Compliance
Large employers are required to offer full-time employees and dependents the opportunity to enroll in qualifying health coverage. Failure to offer coverage or even offering coverage that does not meet certain affordability and coverage standards, could result in large tax penalties being levied against your company.
Human Resources
Human Resources is a critical and complex piece of every business. Our experts can provide a broad range of services to either support your existing HR team or serve as your companies own HR department at a fraction of the cost.
Financial Planning
Parrott Financial serves as a link between your business and the multitude of investment and insurance options available. Through strong carrier relationships and exceptional customer care, we will create a custom financial plan tailored to your business’s unique needs and goals for overcoming economic challenges.
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Latest News
Level Funding Basics
Employers evaluating how to fund a group health plan have historically chosen between two models: a fully insured plan, in which a carrier assumes the financial risk in exchange for a fixed premium, or a self-insured plan, in which the
Factors Behind Rising Healthcare Costs in 2027
Healthcare costs have been growing at an alarming rate in recent years, and they’re not slowing down. Surveys indicate that healthcare costs in the United States are likely to increase by 8% to 10% or more in 2027. Individual Marketplace
Summary of the KFF 2026 Employer Health Benefits Annual Survey
Employer-sponsored insurance covers almost 157 million people under the age of 65. Each year, the KFF conducts a survey to examine trends in employer-sponsored health benefits. The survey sampled private firms and nonfederal government employers with 10 or more employees.
Healthcare Consumerism Guide
Healthcare consumerism refers to taking an active and informed role in choosing, using and managing your healthcare. Rather than approaching healthcare as something that happens to you, consumerism encourages you to understand your options and make deliberate decisions, much like
Your A-Z Open Enrollment Cheat Sheet
Open enrollment is the yearly period when you can enroll in, change or renew your benefits for the upcoming plan year. Understanding the vocabulary can help you feel more confident when choosing or reviewing your coverage. The cheat sheet below
How to Announce Open Enrollment to Employees
Open enrollment allows your workforce to make decisions about their health plans and benefits for the upcoming year. How and when you inform employees about this period can determine whether they fully engage with this opportunity, passively enroll or let