Genesis HR Solutions

NOVEMBER 8, 2018

Health insurance is stressful for small business owners and company leaders, isn’t it? medical coverage for your employees. Managing health insurance—minimizing costs while still adding value to insurance plans —can be done yourself, but it’s not something we’d recommend. Care to learn why? Here's why.

Health Insurance 40

Health Insurance Insurance Insurance Carriers Education 40

Griffin Benefits

OCTOBER 1, 2022

Spending by Category – This reporting requirement primarily relates to medical benefits, not prescription drugs offered under the prescription drug portion of the plan. It will, however, include detailed information about prescription drugs covered under the medical benefit portion of the plan (which are typically in-patient hospital drugs).

Insurance Carriers 65

Insurance Carriers Employment Flexible Spending Account Insurance 65

AssuredPartners

JUNE 30, 2022

Beginning July 1, 2022, the Consolidated Appropriations Act, 2021 (CAA) requires non-grandfathered major medical group health plans and insurance carriers to disclose detailed pricing information in two separate machine-readable files (MRFs). What is a machine-readable file?

Insurance Carriers 52

Insurance Carriers Insurance Health Insurance Utilities 52

InterWest Insurance Services

JULY 26, 2022

Streamlined application process — no medical exam required. The employer reports income information to the disability insurance carrier. Disability insurance benefits may or may not be taxable, depending on the circumstances. This is true for most employer-paid group health insurance plans.

Disability Insurance 74

Disability Insurance Insurance Carriers Insurance Deductions 74

Higginbotham

JANUARY 11, 2022

of Labor, Health and Human Services (HHS) and the Treasury issued FAQ guidance regarding the requirements for group health plans and health insurance issuers to cover over-the-counter (OTC) COVID-19 diagnostic tests. Employers with fully-insured plans should expect their insurance carrier to handle these requirements.

Insurance Carriers 52

Insurance Carriers Health Insurance Insurance Medical 52

Benefit Resource Inc.

MARCH 11, 2021

Employers sponsoring a group health plan will be responsible for paying health insurance carriers for the premiums. The Department of Labor and Department of Health and Human Services is expected to provide new model notices within 30-days of enactment of the law. Subsidies only apply for Medical Coverage.

Insurance Carriers 81

Insurance Carriers Taxes Health Insurance Medical 81

GRA Benefits Group

MAY 11, 2020

We strove to create a comprehensive system to generate side-by-side comparisons, where the end-user would simply select the predefined plan and only input the carrier rates. . Our developers figured out a way to generate a rate table, which involved performing rigorous testing against carrier quotes, which we matched at 100%.

Insurance Carriers 52

Insurance Carriers Medical Insurance Health Insurance 52

Higginbotham

JUNE 7, 2022

As we have been discussing since last year through multiple webinars and compliance updates, the Transparency in Coverage Final Rules (TiC Final Rules) require group health plans and health insurance issuers to disclose on a public website detailed pricing information in three separate machine-readable files (MRFs).

Family and Medical Leave Act 52

Family and Medical Leave Act Health Insurance Insurance Carriers Insurance 52

AssuredPartners

AUGUST 5, 2021

The Laws Two federal laws that have been finalized in the last year require greater transparency regarding the cost of certain prescription drugs and medical services. The rule does not apply to Medicare, Medicaid, grandfathered health plans, standalone vision or dental plans, short-term limited duration plans, HRAs, FSAs or HSAs.

Out of Pocket Cost 69

Out of Pocket Cost Insurance Carriers Pharmaceutical Insurance 69

Corporate Synergies

MARCH 25, 2019

A benefits advocate who delivers the how and why of plan use when employees are asking for assistance helps the employer control health insurance costs. Health events tend to be emotional for employees to navigate; it’s a situation that’s rife for potential errors in judgment. As Seen In. RELATED TOPICS.

Healthcare 40

Healthcare Out of Pocket Cost Insurance Carriers Health Insurance 40

Insperity

MARCH 29, 2022

Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.

Health Insurance 92

Health Insurance Insurance Insurance Carriers Education 92

Insperity

JULY 22, 2014

Buying health insurance can be a costly endeavor. But now, because of health care reform’s individual mandate, not buying coverage isn’t an option. Most Americans must have health insurance or face a tax penalty. Purchase coverage through a state or federal health insurance marketplace. Copayments.

Health Insurance 40

Health Insurance Out of Pocket Cost Insurance Carriers Taxes 40

The Workcomp Writer

JANUARY 16, 2023

territories 2 allow, at least in some instances, the use of marijuana for medical purposes. Eleven states allow for the use of low THC, high CBD products for medical reasons. Jurisdictions Requiring Reimbursement for Medical Marijuana. 3. . §§ 26-2B-1 to 26-2B-7, et seq.), Four have ruled such reimbursement can be ordered.

Workers’ Compensation 52

Workers’ Compensation Medical Insurance Insurance Carriers 52

Vantage Circle

FEBRUARY 12, 2024

Benefits include health insurance, retirement plans, flexible work arrangements, professional development stipends, and other offerings to support well-being and life outside work. What aspects of our health benefits work well for you? What aspects of our health benefits are most frustrating or confusing?

Employee Benefits 59

Employee Benefits Family and Medical Leave Act Parental Leave Benefits Package 59

Genesis HR Solutions

AUGUST 9, 2018

Insurance types: Medical, dental, vision, disability, and life insurance plans. Tax-preferred plans: Health flexible spending accounts, health savings accounts, health reimbursement accounts, transportation accounts, and more. The most expensive benefit to offer is health insurance.

Employee Benefits 40

Employee Benefits 401(k) Health Insurance Insurance Carriers 40

Corporate Synergies

APRIL 8, 2019

There are plenty of reasons to be skeptical about the so-called benefits of PBM-carrier mergers. Consolidation in the insurance industry—integrating pharmacy benefit managers (PBMs) into carriers—is bringing change to the way employers buy health insurance and how employees and consumers use it.

Employment 40

Employment Insurance Carriers Insurance Manufacturing 40

AssuredPartners

OCTOBER 17, 2022

For fully insured plans, health insurance carriers will be responsible for making the necessary reporting from a legal standpoint. Employers who sponsor self-funded health plans should coordinate with their self-funded TPA and pharmacy benefit manager (PBM) to ensure timely reporting of the required data.

Health Insurance 98

Health Insurance Out of Pocket Cost Insurance Carriers Manufacturing 98

InterWest Insurance Services

MAY 4, 2023

Most health insurers plan to continue offering free preventative care services despite a federal judge having imposed a nationwide injunction on an Affordable Care Act requirement that these services are covered with no out-of-pocket costs on the part of patients, according to a letter by industry trade groups. Supreme Court.

Insurance 59

Insurance Out of Pocket Cost Insurance Carriers Health Insurance 59

GRA Benefits Group

NOVEMBER 24, 2020

The frustration of planning for medical bills or procedures has led to meaningful change in the industry as users have demanded transparency. Advocates have arrived in the form of third-party vendors, apps, and even insurance carriers.

Insurance Carriers 52

Insurance Carriers Healthcare Hospitality Insurance 52

Fringe Benefit Analysts

JANUARY 25, 2021

Families First Coronavirus Response Act (FFCRA) passed early in 2020 enacted a temporary Paid Leave Act (EPSL) as an extension of the Family Medical Leave Act (FMLA). The No-Surprises Act helps to prevent surprise medical bills, due to “ Balance Billing ”. Health FSA & DCAP Relief. . EPSL Extension – Now Voluntary.

Family and Medical Leave Act 40

Family and Medical Leave Act Paid Leave Health Insurance Telecommunication 40

Insperity

JANUARY 13, 2014

This ratio compression is expected to result in higher premiums for younger individuals, as insurers account for the drop in premiums for older individuals. Most small businesses should expect to see an increase in their health insurance premiums due to this age ratio compression. Early bird special? Strength in numbers.

Health Insurance 40

Health Insurance Manufacturing Insurance Carriers IT 40