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The January Checklist for HR: Setting Up a Health Plan That Works All Year
January isn’t just the start of a new benefits year—it’s the best time for HR teams to get ahead of cost, engagement, and member experience before problems show up at renewal. A well-managed health plan doesn’t happen by accident. It’s built with intentional steps taken early in the year. Here’s your practical January checklist to ensure your health plan performs all year long: 1. Review Your Claims & Utilization Data Early Don’t wait until renewal to find out what’s driving

C. B. Wood Financial
Nov 182 min read


Why Better Benefits Don’t Have to Cost More at Renewal
Each renewal season, employers face the same impossible choice: absorb another rate increase or cut back on benefits. But what if the real issue isn’t the benefits themselves —it’s the structure of your health plan? For companies still operating under fully insured plans, annual renewals often mean less control, limited transparency, and rising costs year after year. The truth is, improving benefits and lowering costs aren’t mutually exclusive. With a self-funded health plan,

C. B. Wood Financial
Oct 271 min read


Don’t Let Rising Healthcare Costs Eat Your 2026 Budget
For many companies, health insurance renewals arrive with a sense of dread—often a double-digit increase that feels more like a fixed...

C. B. Wood Financial
Sep 242 min read


Understanding CAA Reporting: What Self-Funded Employers Need to Know
The Consolidated Appropriations Act (CAA) introduced significant reporting requirements for employer-sponsored health plans, including...

C. B. Wood Financial
Apr 22 min read


The Power of Prescription Sourcing: How Employers & Employees Benefit from Smarter Solutions
Prescription drug costs continue to be a major financial burden for both employers and employees. For self-funded health plans, the...
Clayton Wood
Feb 252 min read


Top Health Insurance Trends for 2025: What You Need to Know
As we step into 2025, the health insurance landscape continues to evolve rapidly, presenting both challenges and opportunities for...
Clayton Wood
Jan 242 min read


How to Transition from a Fully Insured to a Self-Funded Plan: A Step-by-Step Guide for Employers
For many businesses, switching from a fully insured health plan to a self-funded one can seem daunting. However, the benefits can be...
Clayton Wood
Oct 8, 20242 min read


Maximizing Your Health Insurance: How to Save on Prescription Medications
Managing healthcare costs is essential, especially when it comes to prescription medications. With the rising prices of drugs, finding...
Clayton Wood
Jun 28, 20242 min read


Health Savings Accounts (HSAs) vs. Flexible Spending Accounts (FSAs): Which Is Right for You?
As a human resource manager or CFO, you're tasked not only with ensuring the well-being of your employees but also with navigating the...
Clayton Wood
May 30, 20242 min read


Revolutionizing Healthcare: The Rise of Direct Primary Care (DPC)
In the ever-evolving landscape of healthcare, one model has been steadily gaining traction for its innovative approach and promising...
Clayton Wood
Apr 1, 20242 min read


Navigating the Future: 2024 Health Insurance Trends to Watch
As we step into 2024, As we step into 2024, the world of health insurance continues to evolve at a rapid pace. From technological...
Clayton Wood
Jan 3, 20242 min read


Demystifying Stop Loss Insurance in the Self-Funded Health Insurance World
Navigating the complex world of health insurance can be daunting, especially when you're exploring the self-funded health insurance...
Clayton Wood
Nov 5, 20232 min read


Employee Education: The Key to Successful Health Insurance Utilization
As a business owner or HR manager, you understand the importance of providing comprehensive health insurance benefits to your employees....
Clayton Wood
Oct 3, 20233 min read


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...
Clayton Wood
Sep 19, 20233 min read


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....
Clayton Wood
Sep 9, 20232 min read


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...
Clayton Wood
Aug 17, 20232 min read


Health Insurance Premiums: Brief Overview
Providing comprehensive health insurance coverage is crucial for attracting and retaining top talent while ensuring the well-being of...
Clayton Wood
Jul 30, 20231 min read


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...
Clayton Wood
Jul 18, 20233 min read


Dealing with Depression in the Workplace
As an employer, you have a responsibility to create a safe and healthy workplace for your employees. This includes taking steps to...
Clayton Wood
Jun 27, 20232 min read


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...
Clayton Wood
May 12, 20232 min read
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