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Despite competitive health care benefits, many employees still face medical debt. Over 40% reported experiencing this issue, as per a survey by Goodroot.

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Employers saw a 3.8% increase in total compensation spending from September to December 2023, per the recent U.S. Bureau of Labor Statistics report.

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The IRS issued a bulletin which reminds taxpayers that tax-advantaged medical savings accounts (health flexible spending accounts (FSAs), health reimbursement arrangements (HRAs), and...

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Group health plans and issuers must submit detailed data on prescription drug and health care spending annually to the Centers for Medicare & Medicaid Services (CMS). Known as the RxDC...

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The Affordable Care Act (ACA) requires certain employers to electronically report health plan coverage to the IRS under Code Sections 6055 and 6056. A recent law change mandates...

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The Centers for Disease Control and Prevention (CDC) recently issued updated guidelines for individuals testing positive for coronavirus (COVID-19). The CDC now advises that those...

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Employers should stay informed about updates to model notices for group health plans under federal laws. Federal agencies provide and update these notices to aid compliance with...

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President Joe Biden's recent approval of $1.2 billion in student debt cancellation has brought relief to 153,000 borrowers enrolled in the Saving on a Valuable Education (SAVE)...

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In November 2023, Zywave conducted a nationwide survey with over 130 employers from various industries to gather insights on attraction, retention challenges, and voluntary benefits...

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Employee benefits are crucial for organizational success, enhancing job satisfaction, retention rates, and overall morale. Despite budget constraints, low- and no-cost benefits can...