Brown & Brown Absence Services Group

President-elect Donald Trump has nominated Dr. Mehmet Oz to lead the Centers for Medicare and Medicaid Services (CMS), a key agency responsible for overseeing Medicare and Medicaid programs that provide health coverage to millions of Americans. Stay tuned for updates on how this leadership change may impact Medicare services and healthcare options. #Medicare #Medicaid #CMS #Healthcare

The Centers for Medicare and Medicaid Services (CMS) has announced the new premiums, deductibles and co-pay amounts for 2025. These adjustments occur each year to align with the new cost-of-living adjustment (COLA) rate, which is done in line with the Social Security Act. The COLA for 2025 will be 2.5%, a decrease over last year's rate of 3.2%. Medicare premiums for Parts B and D by 6%.    Read our latest Sense of Security blog for more information on 2025 Medicare costs and other changes affecting beneficiaries.   https://lnkd.in/eeaFndPP   #medicare #medicarecosts #medicarepremiums #2025medicarepremiums

US citizens who contribute funds to Social Security through taxable income qualify for benefits from the Old Age and Survivors Insurance (OASI) trust at retirement age, or if disabled sooner, through the Social Security Disability Insurance (SSDI) trust.    Social Security has reserves of $2.8 trillion (as of June 2024) which are projected to run out by 2035. How does that affect those depending on funds? Read on for more information on how these funds are collected and paid out, and the impacts on beneficiaries should reserves be depleted.    #SocialSecurity #SSA #SSDI #SSARetirement  

Martin O'Malley has resigned as Social Security Administration Commissioner, effective November 29, to pursue another position. We will continue to follow news on his replacement and the potential impact this could have on Social Security. Please see below for more information regarding this update. https://lnkd.in/eK2DfM6s #BreakingNews #MartinOMalley #SocialSecurityAdministration #SocialSecurity

With over 7 million Native American and Native Alaskan people living in the US who make up hundreds of diverse tribes and tribal nations, Indigenous people are a diverse population that has a rich array of cuisine, art, music, and more. During this month, we are encouraged to take the time to reflect on the vital importance of preserving the Native American heritage. It highlights the need for us to learn about and acknowledge the challenges the Indigenous people have and continue to face. We encourage all to spend time this month learning about and honoring the contributions of the Native American people. #nativeamerican #nativeamericanheritagemonth

US citizens who contribute funds to Social Security through taxable income qualify for benefits from the Old Age and Survivors Insurance (OASI) trust at retirement age, or if disabled sooner, through the Social Security Disability Insurance (SSDI) trust.    Social Security has reserves of $2.8 trillion (as of June 2024) which are projected to run out by 2035. How does that affect those depending on funds? Read on for more information on how these funds are collected and paid out, and the impacts on beneficiaries should reserves be depleted.    #SocialSecurity #SSA #SSDI 

As claims management evolves with the use of AI tools and technology, what are the skills and experience insurers need to identify when hiring a claims specialist today? While communication and analytical skills continue to be important, the ability to learn and adapt to new technology is increasingly critical to the future of this function. Meanwhile, some skills are becoming harder to find in the market, from the use of telephone conversations to incorporating empathy in claimant interactions.    Read our latest blog on the key capabilities needed for claims professionals and what to consider when assessing potential job candidates. https://lnkd.in/eufXYTn2   #claims #insurance #claimsmanagement   

November 11th is Veterans Day, a time we set aside to honor and thank those who have served in the U.S. Armed Forces. Known originally as Armistice Day when it was commemorated in 1919, the date was selected to recognize the end of World War I, which officially concluded at the 11th hour of the 11th day of the 11th month. In 1954 it was renamed Veterans Day and was expanded to recognize the service and sacrifices of all U.S. military veterans. Join us in expressing gratitude to those who have served and continue to serve, honoring their dedication to protecting our freedoms and their ongoing contributions to our communities. We’d also like to extend a special thanks to those in our Brown & Brown Absence Services family who have served or are serving. Let’s strive to honor their legacy through our actions and commitments in our daily lives, shaping a brighter future ahead. #veteransday #thankyouveterans #militaryappreciation

Returning to work can be both an exciting and overwhelming prospect if you’ve been on leave for many months or years due to disabling health conditions. Often extra support is needed to be successful in resuming work, and even with help, there can be many obstacles to overcome. This may be particularly tough for those with lingering or permanent disabilities who may require additional accommodations from their employer.     Contact us today for help with what to do to properly support return-to-work for your employees.     #SSDI #disability #returntowork 

Each year Social Security (SS) and Supplemental Social Security (SSI) beneficiaries await the announcement of whether a cost-of-living adjustment (COLA) will occur. The purpose of COLA is to help offset the impacts of rising costs of goods and services as well as inflation. The amount applied can also affect Social Security Disability Insurance (SSDI) beneficiaries who are often impacted by financial pressures and instability.      The 2025 COLA has just been announced at 2.5%, which is in line with the average COLA increase (2.6%). Scroll through the slides to learn more about how COLA is determined and what it can mean for those also receiving SSDI.    #SSI #SSA #SSDI #COLA