What is Medical Loss Ratio (MLR)? Medical Loss Ratio (MLR) is the percent of premiums an insurance company spends on member care, claims, and administrative expenses that improve health care quality. What is the Medical Loss Ratio (MLR) rebate? The Patient Protection and Affordable Care Act (PPACA) of 2010 requires insurance companies to pay annual […]
You may have heard of the term “umbrella insurance policy.” Is this type of insurance something you need to consider as part of your insurance plan? Do you really need umbrella insurance? We’ll answer frequently asked questions about umbrella insurance so you can make informed decisions for your situation. What is Umbrella Insurance? Umbrella […]
A Change that Introduces Qualified Health Plan Letters As you know, changes to the Michigan No-Fault law became effective early July 2020. These changes have brought additional requests from auto insurance carriers regarding Personal Injury Protection (PIP). Since Mason-McBride is your trusted advisor, we wanted to make our clients aware of this situation that could […]
Before hitting the road this holiday, check out our top ten driving safety tips As we approach the long Independence Day holiday weekend, it’s a great time to review our ten driving safety tips before you head out with the family on the open road. Even if you are a skilled, experienced, and safe driver, […]
The Mason-McBride team recently met with Ascentis, a workforce management and Human Capital Management (HCM) solutions company. They shared their first-to-market product with us — Ascentis CarePoint timeclock technology. Ascentis CarePointe Timeclock Technology: A COVID-19 Workplace Solution Ascentis CarePoint offers touch-free thermal temperature readings and timeclock voice command functionality (such as punch-ins) to support […]
Trusted Choice® independent insurance agents hold themselves to some unusually high standards you will not find elsewhere — because you’re a person, not a policy. Mason-McBride, Inc., is a proud member of Trusted Choice® independent insurance agents. We’d like to explain more about our commitment to our clients and the Trusted Choice® Pledge of Performance. […]
Public Acts 21 and 22 In May 2019, the Michigan legislature passed – and the Governor signed – Public Acts 21 and 22 of 2019. These Acts were the first comprehensive Michigan No-Fault Auto Insurance coverage changes of any substance in 40 years. The Acts have several staggered “triggers” that will have taken effect […]
As the national economy reopens, an unprecedented number of workers will be required to wear face masks and/or respirators in the workplace for the first time, due to COVID-19. Under the Occupational Safety and Health Act (the Act), employers must provide a safe work environment for their workers. For many, this will include properly training […]
Recently, clients have made us aware of aggressive and questionable auto insurance marketing tactics and premium savings promises in marketing material sent to them by various companies. These materials include promises of “extremely high discounts” and “reductions of 50%.” One promised even more discounts if you didn’t have “operating under the influence” (DUI) charges. Of […]
Managing Your Business’ COVID-19 Response in the New Normal: Return to Work Plan Returning to the workplace after the COVID-19 pandemic won’t be easy. Employers and employees will experience a new normal in daily work life. From employee health screening procedures and scheduling employee split shifts to the reconfiguration of workspaces, there are many considerations […]
