group health insurance Tag
Employers have found that offering managed health care costs and health care plans with higher deductibles, help the appeal and offer-ability of their benefits programs. Employees appreciate having multiple options with their health care plans for affordability and usability. More options add a benefit of...
The
IRS has been sending pay-or-play enforcement letters this year, and last year. Listed
below, is an explanation of what that means for businesses with over 50
employees.
In 2018, the IRS began sending enforcement letters related to employers and their compliance with the shared responsibility rules, regarding...
With the millennials joining the workforce, the times are changing. The typical benefits of health insurance, sick leave, vacation time and personal days are still needed, but now employees are getting bolder about asking about specific types of benefits and employee packages. Larger companies may...
A group of senators will soon release a proposed plan, “Protecting Patients from Surprise Medical Bills Act”,to try and stop unplanned medical bills. In a hospital situation, or when emergency medical care is required, many patients are billed large, unexpected charges by providers outside their...
We know that corporate healthcare costs are a big expense to any corporation’s bottom line. There are several ways that people can save on an individual level, with their healthcare expenses. Here are five tips to save on healthcare costs, doctor bills and prescription drugs.
1. Use In-Network...
Open Enrollment for Group Health Insurance is coming for 2017-2018. It’s important to prepare for open enrollment. Group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans, for plan years beginning on or after Jan. 1, 2018.
Employers should review...
Do you know what a flexible spending account is? A health flexible spending account (FSA) lets you use pre-tax dollars to pay for eligible health care expenses for you, your spouse, and your eligible dependents. This is when money is set aside from your paycheck, for medical expenses, before taxes...
Why is it that “Free” Preventive Care Services aren’t always “Free”?
I personally think that one of the best provisions in the ACA was preventive care covered at 100%. There are no co-pays, no deductibles. This was already in place for HDHP plans back in 2004,...
Do you understand the benefits of long-term care insurance? Long-term care insurance is designed to help pay for medical or non-medical services, that may be out of pocket charges, if you are not insured. Some policies even cover nursing home care, while others would include...