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Employee Benefit News for School, City and County Employers

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...

Benefits that Can Strengthen Your Attraction and Retention Efforts

4 minute read

Attraction and retention are top of mind for employers right now. According to Zywave’s 2022 Attraction and Retention Benchmarking Overview, over 75% of employers consider attraction...

Survey States Health Benefits Cost Will Grow in 2023

2 minute read

According to the early results from Mercer’s National Survey of Employer-sponsored Health Plans 2022, the average health benefit cost per U.S. employee is expected to increase by 5.6%...