Helping Your Employees Find the Right Plan for Them
Studies have found that nine out of 10 employees opt for the same benefits every year and that around a third of workers don’t fully understand the group health plan […]
Draft Would Help Policyholders Meet Drug Deductibles, Copays
A model measure would require health plans to include financial assistance that policyholders receive, as well as drug rebates, towards their pharmaceutical deductibles, copays and coinsurance. Most health plans do […]
COVID-19 Home Test Kits Reimbursable under FSAs, HSAs
Under new guidance issued by the IRS, at-home COVID-19 testing kits will be considered a reimbursable medical expense under the three main health care savings vehicles offered to employees. This […]
Pandemic Spurs Supplemental Benefits Uptake Among Workers
A new study has found that in response to the COVID-19 pandemic nearly half of U.S. workers added one new supplemental health-related benefit on top of their group health coverage. […]
Large Employers Must File ACA Forms, Not the Insurers
One mistake more and more employers are making is failing to file the required Affordable Care Act tax-related forms with the IRS. If you are what’s considered an “applicable large […]
New Issues for 2022 Group Plan Open Enrollment
Employers are entering the second year of open enrollment taking place during the COVID-19 pandemic, which is still having an outsized impact on the process and which has changed the […]
Group Plan Affordability Level Set for 2022
The IRS has announced the new affordability requirement test percentage that group health plans must comply with to conform to the Affordable Care Act. Starting in 2022, the cost of […]
Coverage for Virtual Substance Abuse Treatment Grows
Thousands of American families have been affected by the tragedy of someone with a substance abuse problem. For many, especially during the COVID-19 pandemic, finding available and affordable treatment has […]
Accident Insurance Can Save Your Workers from Ruin
Even if you are providing your staff with health benefits, they could be left under great financial pressure if one of them has a major accident off the job that […]
PBM Trade Association Sues Over Transparency Rules
As the federal government continues rolling out new laws and regulations aimed at increasing price transparency in the health care industry, one group is fighting back: pharmacy benefit managers. The […]