medical Association
A member with a high deductible health plan and a health savings account changed insurers, raised the deductible, but kept the remaining plan benefits almost identical. Member savings: 30.5%!
Orange County Medical Association
A member moved their medical coverage from a PacifiCare PPO to a combination of plans at Health Net, including HDHP, HMO and PPO plans, and qualified for a “Rate Adjustment Factor special” which reduced their premiums. Member savings: (approx.) $17,500 annually!
Santa Barbara County Medical Society
A member implemented high deductible health plans and health savings accounts for the two physician owners. Member savings: $20,000!
Special member discounts and benefits
Workers' Compensation - Members receive a 5% premium discount (or 15% depending upon where you place your group health insurance.
Long Term Care - Members receive a 5% discount from John Hancock
Long Term Disability - Medical Specialty definition of disability
Employment Practices - Special First Time Buyer Program
HR KnowHow -Available at no charge to all members who purchase group health insurance from Marsh
Group Buying Discounts
Members of the CMA and County Medical Association have the ultimate in group buying at their fingertips. From auto insurance to retirement plans, CMA’s discount programs will save you time and money. Many CMA/County members save more than their annual dues!
Members of the CMA / County Medical Association are eligible to receive a 5% premium discount on their workers’ compensation premium when they purchase or renew their policies through Marsh. And, depending upon where you place your group medical plan, the savings can be even greater. With rates on the rise, this discount is more important than ever.