InterWest Insurance Services

JANUARY 17, 2023

There are a number of issues that Medicare-eligible workers face that your human resources staff may be asked about, such as: Penalties for late Medicare enrollment, Whether the employer plan is the primary or secondary payer of claims, and. How Medicare eligibility affects health savings accounts. Discontinuing group health coverage.

Health Insurance 97

Health Insurance Insurance Health Savings Account Hospitality 97

McDermott Will & Emery Employee Benefits

DECEMBER 13, 2023

The enactment of the Affordable Care Act in 2010 led to a sharp increase in employers self-funding their group health insurance plans, with the market tripling in size in the decade that followed.

Health Insurance 77

Health Insurance Employment Medical Insurance 77

Global People Strategist

JUNE 8, 2022

This blog will give a better understanding of the healthcare programs in the country. Public health. Private health insurance. Thai Public Health. Expats working in Thailand have to sign up for the public health program part of the Universal Coverage Scheme. Private Health Insurance in Thailand.

Health Insurance 52

Health Insurance Insurance Hospitality Deductions 52

InterWest Insurance Services

MARCH 28, 2024

Pharmacy spending, high-cost claimants and newly developed anti-obesity drugs are expected to shape health benefits and affect the cost of care and health insurance for employers, according to a new report. Employ risk-reduction programs like weight-loss programs to lower the risk of surgery for degenerative arthritis.

Employment 98

Employment Pharmaceutical Health Insurance Medical 98

InterWest Insurance Services

JANUARY 17, 2023

Besides health insurance and a 401(k) plan, other benefits that employees value highly are generous paid time off and flexible or remote work, according to a new survey. Sixty-four percent of employees surveyed said they do not have access to an emergency savings option through their employer.

401(k) 98

401(k) Health Insurance Insurance Voluntary Benefits 98

Bayzat

JUNE 20, 2021

When it comes to your health, getting health insurance is not a question of should you get it but rather, which health insurance is the best for you. You probably have a lot of important possessions that could use insurance. But nothing is as important as your health.

Health Insurance 52

Health Insurance Insurance Healthcare Medical 52

InterWest Insurance Services

MARCH 16, 2023

Large employers are unwavering in their plans to continue offering group health plans to their workers instead of funding individual reimbursement accounts that would allow them to shop for plans on government-run exchanges, according to new research. “We liked to have control. “We liked to have control.

Health Insurance 98

Health Insurance Employment Out of Pocket Cost Health Savings Account 98

PeopleKeep

APRIL 3, 2024

Small to medium-sized businesses (SMBs) often look for creative alternatives to traditional health insurance to offer their employees an affordable and comprehensive health benefit. One option some employers may consider is a level-funded health plan.

Health Insurance 99

Health Insurance Healthcare Insurance Employee Benefits 99

Griffin Benefits

APRIL 10, 2023

When a plan participant or beneficiary has Medicare and other health insurance, such as employer group health plan insurance, retiree coverage, or Medicaid, there can often be confusion as to which insurance pays first on claims. Today's blog post provides a general overview of COB rules under Medicare.

Employment 88

Employment Health Insurance Insurance Healthcare 88

InterWest Insurance Services

JULY 13, 2023

Employers who were surveyed for a new report expected that group health insurance premiums would increase 5.4% In fact, 64% of large employers (with 500 or more workers) plan to enhance their health insurance and well-being benefits to stay competitive for talent and to keep their staff happy, Mercer found.

Employment 98

Employment Out of Pocket Cost Health Insurance Health Savings Account 98

PeopleKeep

APRIL 17, 2024

Whether you’re an individual searching for a health plan for yourself or your family, or an employer looking for a group health insurance policy for your staff, there are many types of health plans to choose from. Most people have a basic understanding of how health insurance works.

Health Insurance 52

Health Insurance Insurance Employment 52

McDermott Will & Emery Employee Benefits

FEBRUARY 24, 2022

US employers have grown increasingly interested in identifying incentives that increase COVID-19 vaccination among employees. The post Agencies Clarify How Employers Can Charge COVID-19 Vaccine Premium Incentives appeared first on EMPLOYEE BENEFITS BLOG.

Health Insurance 73

Health Insurance Employment Insurance Employee Benefits 73

InterWest Insurance Services

JUNE 30, 2023

The penalties for not offering health insurance to your employees if you have 50 or more full-time or full-time equivalent employees in violation of the Affordable Care Act are set to rise again next year. The 226-J letters are also sent to employers if they make mistakes on their Form 1095-C. 1, 2024. .”

Employment 97

Employment Health Insurance Insurance Government 97

PeopleKeep

MAY 15, 2024

However, finding affordable health benefits can be challenging for small business owners with a limited budget. One option available for small employers is the Small Business Health Care Tax Credit. But, this blog will provide general guidance on Form 8941, including who’s eligible to file it and how to fill it out.

Health Insurance 52

Health Insurance Taxes Consulting Insurance 52

InterWest Insurance Services

AUGUST 5, 2022

As the 2023 group health open enrollment season nears, more employers have heard concerns among their staff and are focusing on affordability and easier access to health care services, according to a new study. The survey found that 70% of all large employers were planning benefit enhancements for 2023.

Health Insurance 98

Health Insurance Insurance Deductions Deductible 98

Joe Markland

APRIL 23, 2021

This was my first post on my other blog titled, New Health Care for America. To start my blog about fixing health care I thought I would start with just making some comments that in my heart of hearts I believe to be true. Employers don’t want to be in the health insurance business.

Health Insurance 130

Health Insurance Insurance Finance Government 130

InterWest Insurance Services

DECEMBER 21, 2023

The explosion in demand for new, costly and highly effective weight-loss and diabetes drugs is poised to play an outsized role in increasing the cost of health care, and in turn, health insurance in America. in 2023, compared to an increase of 6.4% in 2022, according to a report by Mercer.

Pharmaceutical 98

Pharmaceutical Employment Medical Food 98

InterWest Insurance Services

JANUARY 5, 2023

Despite group health insurance costs expected to rise 5.4% this year, the tight labor market is forcing employers to prioritize enhancing benefits over cost-cutting measures, according to a new report by Mercer. The expected health insurance cost growth of 5.4% What employers are doing. Cost-cutting.

Out of Pocket Cost 89

Out of Pocket Cost Employment Health Insurance Deductions 89

InterWest Insurance Services

MAY 25, 2022

A new survey has found that managing health care costs and expanding mental health benefits will be a top priority for U.S. employers as they ramp up benefits to compete for talent in the tight job market spawned by the COVID-19 pandemic. Here’s the direction many employers are going, according to the survey.

Employment 97

Employment Out of Pocket Cost Health Insurance Insurance 97

PeopleKeep

MAY 11, 2022

Health insurance can be confusing and challenging for both employers and employees. If you feel stuck in your current health plan, you may be asking yourself, “Can I change my health insurance plan mid-year?”. The good news is that you’re not locked into your health insurance plan forever.

Health Insurance 91

Health Insurance Insurance Employment 91

Global People Strategist

MAY 31, 2022

In order to recruit and retain top talent, Germany offers a number of employment benefits, some of which will be discussed in this blog. Key Employment Benefits in Germany: 1) Leave Entitlements: Every German employee is entitled to at least 20 days of paid leave throughout the year (assuming a five-day working week).

Paid Leave 52

Paid Leave Employment Parental Leave Health Insurance 52

InterWest Insurance Services

MAY 11, 2023

When someone is battling addiction or has mental health issues, it affects all aspects of their life, including work. It costs employers an average of $300 billion a year in stress-related health care and missed work, according to a Harris Poll conducted for Purchasing Power.

Family and Medical Leave Act 98

Family and Medical Leave Act Employment Parental Leave Out of Pocket Cost 98

InterWest Insurance Services

APRIL 11, 2024

A recent study has found that employers who offer health insurance coverage to their staff had an average return on investment (ROI) of 47%, meaning that for every $1 an employer spends, it will receive $1.47 The analysis found that this combination of group health and wellness programs boosted overall ROI for employers.

401(k) 90

401(k) Health Insurance Insurance Taxes 90

InterWest Insurance Services

APRIL 4, 2024

If you are not diligent in keeping up with outgoing employees, are not paying enough attention to admin details and checking billing for errors, and are not reviewing accounts regularly, you could be leaving money on the table unnecessarily and overpaying for your group health insurance and other employee benefits you offer.

Health Insurance 52

Health Insurance Insurance Human Resources Employment 52

InterWest Insurance Services

JANUARY 6, 2022

The COVID-19 pandemic has had profound effects on health insurance in the U.S., with many employers improving mental health and other benefits to help their workers during this trying period, according to a new report by the Kaiser Family Foundation. 6% expanded access to in-network mental health providers.

Employment 98

Employment Health Insurance Insurance IT 98

PeopleKeep

MARCH 7, 2022

If you’re offering a group health plan with a high deductible to save money, a special type of health reimbursement arrangement (HRA) has been specifically designed for employers like you: the integrated HRA. You’re looking to reduce healthcare costs. You want to attract and retain top talent.

Health Insurance 96

Health Insurance Deductions Deductible Healthcare 96

PeopleStrategy

MARCH 12, 2020

As a full-service broker and HR technology solution provider, we serve employers and, more specifically, HR, benefits and finance professionals. During unsettling situations such as the one we face today, employees rely on HR to provide guidance on how best to protect their health and that of their families.

Family and Medical Leave Act 83

Family and Medical Leave Act Employment Health Insurance Deductions 83

McDermott Will & Emery Employee Benefits

MAY 5, 2022

Wade (as suggested by a leaked draft on May 2), employers who want to provide abortion coverage to employees and their families could encounter serious challenges. Raaii noted that employers that provide travel expenses for abortions might encounter resistance […]. In this Bloomberg Law article, McDermott’s Sarah G.

Employment 82

Employment Employee Benefits Health and Welfare Health Insurance 82

Pacific Prime

SEPTEMBER 26, 2022

It’s looking like healthcare costs will skyrocket in the employer market in 2023. But what exactly does this mean for you as an employer? Consequently, employers will have to decide whether they’ll spend even more on their employees’ healthcare. To put it simply, premiums could increase much more than usual.

Healthcare 89

Healthcare Employment Health Insurance Employee Benefits 89

WEX Inc.

JUNE 5, 2023

If you’re a small business owner, the qualified small employer health reimbursement arrangement (QSEHRA) might be the benefits plan you’re looking for. A QSEHRA is a tax-advantaged benefits plan funded by the employer that employees can tap into to pay for eligible expenses. What employers are eligible to offer one?

Health Insurance 94

Health Insurance Healthcare Taxes Insurance 94

PeopleKeep

MARCH 2, 2022

Millions of Americans have employer-sponsored health insurance and, as sad as it sounds, those benefits can often determine who can afford to start a family. Luckily, as of 2020, 61% of employers with 500+ employees provide some fertility insurance coverage.

Health Insurance 95

Health Insurance Insurance Employment IT 95

McDermott Will & Emery Employee Benefits

JUNE 1, 2022

This state-by-state rulemaking will cause some difficulty for employer plans, and employers are increasingly exploring […]. The post Employers Explore Abortion Coverage Continuation appeared first on EMPLOYEE BENEFITS BLOG.

Employment 69

Employment Medical Employee Benefits Health and Welfare 69

WEX Inc.

AUGUST 23, 2023

And they serve as an excellent cost-effective recruitment and retention tool for employers as they look for ways to improve their benefits offerings. Health Voluntary benefits help employers fill any additional health needs that might not be covered by typical health insurance. Go to our webpage.

Voluntary Benefits 98

Voluntary Benefits Disability Insurance Life Insurance Insurance 98

InterWest Insurance Services

NOVEMBER 2, 2023

A new study’s findings that many workers have a poor understanding of their employer-sponsored health insurance benefits, presents an opportunity for businesses to extend targeted support to staff during open enrollment. The study authors recommend a return-to-basics approach during open enrollment for these workers.

Health Insurance 98

Health Insurance Deductions Deductible Insurance 98

InterWest Insurance Services

JANUARY 20, 2022

One of the health insurance trends that went largely unnoticed in 2021 was that employers halted cost-shifting to their employees by reducing or holding steady workers’ deductibles and other cost-sharing. Additionally, despite average group health premiums growing 6.3% Health Policy at Mercer.

Employment 98

Employment Deductions Deductible Health Insurance 98

Money Talk

JUNE 29, 2022

Last year, I wrote a blog post about mid-year financial check-up s for the OneOp Personal Finance team. This is a great time to increase emergency savings or automatic deposits into an employer retirement savings plan (e.g., Now is a good time to explore money-saving strategies to reduce insurance costs. 401(k) or 403(b) plan).

401(k) 245

401(k) Out of Pocket Cost Finance Flexible Spending Account 245

McDermott Will & Emery Employee Benefits

AUGUST 17, 2022

Wade, how can employers protect workers who seek abortion care? The post How Can Employers Protect Workers Who Seek Abortion Care? The post How Can Employers Protect Workers Who Seek Abortion Care? appeared first on EMPLOYEE BENEFITS BLOG.

Employment 83

Employment Healthcare Employee Benefits Health and Welfare 83