Lyceum Insurance Services

February 11, 2024
Lyceum Insurance Services

Navigating Paid Leave Mandates: A Guide for Employers

In recent years, the landscape of employment benefits has evolved, with an increasing focus on paid leave policies. As the discussion around work-life balance gains momentum, the government has been enacting paid leave mandates to ensure employees have adequate time off for personal and family needs. In this blog article, we’ll look at the importance […]
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February 6, 2024
Lyceum Insurance Services

Celebrating 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 […]
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February 2, 2024
Lyceum Insurance Services

Tax 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, […]
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January 17, 2024
Lyceum Insurance Services

Report 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 […]
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January 15, 2024
Lyceum Insurance Services

New 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. […]
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January 11, 2024
Lyceum Insurance Services

What 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 […]
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January 9, 2024
Lyceum Insurance Services

Benefits 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 […]
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January 9, 2024
Lyceum Insurance Services

Medicare 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, […]
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January 5, 2024
Lyceum Insurance Services

Benefits of a Business Risk Assessment in Monrovia, 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 […]
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January 4, 2024
Lyceum Insurance Services

Unveiling 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 […]
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