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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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Spring Cleaning with Your Eligible Expenses

Benefit Resource Inc.

While dusting, vacuuming, and packing away winter clothes may be on the top of your spring cleaning list, have you considered reviewing your eligible expenses and utilizing your Flexible Spending Account (FSA)? Utilize resources like BRIWEB , BRIMOBILE , and Participant Services to help you navigate your benefits.

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Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

39% offer a medical plan with no or a low deductible or cost-sharing (e.g., 6% make larger health savings account contributions to lower-wage staff to make their high-deductible health plan more affordable. Strategies focused on utilization of high-quality primary care (e.g., copay plan). advanced primary care).

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It’s Time for a Mid-Year Financial Check-Up

Money Talk

In it, I urged a review of tax deductions/credits, tax withholding, budgeting/cash flow, flexible spending accounts, financial goal progress, and investment portfolio status. Among the culprits: climate change, higher costs for labor and supplies to repair houses and cars, and higher out-of-pocket costs for employer-provided health insurance.

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Understanding Actual Cash Value vs Replacement Cost

AssuredPartners

The most comprehensive way to replace an item or rebuild a home is utilizing a Replacement Cost Value. The additional cost of a Replacement Cost policy vs an Actual Cost Value policy is minimal compared to the possible loss of reimbursement with an Actual Cost Value claim.

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Having a Baby? Use Your Pre-Tax Funds to Save

Benefit Resource Inc.

Even with health insurance, labor and delivery can cost around $5,000, and without insurance, it can be upwards of $40,000. Fortunately, one great way to help with out-of-pocket costs is utilizing a Health Savings Account (HSA). Switch to a high-deductible health plan. Let’s Start from the Beginning.

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Benefits Advocate: The Secret to Healthcare Literacy and Cost Control

Corporate Synergies

If an employee calls to ask what their emergency room visit deductible is, for example, a benefits advocate will provide that information and also educate the caller on when it’s appropriate to go to the emergency room versus using urgent care. How Non-profits Can Leverage Health & Wellness to Control Cost. RELATED TOPICS.