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Are Out-of-Pocket Costs on Their Way Out? At-Home COVID-19 Testing and Expanded Preventative Healthcare for Women and Children

McDermott Will & Emery Employee Benefits

The post Are Out-of-Pocket Costs on Their Way Out? At-Home COVID-19 Testing and Expanded Preventative Healthcare for Women and Children appeared first on EMPLOYEE BENEFITS BLOG.

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The Dire Need for a Meaningful Fringe Increase

AssuredPartners

The fringe rate is based on the latest Bureau of Labor Statistics Employment Cost Index summary of Employer Cost of Employee Compensation (ECEC). For better or worse, the fringe rate dictates what employers are able to spend on health and welfare benefits. It is an undeniable truth that health costs have risen.

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Proposed Rules Expand Access to Contraceptive Care as a Preventive Service

Snell & Wilmer Benefits

On January 30, 2023, the Departments of Health and Human Services, Treasury, and Labor (collectively “the Departments”) issued proposed rules entitled “ Coverage of Certain Preventive Services under the Affordable Care Act ” (the “Proposed Rules”). Jackson Women’s Health Organization.

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Proposed Rules Expand Access to Contraceptive Care as a Preventive Service

Snell & Wilmer Benefits

On January 30, 2023, the Departments of Health and Human Services, Treasury, and Labor (collectively “the Departments”) issued proposed rules entitled “ Coverage of Certain Preventive Services under the Affordable Care Act ” (the “Proposed Rules”). Jackson Women’s Health Organization.

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CARES Act - Impact on HSAs, HCFSAs, and HRAs

AssuredPartners

It does not have an expiration date.n"},{"attributes":{"bold":true},"insert":"Implementation Tips:"},{"insert":"nNo changes are necessary to implement these changes to a Health Savings Account. Consumers may also receive reimbursement for OTC purchases through those accounts. All other plans (fully insured or self-funded) need to comply.

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CMS Releases CY 2025 Advance Notice for Medicare Advantage and Part D

McDermott Will & Emery Employee Benefits

On January 31, 2024, the US Centers for Medicare & Medicaid Services (CMS) released the Advance Notice of Methodological Changes for Calendar Year (CY) 2025 for Medicare Advantage (MA) Capitation Rates and Part C and D Payment Policies. CMS also released a press release and fact sheet.

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How to Choose a Health Care Plan

Insperity

Choosing a health care plan is not an easy task. Some employers send out surveys to their employees to get more insight on what they want included in the company’s health care plan. Health Care Costs. Low co-pays and prescription costs usually result in higher premiums. Health Plan Benefits and Choices.