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21 Financial Events and Trends During 2021

Money Talk

Between December 11 and 31, I have been tweeting about 21 key financial events that took place during 2021 using the hashtag #21MoneyTrends2021. Income and Jobs- An unprecedented 1 in 4 American workers quit jobs in 2021 as people re-evaluated work requirements, personal values, career options, and work-life balance.

Finance 362
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4.4 million employees are covered by corporate health insurance

Employee Benefits

More than four million people are now covered by health insurance through their employer, according to data from the Association of British Insurers (ABI). The number of employees benefitting from health insurance increased by 8% from four million in 2021 to 4.4 million in 2022. The post 4.4

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Handling Health Insurance for Remote Workers

InterWest Insurance Services

of the working population) in 2021 from 9 million (5.7%) in 2019, according to the 2021 “American Community Survey” conducted by the U.S. Employers will typically purchase group health insurance with networks that are mainly local or regional. million (or 17.9% Census Bureau.

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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

A new report has found that small businesses that purchase their group health insurance online or through payroll vendors saw the largest premium hikes in 2022, significantly higher than those that went through brokers. The cost for individual group health plans increased 6.7% overall between 2021 and 2022.

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What is group health insurance?

PeopleKeep

Traditional group health insurance has been a top employee benefit for many decades. of Americans had employer-sponsored group health insurance in 2021. According to the U.S. Census 1 , 54.3%

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Most Workers Make Bad Health Insurance Decisions

InterWest Insurance Services

Even though the majority of workers receive health insurance coverage on the job, a new survey has found that many of them understand surprisingly little about their health plans and are leaving money on the table. Most health plans do not cover out-of-network care. Most health plans do not cover out-of-network care.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

HDHP telehealth services — The CARES Act, signed into law in 2020 after the pandemic started, temporarily allowed high-deductible health plans to pay for telehealth services before an enrollee had met their deductible. 31, 2021, and for plan years that start on or after Jan. That comes to an end Dec. More guidance coming. 1, 2022.