CONTENTS
PUBLISHER MANAGING EDITOR
GRAPHIC DESIGN CONTENT COORDINATOR
ADVERTISING ( LOCAL ) CONTRIBUTORS
PHOTOGRAPHY
Tulip Media Group Erika MacLeod Jessica Embree Stacey O ' Brien
Alicia Ambrose
Vinnie Hager David Velasco Barry E . Fields Eric P . Wokas Gwenyth P . Luu John DiJulius Chris Voss Liz Wiseman
JGS Insurance Risk & Business Magazine TM is published by Tulip Media Group . All content , copyright © 2022 , Tulip Media Group . All rights reserved . Risk & Business Magazine TM is a valued and recognized trademark of Tulip Media Group . This publication may not be reproduced , all or in part , without written consent from the publisher . Every effort has been made to ensure the accuracy of all content in this publication , however , neither the publisher nor JGS Insurance will be held responsible for omissions or errors . Articles , reports and information contained herein reflect the views of the individuals who wrote or prepared them and do not necessarily represent the position of the publisher or JGS Insurance . The material herein is intended for educational and informational purposes only . Nothing herein is to be considered the rendering of insurance advice for specific cases or circumstances . Communication of any legal information contained herein does not constitute an attorney-client relationship , nor convey legal advice or recommendation of any kind . Do not rely on information contained herein to replace consultation with qualified brokers , attorneys or other professionals in your jurisdiction . Please address all editorial and advertising inquiries to Tulip Media Group , Email : Erika @ TulipMediaGroup . com . Tulip Media Group is not held responsible for the loss , damage or any other injury to unsolicited material ( including but not limited to manuscripts , artwork , photographs and advertisements ). Unsolicited material must be included with a self-addressed , overnight-delivery return envelope , postage prepaid . Tulip Media Group and JGS Insurance will not give nor rent your name , mailing address or other contact information to third parties . Subscriptions are complimentary for qualified individuals .
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2 WELCOME FROM VINNIE HAGER
3 REDUCING HEALTH BENEFIT COSTS IN 2022 Barry E . Fields
4 VIRTUAL TRAINING Eric P . Wokas
6 NEGOTIATION TACTICS Chris Voss
WELCOME
8 IMPACT PLAYER Liz Wiseman
10 THE GREAT RESIGNATION John DiJulius
12 CYBER ATTACKS Gwenyth P . Luu
14 WHY TRADE INVOLVEMENT IS IMPORTANT David Velasco
Thank you for joining us for another issue of JGS Risk & Business Magazine , we are so happy to share these exciting articles with you .
The focus for this issue is first on safety . In our article ‘ Virtually the Best Way to Train ,’ we talk about the need for repetitive training , irritating as it may feel for some employees , in maintaining safety in the workplace . We know that safety training can be complicated , which is why we ’ re offering virtual alternatives for your favorite seminars and training tools . When we consider unsafe acts , including both injuries and near misses , we can see the importance of adequately training your employees to respect and honor the safety protocols that keep everyone safe and happy at work .
Continuing with the virtual theme , we go on to talk about the prolific nature of cyber attacks in 2022 in Gwen Luu ’ s article ‘ Cyber Attacks : A Question of Responsibility .’ Cyber attacks have been increasing in frequency and severity for some time . The way business has changed over the last couple of decades has led to an increasing reliance on outside parties for data management and a slew of other services through SaaS ( software as a service ) companies . Unfortunately , changing from in-house solutions to outside vendors for many of those enterprise services and applications has led to lax security protocols . Knowing this , it ’ s important that you keep your organization protected . You can do this with the use of data security tools as well as the right insurance policy .
With recruitment and retention at the top of mind , reducing health benefits costs this year is a priority for many . Although experts predict a 6.5 % increase in medical expenses in 2022 , consistent with the rising costs we ’ ve seen for the last several years , there are still ways to strategize around benefits cost reductions . In this issue , we let you in on strategies for alternative plan modeling , health care literacy , telemedicine solutions , and prescription drug policy revisions in hopes you will incorporate these ideas into your risk management approach . Read about this in ‘ 4 Strategies for Reducing Health Benefits Costs in 2022 .’ Remember that there are many approaches for controlling benefits spending , but not all will work for each organization . That ’ s why it ’ s important for employers to closely analyze their health plan data and assess where they spend the most with your JGS Advisor .
Finally , in ‘ Why Trade Involvement is Important for Your Organization ,’ JGS Advisor David Velasco talks about ways your organization can grow through community service . These valuable insights offer some great pointers for getting more involved with community trade organizations and detail some of the benefits you can look forward to by doing this .
On behalf of all of us at JGS , thank you for reading and we wish you a safe and happy spring season . +
VINNIE HAGER , MANAGING PARTNER JGS INSURANCE , A BALDWIN RISK PARTNER JGSINSURANCE . COM