News/Blog

Congratulations Axion CEO, Jim Lill, CLU, CHFC, for being featured in the MICHauto CEO Spotlight. Jim Lill is the chief executive officer of Axion. MICHauto spoke with Lill about his leadership style and how he keeps his team motivated when faced with adversity. What single person or leader has been instrumental in shaping your leadership style as CEO? My…

Jake Doman, Consulting Director at Axion Risk Management Strategies, provides insight on the impact of 2021 and 2022’s high-dollar healthcare increases. The healthcare trend in certain areas of the country is reaching 15-year highs. Care deferred during the pandemic returns – Healthcare spending by employers in 2020 was lower than expected because of the deferral of care as…

John Turnbull, from Axion, joins us for Consultant Corner to discuss the importance of thoughtful benefits plan design. View the link as John discusses the importance of having a deep understanding of your employee’s demographics and potential risk while ensuring you have the right strategy in place to maximize health and minimize risk. Key Takeaways…

Jim Lill, CEO of Axion Risk Management Strategies, provides insight on the upcoming Biden Tax Reform and the affect it will have on businesses.  · Business owners are the job creators and typically the taxpayers most impacted by an increase in capital gains taxes. When capital gains are taxed at an increased rate less jobs…

Axion RMS spotlight of the month is Long Term Care Insurance. AGIS offers a different approach to the subject of long term care, focusing on the broader health and wellness issues seen with caregiving in the workplace, while also addressing the financial risk of LTC. In addition to comprehensive educational LTC enrollment services, AGIS is helping…

Benefits Pro cited 5 levers to control healthcare costs. Jake Doman, Consulting Director at Axion, breaks down what those levers could mean for you.  The full article from Benefits Pro is cited below. 1. Self-funding A self-funded plan allows an employer to create a customized plan that serves its employees and company well as they…

ARPA In most cases, a subsidy-eligible individual will only be able to choose the plans they were in immediately prior to their involuntary termination or reduction in hours.  Alternatively, employer has the option to allow individuals to elect among the employer’s various plans.  If offered, the employer has to meet additional notice requirements and ensure…

Kevin O’Brien, long-time CFO and financier speaks with Axion’s Jake Doman about the his advice to other professionals leading organizations. Listen in as he explains the skills that he has emphasized throughout his career, advice to other leaders about best practices to succeed through mergers and acquisitions, and the keys to success for the up-and-coming…

Most companies are facing significant increases with recent renewals as a result of the Pandemic. John Turnbull, Benefits Consultant for Axion RMS, joins consultant corner with specifics from a recent study estimates that as a result of COVID’s gaps in health plans will experience an increase about 18%. (Source: EXLService) Article Referenced