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Oxford University Hospitals deploys multiple methods to communicate financial support

Employee Benefits

In order to effectively communicate financial wellbeing support to its wide range of employees, UK NHS teaching trust Oxford University Hospitals uses a variety of methods to suit their needs and preferences. The post Oxford University Hospitals deploys multiple methods to communicate financial support appeared first on Employee Benefits.

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Hospital Indemnity Insurance a Key Voluntary Benefit

InterWest Insurance Services

Fortunately, employers can help by offering their workers voluntary hospital indemnity insurance that can provide peace of mind in case they have a serious medical episode. Hospital indemnity insurance. The worker can use this cash benefit for any purpose, including: Deductibles. She spends two days in the hospital.

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Waiving HDHP Deductibles Has Little Effect on Premiums, Study Says

InterWest Insurance Services

Employers who offer health savings account-eligible high-deductible health plans (HDHPs) to employees can significantly expand pre-deductible coverage for certain drugs used to manage chronic conditions — with only a tiny effect on premiums. no deductible and no coinsurance), the net impact on premiums was an increase of 4.7%.

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More Providers Charge for Telemedicine, Phone Visits and Doctor E-Mails

InterWest Insurance Services

More hospitals and insurers have started charging patients for virtual care services as they have grown in usage and providers are spending more time meeting patients in telehealth appointments and responding to their e-mails. How it’s being billed The amount that patients are being billed varies among hospital systems and insurers.

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Tipping Bill passes into law to make withholding tips illegal

Employee Benefits

It also suggested that this would free up £200m per year of otherwise deducted tips, to go back into the pockets of employees. Hard-working people working in hospitality in Watford and across the country will be able to retain their tips, knowing that they will now have a fair deal.

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New Law Yields Results, Prevents 9 Million Surprise Medical Bills

InterWest Insurance Services

Often these bills come after going to an in-network hospital but either the doctor, the lab or the anesthesiologist were out of network. Surprise billing is also common in medical emergencies, when an ambulance takes a patient to the closest ER – and frequently at a hospital that’s not in the patient’s network.

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Report: Group Health Plan Cost Inflation to Pick Up Steam

InterWest Insurance Services

New technologies — New technologies that hospitals use are also increasing in cost, as is the cost of servicing and installing the equipment. Aon estimates that the average employee premium contribution in 2023 is $2,682, while they pay out another $1,993 in deductibles, copays and coinsurance.