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September 24, 2018
wharton & power insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance
September 17, 2018
Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance
September 10, 2018
Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance
August 27, 2018
wharton & power insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance
August 20, 2018
Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance
August 13, 2018
wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance

Words to Thrive By | Business Quotes from Wharton & Power Insurance
July 3, 2018
Wharton Insurance

Happy Independence Day from Wharton Insurance

Happy Independence Day from Wharton Insurance
December 29, 2017
Happy New Year, from the Wharton Insurance Team

Happy New Year, from the Wharton Insurance Team

Happy New Year, from the Wharton Insurance Team
December 20, 2017
Gratitude

Practicing Gratitude Benefits Your Health

Mahatma Gandhi once said that “The best way to find yourself is to lose yourself in the service of others.”  As I watched the CNN Heroes of the Year awards, I became inspired by the individuals who made selfless decisions to help others in need. Ten individual “heroes” were recognized for their selfless contribution, impacting their communities in immeasurable ways. Giving thanks has neurological and physiological effects on the body. National Institutes of Health (NIH) researchers examined blood flow in various brain regions while subjects summoned up feelings of gratitude and found that subjects who showed more gratitude overall had higher levels of activity in the hypothalamus region of the brain. This is important because the hypothalamus controls an array of essential bodily functions, including eating, drinking and sleeping. It also has a huge influence on your metabolism and stress levels. From this evidence on brain activity, it starts to become clear how improvements in gratitude could have such wide-ranging effects from increased exercise and improved sleep to decreased depression and fewer aches and pains. Furthermore, feelings of gratitude directly activated brain regions associated with the neurotransmitter dopamine. Dopamine feels good to get, which is why it’s generally considered the “reward” neurotransmitter. But dopamine is also almost important in initiating action as you are more likely to do the thing you just did. It’s the brain saying, “Oh, do that again.” Like any other skill, gratitude takes practice. Gratitude can have such a powerful impact on your life because it engages your brain in a virtuous cycle. Your brain only has so much power to focus its attention. The CNN Hero of the Year awards were a good reminder of gratitude in practice, and recognition that it can be done. Amy Wright was awarded the 2017 CNN Hero of the Year Award and proclaimed to her two children with Down Syndrome: “I would not change you for the world but I will change the world for you” Do you practice gratitude in your daily life? Leave a comment below about the benefits you have found. Thanks, and Happy Holidays!
December 11, 2017
Group Health Insurance

Need A New Group Health Insurance Plan on 1/1/18? Start Now!

Business owners who have not offered their employees health insurance benefits in the past may have good reason to do so now. The individual health insurance market in Indiana is in shambles, making it difficult for everyone seeking coverage to find an affordable quality plan. Group health insurance plans are not just for large organizations anymore. If you are a business owner looking for coverage for yourself and your family, you may want to consider implementing a group plan for your company. It may end up costing you the same for better coverage and happy employees. However, the time to act is now. With the year quickly coming to a close, there is little time to get a group health insurance plan in place by 1/1/2018. Below we offer some steps you can take to streamline the process to help ensure your coverage begins when you need it. Step 1: Contact an independent health insurance broker to begin the process of searching for coverage. Because they do not work for just one insurer, independent brokers like Wharton Insurance & Financial Services can shop around for plan choices that match your budget and needs. Depending upon the makeup of your employee base, your broker will direct you to either community-rated plans under the Affordable Care Act, or medically underwritten plan options. Step 2: Community-Rated Plans – Gather census info for your employees, such as gender and age. No medical information is required at this time, which works well for companies who do not have a healthy workforce. While that can be difficult to determine, usually the age and lifestyle of your employees can give you a clue about their health. This information will be used to help determine which plan best suits you and your employees. Medically Underwritten Plans – These plans are based on the medical risks shouldered by the insurer by covering your group. Therefore, medical information must be collected. Your broker will direct you and your employees to a portal where each person can supply their information privately. The data is not shared with anyone but the insurer, who will determine your plan choices and premiums. There are preferred rates for healthy groups, so if you have a young, active employee base, these plans may offer the best options. Step 3: Plan to meet with your broker to review your options, choose a plan, and schedule employee enrollment meetings. At Wharton Insurance, we meet with all of our clients’ employees to ensure they understand their options, coverage and premiums. We want them to feel confident in signing up for and using the plan you have chosen for them. Time is running out to offer you and your employees group health insurance by January 1! For more information on how Wharton Insurance can help, send us an email, or give us a call at 317-663-4138.    
November 22, 2017

Happy Thanksgiving from Wharton Insurance

Happy Thanksgiving from Wharton Insurancehanks
November 2, 2017
employee health insurance

My Employees and I Are Losing Individual Health Coverage. What Are My Options?

With the demise of the individual health insurance market in Indiana, many small business owners are losing their health insurance right along with their employees. If you were relying on the ACA Exchange to cover you and your employees, you are well aware that option is now questionable. With your employees scrambling, you risk losing your workers to competitors by not offering health benefits. Besides, you and your family need them too! BAGI Group Health Insurance Plan As a BAGI contractor member in good standing, your company may be eligible to participate in the BAGI Group Health Insurance Plan. By pooling the employees from each member company into the coverage, the BAGI plan is able to offer large-company benefits to small businesses. Brokered by BAGI member Scott Wharton, and managed by Anthem, participants have 12 plan choices from benefit-rich and low out-of-pocket options, all the way up to plans with the maximum-allowed federal out-of-pocket limits. With BAGI’s program, you and your employees get affordability, quality and choice in their health insurance coverage. Small Employer Case Study Wharton Insurance had a small business owner reach out to them because she was losing her individual health insurance. She had not offered an employee plan in the past and was paying $12,000 a year out of pocket just to cover herself on the individual market. The Wharton Team suggested she look at offering a group plan that would include coverage for herself and her employees. The price tag could be the same for better coverage, and she would get the added bonus of making her employees happy. The BAGI plan could provide the same benefit to your company. Take Action Before It Is Too Late Open enrollment started November 1 for AmBetter, the only Affordable Care Act (ACA) approved individual plan available in our state. For many people, that lack of competition could mean lower-quality benefits for higher costs. Fortunately, there are other options if you are a business owner interested in providing coverage to your employees as well as yourself. However, you must act before the December 15th deadline to ensure coverage beginning January 1, 2018! As long as you have 2 or more employees, the BAGI plan may be the right choice for your business. As an independent insurance broker, Scott can also look into other options if the BAGI plan does not fit your situation. There is no cost to explore your options and it only takes about a day to complete. For more information about how you can find the coverage you need and offer your employees the health benefits they are looking for, email Scott or give him a call at 317.663.4138.      
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