According to a report, the major reason people drain their savings is due to unforeseen medical emergencies.Therefore, one way of showing them how valuable they are to you is by covering for their healthcare needs.You can do so by providing health insurance.
If you are still wondering how health insurance can affect the finance of your employees; here are some points that can enlighten you.
The medical costs have increased significantly in the past couple of years, and are bound to keep rising.
Changing lifestyleMedical emergencies can occur at any stage of our life.
The main reason for the increase in health issues is the changing lifestyle.
This changing lifestyle requires the employees to be prepared financially; regardless of its magnitude.
On November 22, 2020, Merrill Steel detected unauthorized activity on certain of its computer networks.
That unauthorized activity was limited to one day, lasted only a few hours on that day, and, upon discovery, steps were taken to limit its scope.
Despite those steps, the unauthorized access did nonetheless result in what is sometimes referred to as a “ransomware” attack such that certain of Merrill Steel’s files were encrypted with no available means to decrypt them.Merrill immediately engaged IT and cyber security experts to investigate the incident, determine its scope and assist in obtaining the tools necessary to decrypt the affected files while also restoring our systems.
Although that investigation remains ongoing and could yield a different outcome, Merrill has not currently found evidence that information on our systems was subjected to anything more than the unauthorized encryption.
Put another way, we have not yet uncovered any evidence that personal information was taken and subjected to misuse.
The information subjected to unauthorized encryption was only that of our employees (to our knowledge thus far, no personal or sensitive information of our customers was affected) but did include the following elements of personal information about those employees and certain of their spouses and dependents:names, address, dates of birth,direct deposit information,health insurance information, andSocial Security numbers.Out of an abundance of caution, Merrill Steel notified the affected individuals so that they could take steps to further protect their personal information.
On November 22, 2020, Merrill Steel detected unauthorized activity on certain of its computer networks.
That unauthorized activity was limited to one day, lasted only a few hours on that day, and, upon discovery, steps were taken to limit its scope.
Despite those steps, the unauthorized access did nonetheless result in what is sometimes referred to as a “ransomware” attack such that certain of Merrill Steel’s files were encrypted with no available means to decrypt them.Merrill immediately engaged IT and cyber security experts to investigate the incident, determine its scope and assist in obtaining the tools necessary to decrypt the affected files while also restoring our systems.
Although that investigation remains ongoing and could yield a different outcome, Merrill has not currently found evidence that information on our systems was subjected to anything more than the unauthorized encryption.
Put another way, we have not yet uncovered any evidence that personal information was taken and subjected to misuse.
The information subjected to unauthorized encryption was only that of our employees (to our knowledge thus far, no personal or sensitive information of our customers was affected) but did include the following elements of personal information about those employees and certain of their spouses and dependents:names, address, dates of birth,direct deposit information,health insurance information, andSocial Security numbers.Out of an abundance of caution, Merrill Steel notified the affected individuals so that they could take steps to further protect their personal information.
According to a report, the major reason people drain their savings is due to unforeseen medical emergencies.Therefore, one way of showing them how valuable they are to you is by covering for their healthcare needs.You can do so by providing health insurance.
If you are still wondering how health insurance can affect the finance of your employees; here are some points that can enlighten you.
The medical costs have increased significantly in the past couple of years, and are bound to keep rising.
Changing lifestyleMedical emergencies can occur at any stage of our life.
The main reason for the increase in health issues is the changing lifestyle.
This changing lifestyle requires the employees to be prepared financially; regardless of its magnitude.