PSA Perspective Blog | Contact Us | (800) 677-7887 |

PSA Perspective

5 Ways Cyber Insurance Can Help Your Physician’s Practice Manage Cyber Risk

Mike Volk • Jun 16th, 2017

Did you know? To date, in 2017 there have been 133 reported data breaches in the healthcare industry – on average 17,849 records breached per incident. The Ponemon Institute estimates the cost per lost or stolen healthcare record to be about $400. This does not include fines and penalties, which can further increase the cost. Do the math, healthcare breaches are expensive. Continue Reading

,

Ever been asked to provide a Certificate of Insurance?

Jeremy Brown

A question I hear from clients often is “How do I get a Certificate of Insurance?” A request for a Certificate of Insurance (COI) may be the most frequent interaction you have with your property and casualty broker or your insurance carrier.

If you’ve never had to obtain a COI before, here’s an overview of what a COI is and how to request one.    Continue Reading


What is a Controlled Group?

Tina Bull

When several entities (whether incorporated or unincorporated) share common ownership, a controlled group or common control may exist.  For many IRS benefit plan purposes, a controlled group is treated as a single employer.  For example, the determination of an employer’s size for purposes of COBRA, Medicare Secondary Payer rules and the ACA’s Applicable Large Employer status are determined on a controlled group basis.  IRS non-discrimination testing is generally performed on a controlled group basis.  This Benefit Minute provides a high level overview of controlled groups. Continue Reading


From the Archives

May
25th
PSA’s Office Renovation Improves Employee Engagement, Performance and Client Experience

Research has shown that employees who are highly dissatisfied with their work environment are often the least engaged. And that lack of engagement can often translate to poor customer service and less satisfactory client outcomes. At PSA, we recognize the importance of a favorable work environment for our employees — so they’re equipped to better […]

May
15th
How to Craft the Right Insurance Policy for Your Brewery

There are about 5,300 active breweries today across the U.S. That’s the most ever — and the number has increased sharply in just the last 10 years. If you’re a brewer, you already know this: The joy of brewing is not just about creating that perfect glass of ale; it’s also about seeing people enjoy […]

May
5th
Shackleton’s Leadership Lessons from the Bottom of the World

In 1914, Sir Ernest Henry Shackleton and his crew of 28 men set off for Antarctica to become the first people to ever cross the continent via the South Pole. He led the explorers on what is considered one of the greatest undertakings and leadership stories in recorded history. He called his expedition “The Imperial […]

Apr
26th
Final Rule Addresses ACA Marketplace Stability

The Centers for Medicare and Medicaid Services (CMS) has issued a final Market Stabilization Rule that is intended to help lower premiums and stabilize the individual and small group markets as well as increase health insurance choices in markets that are threatened by insurer exits.

Apr
12th
Looking for top talent? Employers need to nail the interview.

If you were a candidate interviewing for a job, you’d probably receive the advice, “Preparation is key.” But even on the other side of the table — as an employer interviewing candidates for an open position — the same recommendation applies.

Apr
5th
Closing the Gap on Rideshare Fleet Insurance

The new sharing economy — epitomized by companies like Getaround and Airbnb — has necessitated updates and shifts in the insurance market, as insurers catch up to these new business models and the risks that come along with them. The availability of insurance for fleet companies providing vehicles to drivers for rideshare activities is one of […]