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Insurance Tips

Why prevention is the first step to curbing health care spending

October is known widespread as Breast Cancer Awareness Month, and the campaign’s iconic bright pink hue is a vivid reminder for people to get their mammogram to screen for breast cancer. A mammogram is just one example of the preventive screenings that can help you monitor for potential chronic diseases. Many health problems are preventable, and preventive screenings can help catch potential health concerns early. Th
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Make the most of your open enrollment period

Open enrollment is a critical period for human resources managers, business leaders and employees, especially as the health care landscape and workplace culture continue to evolve. Rising health care costs, inflation, hybrid work models and increased employee expectations have reshaped the open enrollment process. To ensure a successful open enrollment, consider a range of strategies that prioritize communication, te
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What can a risk management firm do for you?

Risk management is the bread and butter of what we do at CanopyNation. We work with clients to determine the best solutions to minimize harm, manage legal disputes and lessen financial impact when confronted with unexpected events. Such events can range from medical needs to property protection to disability. Keep reading to find out if you need a risk management firm. But first… What is a risk management firm? Canop
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Determining a health benefits strategy for a multi-generational workplace

Determining a health benefits strategy for a group is challenging as it is. When you add different generations in the mix, each with differing priorities, it can feel impossible to please everyone. Health benefits are a large factor in employee satisfaction, so getting your strategy right is vital to your organization. Here are a few ways that can help you determine a plan that’s right for your multi-generational emp
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How to Spot Errors on Your Medical Bill

Health care advocates found that approximately 80% of medical bills in the U.S. contain at least one error. This alarming statistic means it’s crucial you carefully review your bill to make sure you aren’t overcharged for medical services. Checking your medical bill isn’t as complicated of a process as it may seem. We have a few tips to make sure you are being charged accurately. 1. Request and review an itemized bil
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An Employee Guide to the Major Types of Health Plans

Health plans vary and have their own sets of benefits and drawbacks related to coverage, physicians, copays and premiums, among others. You’ll need to compare the different types of health insurance plans and choose the one that best fits your needs and budget. It’s important to note that the most suitable plan will depend on your personal health, family’s health and financial situation. There are a few main points o
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6 Common Mistakes to Avoid When Choosing a Health Plan

Health insurance may be one of the most critical annual purchases you undergo since it can impact your physical, mental and financial wellness. Unfortunately, selecting a health insurance plan can feel overwhelming. With so many options, it can also be easy to make a mistake when selecting coverage. We explore six common missteps related to selecting a health insurance plan. Avoid these mistakes and you’ll be ready t
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Making the most of your telemedicine benefits

If the pandemic has taught us anything, it is that virtual communication has provided ease and convenience when trying to connect with others. While most of us may be feeling “Zoom fatigue” from our everyday jobs, video and phone appointments are extremely helpful and have become more prominent in the health care world. Telemedicine has made health care more efficient by providing remote access to a variety of medica
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Long-term Care Insurance: Is it Worth It?

More employers are adding options for long-term care insurance to their employee benefits packages. As the average age of our nation’s population increases and life spans extend longer, the U.S. is seeing a growing need for long-term care. Most people forget to plan their health care coverage past retirement, and health plans like Medicare and private health insurance plans typically do not cover expenses for ongoing
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Containing Costs of Chronic Health Conditions

According to the Centers for Disease Control and Prevention, 6 in 10 U.S. adults have a chronic disease and 4 in 10 adults have two or more conditions. Furthermore, chronic diseases are the leading drivers of the nation’s $4.1 trillion in annual health care costs and are a significant source of financial pain for employers. What differentiates chronic health care from other types of care? Chronic health conditions re
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