InterWest Insurance Services
FEBRUARY 20, 2024
As health insurance costs have risen, more employers have started offering their employees this option as the upfront premiums are often lower than with other plans. HSAs are tax-advantaged accounts that allow enrollees to save up to pay qualified medical expenses.
InterWest Insurance Services
MARCH 4, 2022
As rising health insurance premiums and out-of-pocket costs for health care are burdening workers, more employers are looking for ways to help their staff put aside money for those expenses. Employers fund these accounts, which reimburse your staff for qualified medical expenses and, in some cases, insurance premiums.
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Benefit Resource Inc.
OCTOBER 17, 2023
This new platform helps protect cardholders’ medical data and monitors their medical claims for potential errors, fraud, and overbilling. Data privacy and healthcare costs are top-of-mind issues for consumers. HealthLock monitors medical breach databases and alerts a member anytime it detects a breach at one of their providers.
Stratus.HR
JUNE 11, 2021
Considering they have lower premiums and provide the ability to use pre-tax dollars to pay for out-of-pocket costs, what’s not to love? Well, there’s a flipside of HDHPs and HSAs that includes a higher deductible and added out-of-pocket costs. So how do you know if this is the right plan for you?
HR Professionals Magazine
NOVEMBER 1, 2023
Because each covered procedure and each medical provider in a network will have their own negotiated arrangement, these files can be massive. for, and your plan might be paying $1,500.00, for the same procedure performed by the same medical provider at the same facility. The short version: the buck has been passed to you. Not so much.
InterWest Insurance Services
MAY 18, 2023
” HDHP enrollees enjoy lower up-front premium costs in exchange for higher potential out-of-pocket costs for copays, coinsurance and deductibles, and high health care users may experience significant outlays not covered by insurance. If enrolled three or more years, 55% were satisfied.
The Workcomp Writer
MARCH 20, 2023
In both decisions, the majority indicated that such reimbursement requirement was unencumbered by language in Section 2102 of the MMA stating that nothing in the MMA should be construed to require an insurer or a health plan to provide coverage for medical marijuana. Sheets received medical treatment that included two back surgeries.
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