Employees and Employers Save with Cafeteria Plans
As health care costs continue rising and employees are being asked to shoulder more of the expense burden, you can help them by offering a tax-advantaged plan that allows them to save for medical expenses. These cafeteria plans, which are governed
Finding Health Cost, Insurance Data Still a Struggle for Patients: Report
Despite newly enacted federal transparency rules for hospitals and health plans, some large hospitals are still not posting the required price lists for their services, according to a recent report. The Centers for Medicare and Medicaid Services’ transparency rules were implemented
Remote Workers Find Benefits Selection Difficult
A new survey has found that remote workers have a more difficult time choosing benefit plans that are the right fit for them compared to their colleagues who work on-site or have hybrid remote-office schedules. The poll by MetLife found that
Get Communications Right for Open Enrollment
As group health plan open enrollment looms for most companies, communicating your offerings to your staff is key to getting as many of them as possible to sign up for coverage. That requires a solid strategy aimed at helping your employees
Employee Assistance Programs in Times of Need
The COVID-19 pandemic has brought mental health to the forefront for many people, as they tried to cope with abrupt changes to their work and social lives, isolation, fear of getting sick and losing loved ones to the disease. Even now,
How to Budget for Your Group Benefits Plan
As the labor market remains tight and businesses struggle to find staff, more small firms are starting to offer employee benefits, particularly health coverage. But the costs of coverage can be daunting and many employers worry about whether they can afford
Getting a Head Start on Open Enrollment
As open enrollment is right around the corner, now is the time to gear up to maximize employee enrollment, help them make the best selections for their own personal circumstances, and stay compliant with relevant laws and regulations. It's a lot
Group Health Premiums Set to Rise 6.5%: Poll
U.S. employers can expect to see their group health insurance premiums climb an average of 6.5% in 2023 from this year, according to a new study. Economic inflationary pressures will push the average premium cost per employee to about $13,800, compared
Diabetes Wellness Programs Can Boost Productivity, Reduce Costs
Physicians and employee health experts are increasingly recommending that employers include diabetes screening, prevention and management in their company-sponsored wellness programs. Diabetes — known as the "silent killer" — afflicts more than 29 million Americans, or 9% of the population. Type 2
Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll
Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. And those that don't deliver lose employees or