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A recent report from the Centers for Medicare and Medicaid Services (CMS) predicted that national health expenditures will outpace the gross domestic product (GDP) growth from 2022 to...
1.5 minute read
According to the Nationwide Retirement Institute Health Care Costs in Retirement survey, many Americans aren’t confident in their ability to pay for health costs as they age. Over...
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The Kaiser Family Foundation conducts an annual Employer Health Benefits Survey to look at employer-sponsored health trends. Here are some key points from the 2023 survey.
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New research from Arizent reveals employee benefits leaders' challenges and strategies for increasing benefits utilization and shaping employers' 2024 open enrollment plans. Only 30%...
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The Internal Revenue Service (IRS) has released the final 2023 forms and instructions for reporting under IRS Code Sections 6055 and 6056.
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The U.S. Census Bureau’s survey revealed that employer-based health insurance was the most common coverage type for 54.5% of working-age adults in 2022. According to Dave Waddington,...
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The IRS issuedNotice 2023-70, which increases the fee for plan years ending on or after October 1, 2023, and before October 1, 2024, to $3.22 multiplied by the average number of lives...
3 minute read
During the exciting open enrollment period, Human Resources (HR) professionals play a crucial role in educating employees about their benefit options, communicating important enrollment...
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The U.S. Department of Health and Human Services (HHS) published a final rule regarding penalties for HIPAA Privacy and Security Rules. It will apply to penalties assessed on or after...
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According to the 2023 Aegis Risk Medical Stop Loss Premium Survey, stop-loss premiums increased by 16% from 2021 to 2023. Self-funded health plans purchase stop-loss insurance to help...
