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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


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,...
Clayton Wood
Jul 5, 20232 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


Building, Implementing & Sticking to a Financial Plan
Financial wellness is a state of being where one has a sense of financial security and stability. It's achieved when a person is able to...
Clayton Wood
Jun 19, 20232 min read


Why Should I Have Life Insurance?
Life insurance is a type of insurance that pays out a sum of money to your loved ones or beneficiaries upon your death. While it can be...
Clayton Wood
Jun 13, 20232 min read


Benefits of a 401(k)
Employee sponsored retirement plans are an essential tool for people who want to save for retirement. These plans are typically offered...
Clayton Wood
May 31, 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


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...
Clayton Wood
May 1, 20232 min read


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...
Clayton Wood
Apr 25, 20232 min read


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...
Clayton Wood
Apr 5, 20231 min read


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...
Clayton Wood
Mar 30, 20231 min read


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...
Clayton Wood
Mar 20, 20232 min read


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...
Clayton Wood
Mar 7, 20232 min read


Amazon's New Prescription Subscription Service
Amazon recently announced a new prescription subscription service, which allows customers to save up to 80% on select generic...
Clayton Wood
Feb 21, 20231 min read


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...
Clayton Wood
Feb 13, 20232 min read


Prescription Risk Mitigation Strategy Example
Does your company have a prescription risk mitigation strategy in place? If not, you're costing your company over $1,000 per employee per...
Clayton Wood
Feb 6, 20231 min read


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...
Clayton Wood
Jan 23, 20231 min read


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...
Clayton Wood
Jan 11, 20231 min read


Identifying High Claimants
Taking a look at what a high claimant looks like and solutions to help manage claims. What is a High Claimant? A company has 75 employees...
Clayton Wood
Dec 6, 20222 min read


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...
Clayton Wood
Nov 14, 20221 min read


Diving into Direct Contracting
Lowering Healthcare Cost & Improving Quality of Care What is Direct Contracting? As the cost of healthcare continues to increase, many...
Clayton Wood
Nov 7, 20222 min read


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...
Clayton Wood
Oct 26, 20221 min read


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...
Clayton Wood
Oct 8, 20222 min read
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