Remove 2020 Remove Employee Benefits Remove Employment Remove Out of Pocket Cost
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Managing Employee Healthcare Costs in 2021

Best Money Moves

Managing employee healthcare costs in 2021. What the average health insurance premium costs and changes employers are making to health benefits offerings in the new year. More than 40 percent of employees have deferred medical care because of financial concerns, according to research by Willis Tower Watson.

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Top 3 Hiring Trends for 2020

Best Money Moves

Top 3 hiring trends for 2020. How employers are planning to expand recruitment efforts to attract and retain the right talent in a tight labor market. Employers are ready to pay up to combat the skills shortage in the new year. . Top 3 Hiring Trends for 2020. More on Recruitment and Hiring Trends for 2020.

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How to Help Employees Prepare for Open Enrollment 2020

Best Money Moves

How to help employees prepare for open enrollment 2020. Being more knowledgeable about health insurance benefits will help them enroll in the plan that’s right for them. This level of apprehension may explain why employees make hasty benefits decisions. Terms Employees Need to Know for Open Enrollment 2020.

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Employers Focus on Cost Containment, Mental Health and Telemedicine

InterWest Insurance Services

A new survey has found that managing health care costs and expanding mental health benefits will be a top priority for U.S. employers as they ramp up benefits to compete for talent in the tight job market spawned by the COVID-19 pandemic. Here’s the direction many employers are going, according to the survey.

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16 Surprising FSA and HSA Eligible Expenses Your Employees Should Know About

InterWest Insurance Services

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. Employers can offer one of two options to give their employees more time to spend their funds: Grace period — You can provide an extra 2.5

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How to manage employer health care costs

Higginbotham

and employers bear much of the burden. However, cutting health benefits isn’t always a good option. In addition to meeting ACA requirements, offering attractive benefits enables employers to compete for top workers. A better option than reducing benefits is to learn how to manage employer health care costs.

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More Insurers Pushing Virtual Care for Cost Savings

InterWest Insurance Services

The latest insurer to announce an expansion of its telemedicine offerings is UnitedHealthcare, which recently said it would eliminate out-of-pocket costs for its 24/7 Virtual Visits program for eligible members enrolled in fully insured employer-sponsored plans, starting July 1.