Clayton Wood
Maximizing Your Flexible Spending Account (FSA) Benefits: Year-End Planning Guide
As the year draws to a close, it's time to start thinking about your financial strategies and how to make the most of the benefits...
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Clayton Wood
- Sep 9
- 2 min
Telemedicine Benefits: Making the Most of Virtual Healthcare
Telemedicine has emerged as a revolutionary solution in the healthcare industry, transforming the way medical services are delivered....
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Clayton Wood
- Aug 17
- 2 min
Tips for Navigating Health Insurance Open Enrollment
Open enrollment season can be a crucial time for your business and your employees. It's a period that demands careful planning and clear...
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Clayton Wood
- Jul 30
- 1 min
Health Insurance Premiums: Brief Overview
Providing comprehensive health insurance coverage is crucial for attracting and retaining top talent while ensuring the well-being of...
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Clayton Wood
- Jul 18
- 3 min
Understanding COBRA: A Comprehensive Guide
As a Business Owner or Human Resource Manager, you play a crucial role in ensuring that your organization remains compliant with various...
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Clayton Wood
- Jul 5
- 2 min
What is a Pharmacy Benefit Manager?
A pharmacy benefit manager (PBM) is a third-party administrator that manages prescription drug programs for health insurance plans,...
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Clayton Wood
- May 12
- 2 min
Impact of Extended COBRA Deadlines: COVID-19 Emergency Declaration Expires May 11, 2023
The COVID-19 pandemic has brought about changes in the workplace, including the extension of deadlines for COBRA coverage for employees...
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Clayton Wood
- May 1
- 2 min
What You Need to Know: COVID-19 Emergency Declaration Expires May 11, 2023
The Biden Administration has announced that the Public Health Emergency and National Emergency declarations related to the COVID-19...
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Clayton Wood
- Apr 25
- 2 min
Breaking Down the Top Benefits So Far in 2023
As a business owner, it's important to stay up-to-date on the latest health benefit trends so you can ensure your employees are getting...
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Clayton Wood
- Apr 5
- 1 min
Quick Tips for a CFO When it Comes to Health Insurance
Here are three tips for a CFO when it comes to your health insurance plan: Understand the costs: One of the most important factors in...
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Clayton Wood
- Mar 30
- 1 min
Benefits of a Self-Funded Health Plan
C. B. Wood Financial understands the importance of selecting the right health insurance plan for your business. Self-funded health...
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Clayton Wood
- Mar 20
- 2 min
Fully Insured vs. Self-Funded Health Insurance Plans
In the world of employee benefit plans, there are two types of health insurance plans – fully insured and self-funded/level funded. Both...
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Clayton Wood
- Mar 7
- 2 min
The Rising Cost of Healthcare
The rising cost of health insurance is a major concern for CFOs and other business leaders. In recent years, health insurance premiums...
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Clayton Wood
- Feb 13
- 2 min
Incorporating Employee Benefits into Your Company Culture
Employee health benefits are an important part of any successful company culture. They not only help keep employees healthy and...
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Clayton Wood
- Jan 23
- 1 min
Applying the 80/20 Rule to Your Health Plan
In health insurance, you will often hear the Pareto Principle or the 80/20 Rule applied regarding how healthcare costs are divided among...
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Clayton Wood
- Jan 11
- 1 min
Breakdown of Health Insurance Premium Costs
Whether you are paying for all your employees’ health insurance premium or just a large portion, you need to know where your money is...
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Clayton Wood
- Nov 14, 2022
- 1 min
Working with C. B. Wood Financial
Is your company a good fit? The Affordable Care Act allows insurance carriers to underwrite health insurance plans with medical claims...
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Clayton Wood
- Nov 7, 2022
- 2 min
Diving into Direct Contracting
Lowering Healthcare Cost & Improving Quality of Care What is Direct Contracting? As the cost of healthcare continues to increase, many...
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Clayton Wood
- Oct 26, 2022
- 1 min
Part 4 Overview: Real-World Examples of Managing Claims
The Chronic Cost Real-World Corporations Participating in Direct Contracting You know by now that managing your claims can save your...
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Clayton Wood
- Oct 8, 2022
- 2 min
Part 3 Overview: Solutions for Lowering Your Chronic Costs Without Sacrificing Care Quality
The Chronic Cost How Direct Contracting Works Did you know that your company has the option to negotiate with healthcare providers...
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