Spring 2022 Issue

Is Your Group Disability Insurance Good Enough?

By Tom Strangstalien, Insurance Advisor

May is Disability Insurance Awareness Month. This is the perfect time to evaluate your disability protection, determining if you’re adequately covered and address any potential holes or gaps in your coverage. A common theme I hear when talking with our members is, “I have disability insurance coverage as part of my employee benefits, so do I really need personal disability protection?” For physicians and medical professionals, the answer is almost always yes!

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HSA – The Triple Attack!

Health Savings Account imagery

By Chris Noffke, GBDS, Vice President of Employee Benefits

As many independent physicians know, health insurance costs are high – and keep climbing! To help alleviate some of these increases, we suggest using strategies like Health Savings Accounts (HSA) and Health Reimbursement Accounts/Arrangements (HRA). The IRS recently published the approved contributions and plan allowances for HSAs in 2023, and things are changing.

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Your Life Has Only 3 Planning Scenarios

Human hand reaching through torn yellow paper sheet showing number three

By Mark Ziety, CFP®, AIF®, Senior Advisor, WisMed Financial

You’ll either have a long life, health problems along the way or a short life. That’s it.

Plan for those three situations whether you’re single, married, with or without kids and most of your planning is done. Let’s look at how to plan for each.

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Cyber Incidents on the Rise

Ransomware on a laptop screen. Cyber Crime concept.

As noted in the Winter 2022 Antidote article exploring cyber liability trends, cyber incidents are on the rise – ransomware especially. The Sophos State of Ransomware 2022 report found that…

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What is Inflation Guard?

Money is flying away by the inflation bubble and employees are trying to prevent it.

By Society Insurance Team

In 2021, we’re seeing a unique economic environment. Supply chains have been affected by the pandemic and a few industries experienced weather-related setbacks. This, along with the new challenge of a labor shortage, is not allowing supply to keep up with demand, which leads to inflation.

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WisMed Assure, Society Name Michael Flesher New CEO

Michael Flesher

The Wisconsin Medical Society Board of Directors has named Michael Flesher as its CEO. Mr. Flesher will also serve as the CEO of Wisconsin Medical Society Holdings Corporation, which includes WisMed Assure. Starting June 6, Mr. Flesher will replace Bud Chumbley, MD, who is retiring after five years as CEO.

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