article thumbnail

2022 Health Insurance Outlook, Changes

InterWest Insurance Services

HDHP telehealth services — The CARES Act, signed into law in 2020 after the pandemic started, temporarily allowed high-deductible health plans to pay for telehealth services before an enrollee had met their deductible. 1, 2022, HDHPs must charge enrollees for telehealth services if they have not yet met their deductible. .

article thumbnail

Why your integrated HRA shouldn't be tied to one carrier

PeopleKeep

For many employers offering a group health insurance plan, adding a supplemental benefit in addition to the group plan can help offset your employees’ out-of-pocket costs. This is especially true with high deductible health plans (HDHPs) that require employees to pay a higher amount on their own before their insurance kicks in.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Are Level Funded Health Plans Your New Benefits Alternative?

PeopleStrategy

HR departments are charged not only with finding employees comprehensive and affordable benefits including health insurance coverage, but also watching their part of the overall company bottom line. This is where level funded health plans can come into play. The monthly fee is fixed for a 12-month period.

article thumbnail

4 Health Insurance Options For Small Business Owners

Genesis HR Solutions

As one of the most expensive aspects of running a small business, health insurance is top of mind for many employers. What is the best way to provide insurance? Should you provide insurance at all? Why Health Insurance For Small Businesses Matters. Health Insurance For Small Business Owners: 4 Options.

article thumbnail

Popular virtual care options for today’s workforce

Insperity

Health care benefits are the costliest line item for employers – and these costs consistently rise each year, with plan usage and claims history serving as the two big drivers. Having virtual care options can also be help reduce employees’ stress about their own health-insurance costs.

article thumbnail

Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

Tax-deductible premiums. Advantages of group disability insurance to the worker include the following: Affordability. The employer reports income information to the disability insurance carrier. Portability is an important feature, because disability insurance can be difficult to qualify for on the individual market.

article thumbnail

Want to Save on Insurance? Be a Smarter Healthcare Consumer

Stratus.HR

Most health insurance plans outside of a Health Savings Account (HSA) have a list of copays for healthcare expenses. Virtual doctor’s visits aren’t just convenient, they’re a huge money saver for both you and your health insurance provider. Controlling Healthcare Costs Starts with You.