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More Employers Expand Mental Health Benefits

InterWest Insurance Services

It costs employers an average of $300 billion a year in stress-related health care and missed work, according to a Harris Poll conducted for Purchasing Power. That’s why more employers are stepping up to provide their workers with benefits to support behavioral health and emotional well-being.

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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

With recent new regulations, options have changed for employers and you need to stay focused on maximizing your outcomes within your budget. Going out of network is discouraged with high out-of-pocket costs. Preferred provider organizations – PPOs contract with hospital and provider networks to help control costs.

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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

With recent new regulations, options have changed for employers and you need to stay focused on maximizing your outcomes within your budget. Going out of network is discouraged with high out-of-pocket costs. Preferred provider organizations – PPOs contract with hospital and provider networks to help control costs.

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Waiving HDHP Deductibles Has Little Effect on Premiums, Study Says

InterWest Insurance Services

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums. Cost of temporary workers. Overtime costs. The growing cost burden of HDHPs.