February 6, 2024
Lyceum Insurance ServicesCelebrating Your Team with Enhanced Benefits
As February unfolds, businesses are gearing up for a special day that holds immense significance: Employee Appreciation Day! It’s a great idea for companies to take a moment to recognize the effort and commitment that their employees make as Employee Appreciation Day draws near. Employers have an excellent chance to show appreciation and make efforts […]
February 2, 2024
Lyceum Insurance ServicesTax Tips for Maximizing Health Insurance Benefits and Tax Deadlines for Businesses 2024
Making sure you file your taxes is key in the United States. For the 2023 year, taxes are due April 15 unless you file an extension. While this is one of the most important deadlines within the tax season, there are other dates that hold equal importance. For employees, retirees, self-employed individuals, etc; January 16, […]
January 17, 2024
Lyceum Insurance ServicesReport Health Plan Costs on Form W-2
Unlock a healthier and financially empowered future with our groundbreaking approach to health plan reporting! Certain US companies must report health plan costs on Form W-2. Employers must record group health plan costs on W-2 forms. This report informs employees about health care costs. Employees’ Form W-2, Wage and Tax Statement, Box 12, must include […]
January 15, 2024
Lyceum Insurance ServicesNew Year, New Coverage: Evaluating Your Insurance Needs for 2024
Step into the New Year with a fresh perspective on your employees’ well-being! As we enter a new year, it’s a good idea to review your insurance coverage to make sure it still meets your changing demands. To reduce risks and protect assets, organizations must continually review their insurance coverage as the business landscape changes. […]
January 11, 2024
Lyceum Insurance ServicesWhat Is Employee Benefits Management and How Can it Help Employers?
As an employer, employee benefits represent integral parts of compensating, caring for and retaining your workforce. These various perks and incentives, such as group health insurance options, employer-sponsored life insurance, financial assistance programs and training and educational opportunities, can all be critical investments for employers. However, employee benefits can often be complicated and nuanced, making […]
January 9, 2024
Lyceum Insurance ServicesBenefits of Executive Coaching for Employers
You rely on leaders and decision-makers to guide your company through clear skies and dark times while streamlining existing operations and leading innovations. But all business executives and leaders can learn more and improve their methods regardless of experience levels or existing skills. With this in mind, your company should take time to understand and […]
January 9, 2024
Lyceum Insurance ServicesMedicare Prescription Drug Cost Changes for 2024
“People with Medicare deserve to have access to accurate information when making coverage choices and to be able to get the care they need without excessive burden or delays,” said Dr. Meena Seshamani, CMS Deputy Administrator and Director of the Center for Medicare. The Centers for Medicare & Medicaid Services (CMS) confirmed that premiums, benefits, […]
January 5, 2024
Lyceum Insurance ServicesBenefits of a Business Risk Assessment in Frederick, MD
It’s unpleasant to consider accidents, professional errors and other incidents impacting your organization, but responsible leaders and decision-makers must consider these possibilities to avoid potentially catastrophic consequences. Preparing for unexpected difficulties can go a long way in minimizing resulting ramifications, including financial losses. Assessing your business’s risks should be integral to your company’s operations. What […]
January 4, 2024
Lyceum Insurance ServicesUnveiling the Future: Trending Benefits in 2024
As we enter 2024, employment benefits are changing rapidly. Employers are realizing the importance of a good workplace and offering extra benefits. However, the challenges that shaped the benefits landscape of 2023 are still here—maybe even more so. This blog explores benefit trends to look out for in 2024, outlining potential effects on employers and […]
December 28, 2023
Lyceum Insurance ServicesStay Insured for Winter Preparedness
While cold weather mainly has associations with health problems, there are some well-being benefits in these frigid winter months. Maryland Primary Care Physicians highlights some of these benefits, such as reduced inflammation, fewer allergies, improved brain function, better emotional health, and more. Even though there are these benefits, it is still important to invest in […]