The second phase of OCR’s (the U.S. Department of Health and Human Services Office for Civil Rights) HIPAA (Health Insurance Portability and Accountability Act) is beginning. Building on the HITECH (Health Information Technology for Economic and Clinical Health) Act passed in 2009, the audits have expanded and modified many of the original HIPAA requirements for ... Are You Ready for Phase Two of HIPAA?
Following the financial crisis and economic recession of recent years, the life insurance industry is taking a hard look at their current vulnerabilities and risks. The resulting regulations will have a significant impact across all functions of the life insurance industry—and this trend of industry regulation is only anticipated to increase. As regulatory changes sweep ... What’s on the Regulatory Horizon for Life Insurance Companies?
Today’s labor force is experiencing a break-neck evolution. Much as the nation of today looks radically different from that of 1980, so too will the United States of 2050 look very different from that of today. Already, demographic predictions paint a picture of a very different workplace in the near future, as employees “gray,” female ... The Growing Diversity and Inclusion Mandate
From Christmas tree missiles to insured body parts, we have covered a number of unique insurance policies and claims. But what about in the world of health insurance? With more and more individuals electing into insurance coverage, surely there must be a growing number of exceptional claims. So what are some of the most unusual ... Doctor, Doctor: Uncovering Today’s Wackiest Health Insurance Claims
This blog entry is part two in Jacobson’s Insurance Recruitment and Selection series, which provides insights into updated recruitment and selection processes and strategies for the modern workplace. The insurance industry is enjoying a return to its pre-recession strength. Low unemployment rates and positive revenue growth projections are resulting in an increased focus on building ... Revive Your Recruitment and Selection Strategies: The Drive to Hire
The results from our latest Semi-Annual U.S. Insurance Labor Outlook Study are here! Check out the latest insurance industry statistics to learn what hiring and revenue trends you should be on the look for in 2016. Currently the U.S. Bureau of Labor Statistics (BLS) is reporting insurance unemployment at 3.0 percent in February—with predictions forecasting ... Staffing Continues to Dominate Industry Labor Concerns
This blog entry is part two in Jacobson’s Insurance Careers Month series. Often described as old-fashioned, behind the times and an “old boy’s club,” the reality of the insurance industry as a noble career choice is being overshadowed by popular misconceptions. As a result, the true story of insurance is being overlooked. Insurance is an ... The Insurance Trifecta: Embracing a Career of Meaning and Reward
This blog entry is part one in Jacobson’s Insurance Careers Month series, which features our own Millennial bloggers providing their unique insights and insider perspectives into insurance as a great career choice. It is my pleasure to introduce Steve Lessaris as our Millennial guest blogger for this latest post. Steve is a Client Development Manager ... The Insurance Trifecta: Unlocking the Answer to the Career Stability Conundrum
Employee retention is essential to an organization’s success. High turnover not only hurts your bottom-line, but also damages morale among remaining employees. As the economy grows stronger and job creation continues to accelerate, workforce retention is becoming more and more important. The quit rate is quickly approaching levels not seen since before the economic recession. ... Are Stay Interviews the Key to Unlocking Your Employees’ Hearts?
The insurance industry stands at the cusp of a growing talent crisis. Nearly half of insurance professionals will be retired or on the verge of retirement within the next 15 years. To remain fully staffed, the industry needs to fill 400,000 open positions by 2020. Unfortunately, graduates from risk and insurance programs currently meet only ... The Insurance Career Story: Stable, Rewarding, Limitless.
We’ve all heard the stories: Gene Simmons and his $1 million tongue, Mariah Carey and her $1 billion legs, and Julia Roberts and her $30 million smile. In the world of insurance, celebrities top the list of outlandish policies, but what about insurance in athletics? Professional sports are well known for their big dollar items. ... The Wild World of Sports Insurance
The business world as we know it is changing. Etsy has transformed the handmade marketplace, allowing artisans and crafters to sell products to a global, online audience. Uber has single-handedly turned the taxi industry on its head with its groundbreaking rideshare application. Rent the Runway now allows individuals to rent designer gowns and accessories for ... Insurance Disruption: Embracing the New Reality