1.5 minute read
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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1 minute read
Despite competitive health care benefits, many employees still face medical debt. Over 40% reported experiencing this issue, as per a survey by Goodroot.
1.5 minute read
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...
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2.5 minute read
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...
2 minute read
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...
3 minute read
Employee benefits are crucial for organizational success, enhancing job satisfaction, retention rates, and overall morale. Despite budget constraints, low- and no-cost benefits can...
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2.5 minute read
Healthcare price transparency aims to reveal the costs of medical services, providing patients, employers, and insurers with greater visibility into the financial aspects of...
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1.5 minute read
The IRS released updated employer responsibility (pay-or-play) penalty amounts under the Affordable Care Act (ACA). The rules require applicable large employers (ALEs) to offer...