Tackling the Group Health Employee Premium Burden
As the labor market tightens and businesses struggle to attract new talent, many companies are starting to boost their employee benefit offerings, particularly voluntary benefits. But besides added benefit choices, what many employees want is relief from continually increasing health premiums
How a New Law Affects Group Health Plans
The newly enacted Consolidated Appropriations Act, 2021 contains a number of provisions that will affect group health plans, with most changes aimed at helping insured workers with flexible spending accounts (FSAs), cost transparency and surprise billing. Some of the provisions are
How to Distribute Group Health Plan Rebates to Your Staff
Group health plan insurers are paying out $689 million in rebates to plan sponsors this year, as required by the Affordable Care Act's "medical loss ratio" provision. The provision requires insurance companies that cover individuals and small businesses to spend at
How to Distribute Group Health Plan Rebates to your Staff
Group health plan insurers are paying out $689 million in rebates to plan sponsors this year, as required by the Affordable Care Act’s “medical loss ratio” provision. The provision requires insurance companies that cover individuals and small businesses to spend at