Business of Health with Mike Martens

The pandemic brought devastating challenges to many industries and individuals. For Danny Creed and his clients, the last two years brought an opportunity for growth.

As a professional and certified business and executive coach, Danny encourages his clients to bear a positive mindset and maintain an enthusiastic attitude in any phase and facet in their careers. Entrepreneurs and business executives consider his advice and guidance factors to achieve lucrative success.

Having written multiple best-selling books while excelling as a business coach, Danny may seem to wear many hats. But he discourages anyone from doing everything all at once. Priority management is key towards achieving one’s long-term goal. Danny believes that there are always opportunities in any given situation. One just has to seek them every day when possibilities are endless. 

Resources:
Get a FREE Copy of Dan's E-Book Power of Words by shooting an email to [email protected]

Connect with Danny Creed: linkedin.com/in/businesscoachdan

Visit Real World Business Coach Website: www.realworldbusinesscoach.com

Connect with First Staff Benefits on Linked In: https://bit.ly/3RmwWla 

Visit First Staff Benefits’ Official Website: www.firststaffbenefits.com

In This Episode

0:00 Introduction
2:00 Growth During the Pandemic
3:41 The Worst Times in Business History 
4:29 Two Types of Mindset
7:50 The Number One Goal 
10:40 Priority Management
12:36 Goal Setting
14:38 DiSC Program
16:00 Benefits of Communication
18:24 Case Study
22:51 Free Copy of Danny’s Book
23:00 Summer of Success Series
23:57 Overdrive

How long does the IRS notify companies about possible penalties? ETC Companies Director of Sales Matt Scott knows the timeline and the exact ways to prevent and reduce them. 

Serving clients in Houston, Texas and beyond, ETC Companies assists employers in their ACA IRS filing. While the IRS’ response can lead up to two years from the filing date, every information that a company provides is crucial. Matt stresses the importance of data and indicator codes. These will determine whether or not the company has complied with their provisions. 

To prevent or reduce penalties, the business has to be specific in their reports. They also need to archive their company records because these can be the best defense against miscalculated penalties. Matt shares more of the process in this episode. 

Resources:
ETC Companies: www.eligibilitytrackingcalculators.com

Email: [email protected] 

Connect with First Staff Benefits on Linked In: https://bit.ly/3RmwWla 

Visit First Staff Benefits’ Official Website: www.firststaffbenefits.com

In This Episode

0:00 Introduction

1:50 Two Equal Aspects to ACA Compliance

2:36 IRS Reporting

4:00 Timing of Penalties

8:10 Time Period of Potential Issues

10:28 Reducing Penalties

12:10 Role of ACA

14:51 Understanding ACA

16:17 Benefits of an Excellent Team 

19:22 Prospecting Tool

22:12 Connect with Matt 

22:58 Get To Know More About Matt

Jay Rodney is the co-founder and CEO of RTO Benefits LLC. The company specializes in developing custom solutions, compliance documents, and nondiscrimination testing for their clients in all markets.

Jay explains how his company streamlines the tedious process and crucial documentation that employers have to go through for their extensive and inclusive benefit plans. Federal laws like the Employee Retirement Income Security Act of 1974 (ERISA) often have a rigorous compliance process, but RTO Benefits LLC can help companies comply easily with the right documents. Catering to the needs of brokers, human resource companies, and insurance agents, RTO Benefits LLC simplifies every complex requirement and paperwork down to the last detail.

Depending on the demands of the market, Jay makes sure that their clients have the resources they need for compliance and completion.

Resources:

Official website: https://rtobenefits.com/ 

Linked In: Jay S. Rodney II

Email address: [email protected] 

Connect with First Staff Benefits on Linked In: https://bit.ly/3RmwWla 

Visit First Staff Benefits’ Official Website: www.firststaffbenefits.com

In this Episode: 

0:00 Introduction

1:16 RTO Benefits

2:45 Compliance Documents

3:40 ICHRA Opportunities

5:35 Streamlined Processes

6:37 ERISA’s Coverage

7:47 Exclusion 

8:20 Penalties for Non-Compliance

10:57 Steps to Consider With an Employer

12:45 Enforcements

15:08 Get To Know Jay

Mike Martens has spent the last 37 years of his life gaining knowledge and enhancing his expertise in the health and insurance industry. 

As a way of giving back for the success he achieved and the opportunities he received, he is launching the Business of Health Podcast. This show aims to become a resource for insurance advisers and companies to get updated about the latest trends and tools in the industry, as well as an opportunity to broaden their range of prospects. 

With federal laws and regulations requiring documents and compliance through rigorous processes, the experience can be overwhelming. The podcast is a source for legal consultations, techniques, and strategies to accomplish everything with ease and convenience.


In This Episode: 

0:00 Introduction

1:00 Goal of Business of Health

1:18 Federal Laws and Regulations

3:27 Listen to the Show

Resources

Official Website: www.firststaffbenefits.com