1 minute read
On May 1, 2025, the IRS announced the 2026 inflation-adjusted limits for health savings accounts (HSAs) and high deductible plans (HDHPs). The IRS must publish these limits by June 1st...
3 minute read
A decade after their initial approval, biosimilars continue to receive the U.S. Food and Drug Administration (FDA) endorsements and enter the market each year. These cost-effective...
1.5 minute read
Group health plans and insurers must submit the annual RxDC report on prescription drug and healthcare spending to the federal government by June 1st of each year. The upcoming...
5 minute read
Deductibles and out-of-pocket maximums (OOPMs) are key cost-sharing elements in health plans. A deductible is the annual amount you pay before your plan covers expenses, while an OOPM...
2.5 minute read
Americans are accustomed to economic fluctuations. Recent years have brought a pandemic, supply chain disruptions, and high inflation. Concerns about tariffs, a volatile stock market,...
1.5 minute read
On April 23, 2025, President Donald Trump issued an executive order (EO) to repeal disparate impact liability under Title VII of the Civil Rights Act and other federal...
2 minute read
In today's workplace, employees are commonly facing mental health challenges like burnout, anxiety, and stress, impacting personal well-being and workplace productivity. Employers can...
2.5 minute read
In today's competitive job market, a strong benefits package is crucial for attracting and retaining talent. With over 150 voluntary benefits available, choosing the right options can...
1.5 minute read
On April 15, 2025, President Donald Trump issued an executive order (EO) to reduce prescription drug prices in the U.S. This order instructs the Department of Labor (DOL) to enhance...
1 minute read
A January 2025 survey by the National Alliance on Mental Illness (NAMI) revealed that 25% of workers are unaware of their mental health benefits, and only 50% know how to access them...
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