InterWest Insurance Services

MARCH 22, 2022

The Department of Health and Human Services has issued some new “frequently asked questions” for its Affordable Care Act pages, and new guidelines that require health plans to expand what they are required to cover with no cost-sharing.

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WEX Inc.

APRIL 25, 2024

This means that you’ll have to pay a significant amount out-of-pocket for healthcare services before your insurance coverage kicks in. HDHPs have limits for allowable deductible amounts and out-of-pocket costs. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

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InterWest Insurance Services

APRIL 27, 2023

Some employers have gravitated towards HDHPs to reduce their and their employees’ overall premium spend, but these plans come at a cost: more out-of-pocket costs for workers.

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Business Management Daily

NOVEMBER 15, 2021

Limited Purpose FSA: An FSA that covers out-of-pocket costs for dental and vision care, but not standard medical care. Lactation supplies such as breast pumps and lactation consulting. The annual dependent care FSA contribution limit is $5,000. Menstrual supplies such as pads, tampons, cups, and liners.

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Griffin Benefits

JULY 30, 2021

And while consumers seem to have a love/hate relationship with HDHPs, many of those who take the time to fully calculate the total out-of-pocket cost of medical coverage and care realize that HDHPs, even with higher deductibles, can often save them money. Over-the-Counter Drugs (OTC).

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Griffin Benefits

MARCH 9, 2022

Reducing the number of drugs on a formulary is only part of increasing pharmacy cost savings: it needs to be tracked, with adjustments made to market conditions. Creating an additional tier for specialty drugs — or even for biologics and biosimilars alone — can start to help control costs.

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InterWest Insurance Services

JANUARY 26, 2022

The report on the study by the health care consulting company Centivo urges employers to consider new ways to reduce the medical financial burden some of their employees may be experiencing. It stressed two main points: High deductibles — The report found one of the main drivers of stress was high deductibles and other out-of-pocket costs.

Out of Pocket Cost 98

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