3 minute read
When it comes to health care, most people don’t shop around and compare prices. A survey from a health care artificial intelligence company revealed that 64% of Americans have never...
3 minute read
When it comes to health care, most people don’t shop around and compare prices. A survey from a health care artificial intelligence company revealed that 64% of Americans have never...
3.5 minute read
Since 2010, medical trend has grown by 73%, according to the Council for Affordable Health Coverage (CAHC). This is about four times faster than the average American’s wage and five...
1.5 minute read
Many employee benefits are subject to annual dollar limits which are adjusted for inflation by the IRS each year. Many limits will substantially increase for 2023 due to inflation.
4 minute read
Public sector organizations with group health plans should be aware of changes to the Affordable Care Act (ACA) requirements that take effect in 2023.
3.5 minute read
According to Willis Towers Watson’s 2022 Emerging Trends in Health Care Survey, 94% of employers reported that managing their health care benefits will be their top priority over the...
1.5 minute read
Part of the 2021 Consolidated Appropriations Act is a new transparency provision. This provision requires employer-sponsored health plans and issuers to provide annual report...
1.5 minute read
The IRS recently increased the health flexible spending accounts (FSAs) dollar limit on employee salary reduction contributions for 2023 plan years. According to the Affordable Care...
2.5 minute read
Industry experts agree that employers should expect major health care increases in 2023. Employers must find a way to reign in rising health care costs while finding quality and...
The Affordable Care Act requires applicable large employers (with 50 or more full-time employees) to offer minimum essential coverage to full-time employees and dependents or face penalties.
2 minute read
Financial concerns are consistently rated among the highest source of stress for people. It can create feelings of anxiety, frustration, and hopelessness. Employees who struggle from...