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Individual health insurance vs. group health insurance

PeopleKeep

A robust benefits package with a comprehensive health benefit is essential for attracting and retaining top talent in today’s workforce. But if you’re offering health benefits for the first time, figuring out where to start can be overwhelming. But what is the difference between them, and how do they compare?

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Smallest Firms See Largest Health Insurance Hikes

InterWest Insurance Services

A new report has found that small businesses that purchase their group health insurance online or through payroll vendors saw the largest premium hikes in 2022, significantly higher than those that went through brokers.

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Why do employers offer health insurance?

PeopleKeep

Health insurance is one of the most sought-after benefits an organization can offer. But few know why employers started providing health insurance in the first place. Employer-sponsored health insurance became widely adopted during World War II.

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Health Insurance Benefits for Employees – Why It’s Important

Pacific Prime

Employer-provided health coverage has become the standard foundation benefit for the platform of many companies. The post Health Insurance Benefits for Employees – Why It’s Important appeared first on Pacific Prime's Blog. It could even be true that younger generations won’t even know what.

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Most Workers Make Bad Health Insurance Decisions

InterWest Insurance Services

Even though the majority of workers receive health insurance coverage on the job, a new survey has found that many of them understand surprisingly little about their health plans and are leaving money on the table. Most health plans do not cover out-of-network care. Despite that, 23% chose the higher premium plan anyway.

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Individual health insurance vs. group health insurance

PeopleKeep

If you’re offering health benefits for the first time, or are considering changing up your benefits strategy, it's common for employers to compare a traditional group health insurance plan with individual health insurance reimbursement options, like health reimbursement arrangements (HRAs).

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What does health insurance cover?

PeopleKeep

With the addition of the Affordable Care Act (ACA), access to affordable health insurance increased, giving more Americans agreat way to reduce unexpected medical costs to a more reasonable amount. Census Bureau says roughly 91% of all Americans are now covered by some form of health insurance. In fact, the U.S.