InterWest Insurance Services

JANUARY 27, 2023

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. That’s up from 26% in 2020 and 2021. Even if you are providing them with a robust plan, there are often out-of-pocket cost-sharing and deductibles to contend with.

Out of Pocket Cost 83

Out of Pocket Cost 401(k) Deductions Deductible 83

InterWest Insurance Services

APRIL 27, 2023

Overall rates for employers with 10 or fewer employees saw their family plan health insurance premiums jump 12% from 2021, compared to just 5.4% The cost for individual group health plans increased 6.7% overall between 2021 and 2022. for the smallest SMBs, compared to just 4.3%

Health Insurance 83

Health Insurance Insurance Out of Pocket Cost Deductions 83

InterWest Insurance Services

JANUARY 5, 2023

With Americans increasingly struggling to pay their health care bills, more employers are shying away from only offering their workers high-deductible health plans (HDHPs) that reduce premiums up front for higher out-of-pocket costs for workers. That fell to 13% in 2021 and was only 9% in 2022.

Out of Pocket Cost 68

Out of Pocket Cost Employment Health Insurance Deductions 68

AssuredPartners

AUGUST 5, 2021

We have blogged about this several times over the past year or so as information has progressed but this article will serve as a way to further delve into the implementation of these new requirements, as rules continue to be clarified and finalized in the coming months.

Out of Pocket Cost 69

Out of Pocket Cost Insurance Carriers Pharmaceutical Insurance 69

InterWest Insurance Services

MAY 25, 2022

Steps they are considering include: Improving quality and outcomes to lower overall cost. Adding or enhancing low- or no-cost coverage for certain benefits. Making changes to their employees’ out-of-pocket costs. Increasing the amount they contribute towards their employees’ health insurance premium.

Employment 81

Employment Out of Pocket Cost Health Insurance Insurance 81

AssuredPartners

MARCH 31, 2020

This provision is effective immediately and will expire December 31, 2021.

Health and Welfare 52

Health and Welfare Health Savings Account Out of Pocket Cost Flexible Spending Account 52

InterWest Insurance Services

SEPTEMBER 23, 2022

Finding room in your budget for group health insurance can be especially difficult when you’re just starting out or your profit margins are thin. Point of service (POS) — A plan where the employee out-of-pocket cost is reduced if they use health care providers within a specific network, but referrals to specialists are required.

Health Insurance 85

Health Insurance Out of Pocket Cost Insurance Paid Leave 85