Remove 2021 Remove Flexible Spending Remove Out of Pocket Cost Remove Taxes
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Health Expenses a Major Source of Mental Health Issues for U.S. Workers

InterWest Insurance Services

Mental health is already on the radar of employers: Large businesses reported that addressing their workers’ mental and emotional health would be a top priority over the next three to five years, according to a 2021 study by Mercer Consulting. The Centivo report found that: S.

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FSA eligible expenses — what purchases count?

Business Management Daily

Flexible Spending Accounts allow employees to set aside pre-tax dollars from their paycheck to use for medical or dependent care expenses. Here is what you need to know to figure out if an expense is FSA eligible. However, the American Rescue Plan Act temporarily raised that to $10,500 for the 2021 plan year.

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How to offer health insurance as a small business

Higginbotham

percent of Americans had employer-based health insurance in 2021, making this the most common type of health insurance. Although it may seem easier to boost wages and forget about employee benefits, due to potential tax breaks, offering health insurance can be a financially sound strategy. Census Bureau says that 54.3

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2022 New Compliance Considerations Keep Popping Up 

HR Professionals Magazine

Reporting on Pharmacy Benefits and Drug Costs – Group health plans must report information on plan prescription drug spending to regulators, including plan year dates, number of enrollees, each state where coverage is provided, and most common and costly prescription drugs dispensed by the plan. Likely Effective in 2022.