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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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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

Preferred provider organizations – PPOs contract with hospital and provider networks to help control costs. Besides the above, you will also need to decide if you want to reduce the premium for your organization and staff by offering high-deductible health plans. The average HDHP deductible is $2,349, but many plans exceed $3,000.

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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

Preferred provider organizations – PPOs contract with hospital and provider networks to help control costs. Besides the above, you will also need to decide if you want to reduce the premium for your organization and staff by offering high-deductible health plans. The average HDHP deductible is $2,349, but many plans exceed $3,000.

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

It also clarifies the Fair Labor Standards Act (FLSA) regulations for paying overtime. There’s a lot you need to know about classifying your employees the right way based on the Fair Labor Standards Act (FLSA). The federal overtime provisions are contained in the Fair Labor Standards Act (FLSA).

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Health insurance Health insurance aims to assist employees with the costs of obtaining medical care. This is one of the most critically important benefits to employees, given the generally high costs associated with medical care. Optional dental and vision care are usually offered alongside health insurance for an added fee.)

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Update: COVID legal considerations for employers

Business Management Daily

With cases rising and hospitals filling, employers should expect both legislation and agency orders aimed at slowing the spread. It’s looking more and more likely that Congress will temporarily extend the Families First Coronavirus Response Act (FFCRA). That means more paid leave. Paid leave may return – eventually.

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What employees expect from benefits packages

Business Management Daily

Despite the emergence of the healthcare marketplace, people still look to their employer as the first and most cost-effective choice for medical insurance. According to the Affordable Care Act (ACA), U.S. Medical plans with no or low-cost deductibles. Medical plans with no or low-cost deductibles.