Employers Expect Higher Premiums, Little to No Cost-Shifting
Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% this year and at a faster clip in 2024 as inflation hits medical […]
More Insurers Pushing Virtual Care for Cost Savings
More and more insurers are expanding the use of telemedicine, just as a new study shows promising cost savings of up to 25% from virtual care when implemented properly. The […]
ACA Employer Mandate Penalties on the Rise
The penalties for not offering health insurance to your employees if you have 50 or more full-time or full-time equivalent employees in violation of the Affordable Care Act are set […]
Insulin Makers Cap Prices for Insured Individuals
Three drugmakers, which account for roughly 90% of the insulin in the U.S. market, in March 2023 announced that they will cap the cost of insulin for people with private […]
New Anti-Obesity Drugs Put Employers in a Quandary
A surge in demand for pricey, new and highly effective anti-obesity medications could put a financial strain on employers who sponsor their employees’ health plans. Employers have long offered coverage […]
2024 HSA Contribution Limits, HDHP Minimums, Maximums Set
The IRS has raised the maximum amount employees can funnel into their health savings accounts by 7.8% for 2024, the largest increase ever, brought to you by inflation. The IRS […]
16 Surprising FSA and HSA Eligible Expenses Your Employees Should Know About
Employers offer flexible savings accounts and health savings accounts to their employees so they can build up funds with pre-tax dollars to pay for health care and related expenses. For […]
PBMs Feeling the Heat on All Fronts
While drugmakers have been assailed for years for increasing their prices and driving the cost of medications higher and higher, there is another player in the health care space that […]
HDHP Enrollees Less Satisifed with Their Health Plans
A new study has found that people enrolled in traditional PPOs and HMOs are more satisfied with their plans than those who are enrolled in high-deductible health plans. But satisfaction […]
More Employers Expand Mental Health Benefits
American workers are more stressed than ever coming out of the pandemic, and an increasing number of people are also struggling with mental health issues. Sadly, the number of people […]