Featuring authors from across our organization on various topics related to risk management and employee benefits, our blog is a great resource to help you stay informed.

Our Scott thought leaders provide content on a regular basis to elevate your thinking surrounding critical components of your company’s culture and overall performance.

OSHA Electronic Reporting Delay

The OSHA electronic reporting rule requires certain establishments to report information electronically from their OSHA Forms 300, 300A and 301. The rule also requires OSHA to create a website that can be used to submit the required information. Under the rule, the first reports were due by July 1, 2017

However, on a recent update to its recordkeeping webpage, OSHA indicated that the Injury Tracking Application (ITA) website will not be ready to receive electronic workplace injury and illness reports until Aug. 1, 2017, and has proposed Dec. 1, 2017, as the new deadline.  

Continue reading

Healthcare Reform

Lee and Moran Announce Opposition to BCRA; McConnell Changes Course

Last night (Monday, July 17) Senators Jerry Moran and Mike Lee simultaneously released statements that they would not vote to proceed to debate on the Better Care Reconciliation Act (BCRA). With Senators Rand Paul and Susan Collins already in the “no” column, this announcement made it clear to Majority Leader Mitch McConnell that he would not be able to proceed as planned. In a statement released last night he stated, “Regretfully, it is now apparent that the effort to repeal and immediately replace the failure of Obamacare will not be successful.” He then stated, “In the coming days, the Senate will vote to take up the House bill with the first amendment in order being what a majority of the Senate has already supported in 2015 and that was vetoed by then-President Obama: a repeal of Obamacare with a two-year delay to provide for a stable transition period.”

Continue reading

Auto Coverage

What Drives Personal Auto Insurance Rates?

If you drive a vehicle, you are required by law to have personal auto insurance. But why do we need it?

Consider hitting a car and injuring three passengers. If both your vehicle and the other vehicle are valued at $20,000 and considered total losses, and each passenger has medical claims of $20,000, this quickly adds up to $100,000! That’s an amount most individuals wouldn’t want to have to include in their annual budgets.

The function of insurance is to accept the risk from many people to pay for the losses of the few. Personal auto insurance protects drivers from having to personally pay for all the damages they are responsible for resulting from an auto accident. Even though you paid your insurance company much less in premiums, the insurance company pays these higher amounts on your behalf based on your policy coverage.  

Continue reading

Healthcare Reform

Senate Releases Draft Health Care Bill

UPDATE – Tuesday, June 27, 2017

Yesterday the Congressional Budget Office (CBO) released their cost estimate which indicated that they expect the Better Care Reconciliation Act (BCRA) to reduce the deficit by $321 Billion over 10 years. The CBO also estimates that under the BCRA 22 million more people would be uninsured in 2026 compared to the current law. Click here to read the full CBO report.

Additionally, the Senate updated the draft bill yesterday to fill the gap due to the repeal of the individual mandate. They added language that would require an individual who had more than a 63-day gap in coverage to complete a six-month waiting period before their coverage would be reinstated.
 
Regarding the timing of an expected vote on tbe bill, Senate Majority Leader Mitch McConnell announced earlier this afternoon that they would delay the vote and continue the discussion around the bill until after the July 4th recess.  McConnell had stated previously that the goal was to vote on the bill before the end of this week.


On Thursday, June 22, the Senate released a “Discussion Draft” of the Better Care Reconciliation Act (BCRA).  Click here to view the draft.  At this point, the bill is still open for amendments and awaiting a CBO score at the beginning of next week. This means that the contents of the existing draft bill will most likely change prior to an expected vote before the Senate leaves for the July 4th recess next week.  

Continue reading