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4.4 million employees are covered by corporate health insurance

Employee Benefits

More than four million people are now covered by health insurance through their employer, according to data from the Association of British Insurers (ABI). The number of employees benefitting from health insurance increased by 8% from four million in 2021 to 4.4 million in 2022. The post 4.4

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Personalized Care Act (ICHSA) Could and Should End Employer-Based Health Insurance

Joe Markland

We need to adopt ICHSA’s, making the premium of an individual health insurance policy an eligible expense under a Health Savings Account. In health insurance, our financing system denies employee choice and therefore we do not have a true consumer market driven system. The ICHSA is now on the horizon.

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Health insurance options for retailers

PeopleKeep

However, one aspect of running a retail business that you shouldn't overlook is providing health insurance coverage to your employees. From managing inventory to providing exceptional customer service, countless tasks require your attention.

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Group health insurance vs. ICHRA

PeopleKeep

Traditionally, group health insurance has been the go-to option for employers. However, the introduction of the individual coverage health reimbursement arrangement (ICHRA) in recent years has given organizations an alternative to consider.

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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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Should HR Teams Provide Health Insurance Calculators?

Flimp Communications

The most powerful health insurance calculators (think of them as the enterprise-class) are decision-support tools, the best of which can help employees predict their needs and spending, compare plans, and make satisfying decisions in minutes. The post Should HR Teams Provide Health Insurance Calculators?

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Health insurance premiums rise to $24,000 a year

Employee Benefit News

The average employer-sponsored health insurance premium for US families rose 7% to almost $24,000 this year.