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Employee Mental Health Leave Requests Skyrocketing

InterWest Insurance Services

Consider adding a direct primary care benefit, which allows workers and covered family members unlimited appointments with their primary care physician with no out-of-pocket costs. In 2024, over 50% of organizations plan to add paid parental leave, paid mental health days and flexible time off programs.

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Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

this year and at a faster clip in 2024 as inflation hits medical costs. ” Whether to pass on higher costs Besides the 64% of employers who said they would boost their benefits in 2024, 28% said they would not but have done so in the past two years. Increasing virtual care offerings, beyond standard telemedicine.

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Understanding the Pre-Deductible Telehealth Coverage Extension

Benefit Resource Inc.

The bill extends pre-deductible coverage for telehealth services through 2024, meaning that employers will be able to continue offering these benefits for another two years. This legislation extends through plan years beginning in 2024. This makes it easier and more affordable for employees to access care when they need it.

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CMS Releases CY 2025 Advance Notice for Medicare Advantage and Part D

McDermott Will & Emery Employee Benefits

On January 31, 2024, the US Centers for Medicare & Medicaid Services (CMS) released the Advance Notice of Methodological Changes for Calendar Year (CY) 2025 for Medicare Advantage (MA) Capitation Rates and Part C and D Payment Policies. CMS also released a press release and fact sheet.

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Employers Prioritizing Enhanced Benefits in New Year, Not Cost-Cutting

InterWest Insurance Services

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. The expected health insurance cost growth of 5.4% What employers are doing.

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Hospitals Are Hiding Prices from Patients, Advocacy Report Says

InterWest Insurance Services

The Centers for Medicare and Medicaid Services’ transparency rules were implemented to shine the light on what hospitals charge for their various medical services, the negotiated rates insurers have with health plans and the out-of-pocket costs enrollees can expect to pay for these services.

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More Insurers Pushing Virtual Care for Cost Savings

InterWest Insurance Services

More and more insurers are expanding the use of telemedicine, just as a new study shows promising cost savings of up to 25% from virtual care when implemented properly. Last year, the wavier was extended by legislation through Dec.