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President Joe Biden signed an executive order on March 18, 2024, promoting women's health research, calling for a $12 billion investment in a Fund for Women's Health Research at the...
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Employers must adhere to crucial eligibility requirements for health coverage, categorized into important "do's" and "don'ts." This includes offering affordable coverage to full-time...
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On February 21, 2024, Change Healthcare, a subsidiary of UnitedHealth Group, faced a major cyberattack, disrupting over 100 services for weeks and impacting millions of healthcare...
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A recent survey conducted by TransUnion, a leading consumer credit reporting agency, uncovered a significant shift in employer priorities when it comes to selecting employee benefits....
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President Biden proposed fiscal year 2025 budget includes a national paid family and medical leave program.
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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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2.5 minute read
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...