InterWest Insurance Services

JANUARY 27, 2023

Recent studies have highlighted an alarming trend in American health care: More and more people are struggling with medical bills and many are delaying care due to high costs. The most recent poll by Gallup found that 38% of those surveyed said they or a family member had delayed care in 2022 due to high costs.

Out of Pocket Cost 89

Out of Pocket Cost 401(k) Deductions Deductible 89

InterWest Insurance Services

JUNE 2, 2023

Employers offer flexible savings accounts and health savings accounts to their employees so they can build up funds with pre-tax dollars to pay for health care and related expenses. As a result, while employees with HSAs are not pressured to spend funds in their accounts every year, those with FSAs are.

Out of Pocket Cost 97

Out of Pocket Cost Health Savings Account Medical Health Insurance 97

InterWest Insurance Services

MARCH 4, 2022

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. Fortunately, there is another option: a health reimbursement arrangement (HRA). Qualified medical expenses.

Medical 94

Medical Health Insurance Out of Pocket Cost Deductions 94

Higginbotham

JULY 12, 2022

This may be a good option for employers that want to simplify their health plan administration while giving employees flexibility. Integrated health reimbursement arrangements are designed to work with the group health plan. A benefit reimbursement plan offers a way to cover these costs. Comparing HRAs, HSAs and FSAs.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52

Higginbotham

MARCH 17, 2022

Transparency in Health Coverage. As we discussed in our CAA webinar last July and our January compliance update, new transparency in coverage requirements apply to group health plans and health insurers in the individual and group markets. Links and Resources . Transparency in coverage FAQs were released on Aug.

Health Insurance 52

Health Insurance Out of Pocket Cost Insurance Health Savings Account 52

AssuredPartners

MARCH 8, 2017

While this plan delays the Cadillac Tax from 2020 to 2025. Most predictions indicate that a significant number of group health plans would trigger the 40% excise tax by 2025 if there aren't any adjustments made to the threshold. HSAs (Health Savings Accounts) will be expanded. Medicaid wind-down.

Out of Pocket Cost 40

Out of Pocket Cost Health Savings Account Taxes Insurance 40