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How HRAs Can Help Your Employees Pay for Medical Expenses

InterWest Insurance Services

As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. Employers fund these accounts, which reimburse your staff for qualified medical expenses and, in some cases, insurance premiums.

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Four High Deductible Health Plan Mistakes to Avoid

InterWest Insurance Services

As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.

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BRI Elevates Mastercard Partnership by Introducing HealthLock to Help Customers Protect Medical Data and Monitor Claims

Benefit Resource Inc.

This new platform helps protect cardholders’ medical data and monitors their medical claims for potential errors, fraud, and overbilling. Data privacy and healthcare costs are top-of-mind issues for consumers. HealthLock monitors medical breach databases and alerts a member anytime it detects a breach at one of their providers.

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Cutting Through the Alphabet Soup of Dental Insurance Plans

InterWest Insurance Services

The primary care dentist acts as a “gatekeeper” to more advanced services, and ensures that any referrals to more advanced or specialized levels of care are legitimately medically necessary. However, there still may be a network, and your out-of-pocket costs may be lower if you see dentists from within these networks.

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Should I Enroll in a High Deductible Health Plan with an HSA?

Stratus.HR

Considering they have lower premiums and provide the ability to use pre-tax dollars to pay for out-of-pocket costs, what’s not to love? Well, there’s a flipside of HDHPs and HSAs that includes a higher deductible and added out-of-pocket costs. So how do you know if this is the right plan for you?

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Four Ways to Ensure Your Group HDHP Will Fail

InterWest Insurance Services

As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.

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Managed Health Plans, ERISA, and Medical Data: The Coming Storm

HR Professionals Magazine

Because each covered procedure and each medical provider in a network will have their own negotiated arrangement, these files can be massive. for, and your plan might be paying $1,500.00, for the same procedure performed by the same medical provider at the same facility. The short version: the buck has been passed to you. Not so much.

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