10 Employee Benefit Secrets Most Employers Miss QUICK ANSWER The most expensive part of your employee benefits plan isn’t the premium, it’s what happens after the paperwork is signed. Most employers never see the difference between a broker who shows up once a year and one who answers when an employee is in trouble. These…
Independent vs Captive Insurance Agencies in Indian Land, SCWhy This Choice Matters for Indian Land Residents When you’re shopping for insurance in Indian Land, SC, the options can feel overwhelming. Should you call a big national brand with a familiar jingle? Or should you sit down with a local, independent agency like HFC Insurance that…
The Power of Local: How Main Street Beats Wall Street When you support a local business in Lancaster, SC, you’re doing more than just making a purchase — you’re investing in your own community. You’re not clicking a button on a giant website that funnels your money to a corporate headquarters in another state. You’re…
Sundown Promise & Service Culture: How We Made Insurance Personal Again Remember when people knew your name at the bank? Or when a handshake actually meant something? At HFC Insurance, we’re bringing that feeling back. We call it our Sundown Promise — and it’s the heart of how we made insurance personal again. What is…
How Employee Benefits Drive Business Success in Charlotte, NC and Rock Hill, SC Imagine steering your Charlotte or Rock Hill small business through the unpredictable waters of today’s market, much like a captain navigating a ship. You have a solid crew, reliable products, and a clear destination in mind. But what if the key to…
The Biggest Mistakes You Make with Life Insurance (and How to Avoid Them) When it comes to life insurance, the biggest mistake you can make is thinking you don’t need it. But even those who recognize its importance often stumble into pitfalls that could leave them or their loved ones vulnerable. Let’s dive into the…
Top 5 Employee Benefits That Attract Talent to Charlotte, NC Businesses Charlotte is booming. With its vibrant business scene, rich culture, and rapidly growing economy, it’s no surprise that companies here are competing for top-tier talent. But here’s the thing—salary alone isn’t enough to attract and retain the best people anymore. Today’s workforce is savvy;…
10 Must Have Employee Benefits in Charlotte NC As an employer in Charlotte NC, providing your employees with comprehensive benefits is key to attracting and retaining top talent. But with so many options out there, it can be difficult to know which benefits are most important. In this blog, we’ll cover the 10 must have…
What Are Your Options for Affordable Small Business Health Insurance? Whether your business is in Lancaster SC or Charlotte NC, small businesses are constantly seeking ways to stay competitive against larger rivals, and one crucial aspect of this is attracting and retaining top talent. One of the most sought-after benefits by employees is access to…
How Business Owners and HR Professionals are Protectors of Their Teams In the world of business, there are many hats to wear—strategist, leader, negotiator, and, perhaps less recognized but equally critical, protector. Business owners and HR professionals play a pivotal role in safeguarding their employees’ well-being, and it’s high time we shine a light…
Who is the Best Insurance Agency in Rock Hill, SC? Imagine you’re on a quest. Your goal? To find the best insurance product for the best price. But you don’t want to do it alone—you need a guide to help navigate the complicated world of insurance. Insurance can be daunting, and in Rock Hill…
Discover Why HFC Insurance is the Best Insurance Broker in Rock Hill, SC When it comes to finding the best insurance broker in Rock Hill, SC, it can feel like navigating through a maze. With so many options, how do you know who to trust? Let’s delve into why locals consistently choose HFC Insurance.…
Small Business Insurance in Charlotte, NC Charlotte’s skyline, dotted with high-rises and small businesses alike, speaks to the city’s thriving entrepreneurial spirit. As a small business owner here, you’re part of that vibrant pulse, but the truth is, success in Charlotte comes with its challenges. Just like the fast-changing weather in the Carolinas, the business…
Creative Employee Benefits Ideas to Stand Out as an Employer As competition for top talent intensifies, employers are looking for ways to differentiate themselves and attract and retain the best employees. One way to stand out is by offering creative and unique employee benefits. In this post, we’ll share some creative employee benefits ideas…
What are 5 Things People Look for in a Local Insurance Agent in Lancaster SC? When searching for a local insurance agent in Lancaster SC, people typically look for someone who is knowledgeable, trustworthy, and responsive to their needs. Here are some more specific details and examples of the top things people look for in…
The Top 5 Myths About Insurance Insurance is something that most of us will need at some point in our lives. Yet, there are still many myths and misconceptions surrounding insurance that can prevent people from obtaining coverage. In this blog post, we’ll debunk the top 5 myths about insurance and set the record…
5 Common Myths About Life Insurance You Need to Know Debunking Misconceptions About Life Insurance Life insurance is a crucial financial product that can provide valuable protection for you and your loved ones. However, many people have misconceptions about life insurance that prevent them from getting the coverage they need. In this article, we’ll…
10 Must Have Employee Benefits and How HFC Insurance Can Help! As an employer, providing your employees with comprehensive benefits is key to attracting and retaining top talent. But with so many options out there, it can be difficult to know which benefits are most important. In this blog, we’ll cover the top 10 most…
How Does HFC Insurance Provide Outstanding Customer Service to Our Clients? At HFC Insurance, customer service is more than just words. It’s our culture. Join our family to see what we are talking about. Here are some of the key factors that make our customer service stand out: Local Support We are…
Is It Time to Fire Your Insurance Broker? Are you tired of dealing with a lackluster insurance broker who doesn’t have your best interests in mind? It’s time to consider making a switch to a different insurance broker. In this post, we’ll discuss the importance of having a good insurance broker, common issues you may…
How the Right Broker Can Help a Business Recruit the Right Employees Recruiting the right employees with the right benefits package can be a daunting task for businesses. Many businesses struggle to find and retain top talent due to a lack of understanding about the benefits they offer. However, with the help of the…
5 Common Issues People Face When Choosing Insurance and How to Avoid Them When it comes to choosing insurance, many people face common issues that can lead to inadequate coverage, unexpected expenses, and other problems. Here are five of the most common issues people encounter when choosing insurance, and some tips on how to…
5 Reasons Why You Need Insurance & How We Can Help Insurance is something that many people don’t think about until they need it. However, insurance can be an essential part of financial planning, providing protection and peace of mind when unexpected events occur. Here are five reasons why you need insurance and how…
Workers Compensation Coverage: Mistakes to avoid when making the purchase Workers compensation coverage is insurance that provides benefits to employees who are injured or become ill as a result of their job. The coverage typically includes medical expenses, lost wages, and rehabilitation costs. Here are some common mistakes to avoid when making a…
What Type of Benefits Can Small Business Owners Offer? Small business owners can offer a variety of benefits to their employees, such as: Health insurance Small businesses can offer their employees several types of health insurance, including: Group health insurance This is the most common type of health insurance offered by small businesses.…
What is an ICHRA? Is it Right for Your Business? As more and more brokers reach out to employers stating, “we can get your employees free health insurance”, understand what they are talking about. Nothing is free and a business needs to understand the whole picture. More employers are opting to fund accounts that…
8 Tips If You Are Changing Your Health Insurance Carrier Changing your insurance carrier from time to time is something we must do. When you do, what are some of the things you need to keep in mind? Make Sure You Don’t Have a Doctor’s Appointment on the Day It Takes Effect It…
What Questions Should I Ask a Pharmacist in Lancaster SC? I had the privilege of interviewing Hugh Mobley at Mobley Drugs in Lancaster, SC. He’s a local pharmacist that’s been in the community for over 40 years. In this podcast, Hugh answered several questions people should ask their pharmacist. I have transcribed that podcast…
President Biden has signed into law a measure that bars forced arbitration for workers who are victims of workplace sexual assault or harassment. The Ending Forced Arbitration for Sexual Assault and Sexual Harassment Act bars employment contracts from requiring employees to settle their claims through private arbitration instead of in a court of law. Arbitrations…
With many companies having decided to allow staff to work remotely permanently or split time between working at home and in the office, employers have to be especially careful about timekeeping and complying with wage and hour laws. That includes requiring staff to show they take meal and rest breaks and are compensated for overtime…
Home Insurance and Power Outage Survival Guide Your home insurance policy is not the only important document you need to keep. There are many things in life we cannot control. The weather and outside forces, are just a few. That’s why we have put together this Home Insurance and Power Outage Survival Guide for…
While your health insurance will cover most of your medical expenses, and costs associated with some medical issues, it won’t cover you for lost income and non-medical expenses you incur if you are unable to work due to your illness. For example, if you have a debilitating stroke or heart attack, your insurance will cover…
For high-net-worth individuals, the financial consequences of being sued can be serious business. They typically have more assets at risk should be they be hit with a large court settlement or judgment and, while compensatory damages may be standard across the board, some juries have seen fit to punish the rich especially hard for their…
As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. Some of the changes concern temporary rules that were implemented during the COVID-19 pandemic. In addition, new rulemaking is…
Choosing a plan during open enrollment is stressful for many people, especially if their life circumstances have changed. Fortunately, there are steps you can take to minimize the stress and also help you choose a plan that is best for your personal situation. Here are some circumstances that illustrate the typical decision-making process to take…
The soaring cost of new prescription drugs is becoming a major driver in overall health insurance price increases. Some of those drugs are so expensive that they are out of reach for the average patient. When people can’t afford the drugs their doctor prescribes, it can result in either severe financial strain, even for those…
As the labor market tightens and businesses struggle to attract new talent, many companies are starting to boost their employee benefit offerings, particularly voluntary benefits. But besides added benefit choices, what many employees want is relief from continually increasing health premiums as well as more options to choose from for their health insurance. Group health…
Regulations are slated to take effect over the next few years that will greatly increase the transparency requirements for group health plans. The regulations issued under the Trump administration will require health insurers in the individual and group health markets to disclose cost-sharing information upon request, make cost-sharing information available on their websites and disclose…
When you look at the dental options for your employer-sponsored health plan, or if you’re just looking at the options available on the market, you may encounter the acronyms DMO and PPO (also known as a PDN), as well as indemnity plan, in the marketing literature. These terms describe types of dental insurance plans. To…
Great perks and incentives packages can help attract top-notch talent, maintain employee morale and improve overall engagement and satisfaction with a company. The coronavirus pandemic has made perks and benefits even more important, particularly in light of so many workers feeling burned out, stressed from working at home or feeling isolated due to closures and…
Small business owners are great at providing jobs. Most are failing when it comes to preparing for a comfortable retirement for themselves and their spouses. What they need is a small business retirement plan. First, most of them are reinvesting almost everything into their businesses. According to a survey from the Bank of Montreal, 58%…
If you are not seeing your dentist every six months for checkups, you should start immediately as doing so can prevent more serious problems in the future. But if you are between visits or haven’t seen your dentist for a while, if any of the following signs arise, you should make an appointment as early…
The legal threat is constantly growing for businesses, by business partners & customers, but also from within -your employee handbook. Currently the bigger threat is being sued by your own staff for running afoul of a smorgasbord of statutes like labor, wage and hour, worker classification, discrimination and harassment laws. As an employer you need…
Employment practices and employee benefit-related lawsuits are on the rise – and employers have to be eternally vigilant when it comes to meeting their compliance obligations as plan sponsors. Take the case of Visteon, a global automotive industry supplier, which outsourced its payroll and enrollment/disenrollment functions to outside plan administrators. But because of internal mistakes…
In the last month of the Trump administration, the Labor Department finalized a regulation to clarify for employers which workers are employees and which are independent contractors. Because independent contractors are typically ineligible for employee benefits, businesses have an incentive to classify workers that way. The new regulation’s purpose is to make answering the question…
In 1985, only 10% of Americans over the age of 65 were still in the workforce. Today, that percentage has doubled to 20%. By 2024, some 13 million Americans over the age of 65 will be in the workforce, according to projections from the Bureau of Labor Statistics. Many people approaching retirement age wonder what…
The newly enacted Consolidated Appropriations Act, 2021(if you have time to read) contains a number of provisions that will affect group health plans. With most changes aimed at helping insured workers with flexible spending accounts, cost transparency and surprise billing are addressed. Furthermore, some of the provisions are permanent while others are temporary, slated to…
The Trump Administration has issued a new rule that will require greater price transparency on the part of health insurers, including the rates charged by in-network physicians and copays and costs of drugs. The final rule requires health plans and health insurers to disclose on a public website their in-network negotiated rates, billed charges and…
As health insurance costs rise and our workforce ages, fewer employers are providing retiree health insurance benefits to their older workers, and are instead asking them to sign up for Medicare. It’s a delicate situation as some older workers may resent being pushed to Medicare, especially if they’ve worked for their employer for a long…
Click Here to Watch the Short Video Instead How Does Disability Insurance Work? Questions Your Employees Ask Disability insurance provides a source of income to people who are unable to work due to an accident or illness. The average disability claim lasts almost 13 months and mortgage foreclosures due to disability occur 16 times as…
Small business is the backbone of the US economy. Without it, the economy would collapse. That doesn’t mean we don’t have our struggles. Competition with larger employers is one of those and is a statement I often hear. How to stay competitive and keep good employees? It’s not that hard and it’s not one of…
Best Insurance Broker in Charlotte NC“I wanted to put in writing a thank you! Marty, you and your team’s performance regarding managing our employee benefits has been amazing! Not only did you keep communications open with us, but we were also continually assisted with our insurance needs. Being a blue-collar industry as well as having…