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How to manage employer health care costs

Higginbotham

and employers bear much of the burden. 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. Health insurance costs have been rising. per hour in September 2022.

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Executive benefit reimbursement plans

Higginbotham

This may be a good option for employers that want to simplify their health plan administration while giving employees flexibility. Even with health insurance, dental insurance and vision insurance, employees tend to end up with some out-of-pocket costs that aren’t covered by their various plans. Funds do not expire.

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Final Rule Issued Allowing Increased Flexibility for Grandfathered Health Plans

AssuredPartners

For example, grandfathered plans do not have to cover essential health benefits, can choose to be exempt from covering certain preventive services (including women’s contraceptives) without employee cost-sharing, and are not constrained by the ACA provisions on limiting annual out-of-pocket costs for employees.

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ACA Repeal & Replace - New House Bill Details

AssuredPartners

Many of us didn't see the wisdom in upsetting the employer-sponsored-healthcare market (150+ million Americans enjoy coverage from their employer) in order to expand the coverage pool for another 40 million Americans. So, the tax exclusion for employer-provided plans remains in place. Medicaid wind-down.