Why Capturing Group Health Plan Data is Crucial for Employers
Gaining access to plan claims data and expenditures can help employers identify their plan’s main cost drivers and any under- or overutilization. Employers whose plans are spending less than average can use that information as leverage if they want to
Why Voluntary Benefits Matter for Small Employers
Voluntary benefits have emerged as a key differentiator for small businesses looking to stay competitive in attracting and retaining employees. These benefits, which are offered in addition to group health insurance and 401(k) plans, allow employees to opt in to
Poor Health Insurance Literacy Hurting Your Employees, Your Bottom Line
Poor health insurance literacy among plan enrollees costs both them and plan sponsors billions of dollars each year, according to a new report by Cigna Healthcare. According to the report, Americans with poor knowledge of how their health insurance works are
‘Big Beautiful’ Tax Bill Would Make Major Changes to HSAs, ICHRAs
The "Big Beautiful" tax bill being debated in Congress has several provisions that would make major changes to rules governing individual coverage health care reimbursement arrangements and tax-advantaged health savings accounts. Many of these changes would benefit both employees and