Most Workers Uncomfortable with Cash-for-Coverage Plans

Most Workers Uncomfortable with Cash-for-Coverage Plans

A recent survey found that the majority of employees prefer traditional employer-sponsored health insurance over receiving cash through an individual coverage health reimbursement arrangement (ICHRA) to buy their own coverage on the Affordable Care Act marketplace. The survey, conducted by Softheon, a health coverage distribution technology firm, and its subsidiary W3LL, found that 80% of…

2024 Distinguished Employee – Barbara Baker

Congratulations to Our Distinguished Employee Award Recipient!   Barbara Baker Receptionist / Facilities Assistant Administration Department, Redding Office Each year, InterWest recognizes employees who are identified by their co-workers as having demonstrated an extraordinary commitment to their clients, workmates as well as their community. This partnership between work and giving back makes them stand out…

Close up lawyer businessman working or reading lawbook in office workplace for consultant lawyer concept.

Employers Wrestling with Fiduciary Benefits Compliance Issues, Leave Laws

A new report has found that employers are increasingly wrestling with two challenges in their human resources departments: growing employee benefits fiduciary liability issues, and administrative difficulties in managing employee leaves. Employers are facing lawsuits by employees who allege they mismanaged their health and wellness benefits, and recently enacted legislation has increased their fiduciary responsibilities,…

Fire insurance L.A. fires

How the L.A. Fires May Affect Your Commercial Property Insurance

The fires that have ravaged large swaths of homes and businesses in Los Angeles are likely to significantly alter the California commercial property insurance market. Policyholders may need to brace themselves for surging premiums, policy non-renewals and uncertainty. These wildfires will result in record payouts by insurers. Moody’s RMS estimates insured property losses from the…