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Employee Benefit News for School, City and County Employers

How Inflation Will Impact Open Enrollment

3 minute read

The 2023 open enrollment may be more challenging than usual. With many employees feeling the financial strain of inflation, it could impact the choices they make when it comes to...

Inclusive Employee Benefits

Diversity, equity, and inclusion (DE&I) continues to grow increasingly important as our talent workforce becomes more and more diverse. Employers may have to consider flexible and varied benefits...

The Impact of Long COVID in the Labor Market

1.5 minute read

A U.S. Census Bureau survey found that 16.3 million working-age Americans currently have long COVID. Long COVID is the long-term effects stemming from the COVID-19 infection. About...

New Medicines Seeing Record-High Prices

1.5 minute read

New medicines are being launched with record-high prices this year. The median annual price of 13 new drugs the U.S. Food and Drug Administration approved to treat chronic conditions...

Categories

Medical Stop-Loss Premiums Increased in 2022

1 minute read

Nearly 250 self-insured U.S. group health plans are seeing their average stop-loss coverage rise by 9.8% in 2022. This is according to Segal’s national medical stop-loss database of...

Ban on Surprise Medical Billing Implemented

1 minute read

The Departments of Labor, Health and Human Services, and the Treasury Department has released the final rule to implement the ban on surprise medical billing. The rule finalizes the two...

Supporting Remote and Hybrid Employees’ Mental Health

2 minute read

As many employees work remotely or adapt to a hybrid schedule, they may face a new set of stressful challenges. Managers can play a crucial role in helping employees manage their stress...

Addressing Social Determinants of Health

2 minute read

Traditionally, health outcomes were improved by expanding access to the health care system. But recently, there has been an increased focus on taking a broader approach due to the...

Inflation Reduction Act Signed into Law

1 minute read

President Joe Biden recently signed the Inflation Reduction Act into law. Although the law is primarily aimed at fighting inflation and reducing carbon emissions, it contains several...

Pay or Play Penalties Increase for 2023

2 minute read

The IRS revised its frequently asked questions, updating the pay or play penalty amounts for 2023. The pay or play rules, also referred to as employer shared responsibility is part of...