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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

.” — Benefits executive at a financial services company They viewed their companies as paternalist, meaning they have a responsibility to also help their workers make better health insurance decisions. Doing it incorrectly, such as not funding the accounts with enough money, could open your organization up to fines.

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8 Ways Employers and Employees Can Save On Prescription Medications

Griffin Benefits

While these higher deductibles are offset by cheaper monthly medical premiums and often by employer contributions to Health Savings Accounts (HSA), HDHP plans are nevertheless structured in such a way as to promote heightened "healthcare consumerism.". Manufacturer coupons and rebates. Product substitutions. Bulk buying.

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March HR News Worth Review

Higginbotham

First, most non-grandfathered group health plans and health insurance issuers offering non-grandfathered health insurance coverage in the individual and group markets will be required to disclose personalized price and cost-sharing information to participants, beneficiaries and enrollees (or their authorized representatives).

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“Free” COVID tests are causing headaches for employers

Business Management Daily

But the principle also applies if employees have flexible spending accounts or health savings accounts. They can’t put in for reimbursements for the test kits they otherwise get for free or are reimbursed for through their group health plan. Nor should they want to. One safe harbor, two options.