The GLP-1 Dilemma: How Employers Can Take Control
Many employers are facing challenges in incorporating high-cost GLP-1 medications nto their group health plans.
Cyber Criminals Target HSAs: Warn Your Employees
Health savings accounts have become a prime target for cyber criminals, who are using advanced tactics to steal funds from them, putting your employees' medical expense savings at risk. The risk is even greater considering that employees can keep HSAs for
Key Employee Insurance Protects the Future of your Business
You have a great group of employees working with you and your business is thriving. For many small-to-mid-sized businesses that success is due to key employee with both skills, experience and connections that would be difficult to replace. But what if
How to Deal with ICHRA Administration
Employers that have decided to offer their staff individual healthcare reimbursement accounts to purchase health insurance on their own have been encountering administrative headaches. Simply tracking whether workers in an ICHRA plan have secured coverage can be complicated, but employers need
Executive Order on IVF: What HR Leaders Need to Know
President Donald Trump, while campaigning, promised his administration would ensure invitro fertilization treatments were either covered by insurance or directly paid for. However, his recent executive order, issued on Feb. 18, stops short of outlining specific policies to accomplish this. Human
The Hidden Impact of Chronic Conditions in the Workplace
Chronic health conditions are a growing problem for workers, damaging their well-being, productivity and job satisfaction, according to a new study. The "U.S. Employee Perspectives on Managing Chronic Conditions in the Workplace" poll by the Harvard T.H. Chan School of Public
If Medicare Starts Covering Wegovy, Will Private Insurers Follow Suit?
There is a general truth in the health insurance sector: If Medicare and Medicaid are given the green light to cover a certain drug, insurers in the group health and individual health insurance market usually follow suit. The Centers for Medicare
More Workers Miss Work Due to Depression, Anxiety; Employers Can Help
Each year, mental health issues such as depression and anxiety lead to a staggering 12 billion missed workdays globally, according to a new study by Resolute Psychiatry, an online platform that provides virtual counseling. This absenteeism not only affects personal well-being
Specialty Drugs, Expensive Surgeries Driving Stop-Loss Insurance Costs
Companies that self-insure their group health benefits, or are in partial self-insured plans called level-funding, are likely to see higher stop-loss insurance renewal rates due to the rapidly increasing costs of specialty drugs and cancer surgery claims. Stop-loss insurance steps in
Most Workers Uncomfortable with Cash-for-Coverage Plans
A recent survey found that the majority of employees prefer traditional employer-sponsored health insurance over receiving cash through an individual coverage health reimbursement arrangement (ICHRA) to buy their own coverage on the Affordable Care Act marketplace. The survey, conducted by Softheon,