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Global Health Insurance has partnered with Pexa Insurance Agency and can now offer you all lines of Insurance, including Auto, Home, Business, Commercial and Workers Compensation.   Please contact our office for additional information or contact our agent Mindy Chris at 951-696-5530.



Help with 401(k) accounts boosts performance, study finds

Workers who receive help with their 401(k) accounts achieve higher results than those who make their own investment decisions, according to a new study by Aon Hewitt and Financial Engines. 

Workers who receive some type of help with their accounts experience 3 percent higher returns on average than those who do not receive help, the study found. 

Target-date mutual funds, professionally managed accounts and online advice were all defined as help for the purposes of the study.

Read more: Help with 401(k) accounts boosts performance, study finds


Poor economy has little effect on disability, workers comp benefits programs

Poor economy has little effect on disability, workers comp benefits programs

SAN FRANCISCO Employers appear to have been spared the ill affects of a weakened economy on their disability and workers compensation benefits programs, a new survey has found.A survey of as many as 13,000 employers by the Integrated Benefits Institute revealed no dramatic changes in the incidence of short- and long-term disability claims from 2008 to 2010. Though median costs associated with disability and workers compensation claims rose slightly, the median duration of a disability or workers comp claim has remained largely flat since the beginning of the recession three years ago.

Read more: Poor economy has little effect on disability, workers comp benefits programs


Social media use among advisors at 84 percent: survey By Lauren McNitt ProWEB Wire (Industry News)

Social media use among financial advisors is rising significantly, according to a new Socialware survey.

The survey of nearly 150 financial advisors found 84 percent are using social media for business purposes, increasing from 60 percent in last year’s survey. Furthermore, more than half of respondents said their social media use has made at least a positive impact on their business.

In addition, the survey indicated more firms are recognizing the need for social media policies. In 2010, just 57 percent of respondents said they knew whether their company had a social media policy. This year, 80 percent said their company does have a policy in place.

While advisors are recognizing the impact social media can have on their business, 38 percent said there are still major obstacles to adopting social media for business purposes. The main hurdles cited were inability to archive data, understanding compliance issues and time constraints.


Employers Unsure About Impact Of State-based Insurance Exchanges In 2014

 Many US Employers Unsure About Impact Of State-based Insurance Exchanges In 2014
by Medical-News-Today

45% of US employers are going to rethink their long-term health care strategy next year, and a significant number are unsure how they will react to the impending impact of state-based insurance Exchanges in 2014, according to a survey carried out by Towers Watson, involving 368 medium-to-large companies.

The authors informed that companies are planning moderate changes in their health care plans for next year. Health care costs for employers are expected to rise by 5.9% in 2012, much lower than the 7.6% rise in 2011. However, 88% of firms plan to take measures to reign in their costs in order to avoid the impact of health care reform's excise tax.71% say they will probably carry on offering health care coverage to their active staff through 2014. The rest do not know whether they will carry on, or exit and give the equivalent to employees in salary increases. 54% of companies say they plan to discontinue offering health care benefits for retirees of all ages.

Read more: Employers Unsure About Impact Of State-based Insurance Exchanges In 2014


Health reform leads to drop in uninsured young adults: Gallup

By Lauren McNitt ProWEB Wire (Industry News)

The number of young adults lacking health coverage has dropped significantly since last fall, according to a recent Gallup poll.

The provision of the health care reform law allowing young adults to stay on their parents health plans for longer has resulted in about 1 million additional young adults with health coverage. The survey found the percentage of uninsured adults ages 18-25 dropped from 28 percent last fall to 24.2 percent in the second quarter of this year.

The weak economy has led to a rising number of adults without health coverage. The 18-25 age group is the only group among adults that experienced a drop in uninsured individuals. However, young adults are still more likely to be uninsured than any other age group.

The health care reform law allows young adults to remain on their parents’ health plans until they turn 26.

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