As Health Care Costs Bite, Here’s How You Can Help Your Workers
Recent studies have highlighted an alarming trend in American health care: More and more people are struggling with medical bills and many are delaying care due to high costs. The most recent poll by Gallup found that 38% of those surveyed
More Employers Offer Flexible Spending Accounts
As health insurance and treatment costs rise and recognizing the potential for tax savings and other benefits, more employers have started offering flexible savings accounts to their employees. FSAs are also an important way to enable employees who are not enrolled
Besides Health Insurance and 401(k)s, These Are the Benefits Employees Value Most
Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. But for the first time, the annual study by employee benefits provider Unum
Insurance Considerations as Americans Work Past Retirement Age
Americans are eligible to sign up for Medicare when they turn 65, but more of us are staying in the workforce longer than ever before. In fact, the average retirement age has increased three years in the last three decades. There
Employers Prioritizing Enhanced Benefits in New Year, Not Cost-Cutting
Despite group health insurance costs expected to rise 5.4% this year, the tight labor market is forcing employers to prioritize enhancing benefits over cost-cutting measures, according to a new report by Mercer. With Americans increasingly struggling to pay their health care
More Providers Charging for Some Health Portal Services
As more health services are being rendered through providers' patient portals and telemedicine, some providers are starting to bill for some of those interactions. A number of health systems around the country have started billing for certain types of messages, largely
New Law Yields Results, Prevents 9 Million Surprise Medical Bills
As many as 9 million surprise medical bills have been prevented since January 2022 due to the impact of the No Surprises Act, according to a new report. This is the first data that indicates the law, aimed at eliminating surprise
Premium Reimbursement Plans Grow in Usage, Despite Drawbacks
More employers are opting to fund accounts that their employees can draw on to purchase their own health insurance, either on an Affordable Care Act exchange or on the open individual market, according to a new report. Individual Coverage Health Reimbursement
Narrow Networks, Tiered Plans May Reduce Costs
Inflation, an aging workforce and people catching up on care they skipped during the COVID-19 pandemic are some of the main ingredients that will drive the cost of group health benefits over the coming years. The key for employers grappling with
Many Injured Workers Feel Unsupported, Frustrated by Claims Process
A recent study has found that injured workers are often left feeling frustrated and fending for themselves after they file a workers' compensation claim. The survey of injured workers by researchers at the University of Waterloo in Ontario, Canada found that