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What to Consider When Choosing a Health Benefits Account

By |2023-06-05T17:34:29+00:00October 31st, 2022|Blog, Employee Benefits|

According to the Kaiser Family Foundation, approximately 156,199,800 Americans receive health coverage via employer-sponsored plans.

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Rising Healthcare Costs Compel Employers to Prioritize Plan Affordability

By |2023-06-05T17:37:07+00:00October 29th, 2022|Blog, Employee Benefits|

As healthcare benefits costs continue to rise, 67% of U.S. employers are focused on cost control over the next three years. This is in response to an expected 6% increase in healthcare costs in 2023, compared to the average 5% increase this year.

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New Legislation for Reducing Premature Retirement Savings Cashouts

By |2023-06-19T19:58:13+00:00October 28th, 2022|Blog, Employee Benefits|

United States Senators Tim Scott (R-S.C.) and Sherrod Brown (D-OH) have introduced the Advancing Auto Portability Act of 2022, which would make it easier for workers to keep their retirement savings with them when they switch jobs. The bill aims to encourage the adoption of auto portability programs.

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KFF Survey Explores America’s Mental Health Crisis

By |2023-06-05T17:41:45+00:00October 26th, 2022|Blog, Employee Benefits|

Mental health is a serious concern for the majority of American adults, according to a new survey conducted by the Kaiser Family Foundation (KFF) and CNN.

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IRS Issues Final Rules for Family Coverage Affordability Determination

By |2023-06-19T20:05:55+00:00October 13th, 2022|Blog, Employee Benefits|

The IRS has issued final regulations that change the way employer-sponsored plan affordability is calculated when determining if a family is eligible for a premium tax credit (PTC) when purchasing individual health insurance through a public Exchange.

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Employers Look to Improve Health and Benefits Offerings Ahead of 2023 Open Enrollment

By |2023-06-19T20:06:53+00:00September 20th, 2022|Blog, Employee Benefits|

To attract and retain top talent, employers are increasingly offering improved health and benefits packages. A recent survey by Mercer found that more than two-thirds of employers plan to make changes to their health care and benefits offerings ahead of open enrollment for 2023.

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Fertility Treatments Could Be Affected by State Abortion Bans

By |2023-06-05T19:13:29+00:00September 17th, 2022|Blog, Employee Benefits|

In states where abortion has been banned, fertility treatments could also be affected, even if unintentionally. If the wording of the abortion bans is not careful, it could make some fertility treatments illegal and make it more difficult for people to access them.

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Virtual Physical Therapy: The Rise of Telerehabilitation

By |2023-06-05T19:15:34+00:00September 16th, 2022|Blog, Employee Benefits|

Healthcare experts predict that virtual physical therapy, or telerehabilitation, of musculoskeletal conditions will become increasingly popular and will likely comprise a significant portion of telehealth services delivered in the future.

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Final Rule Implements Ban on Surprise Medical Billing

By |2023-06-05T19:17:38+00:00September 7th, 2022|Blog, Employee Benefits|

On Aug. 19, 2022, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) jointly released a final rule implementing the ban on surprise medical billing under the No Surprises Act (NSA), which was enacted as part of the Consolidated Appropriations Act, 2021 (CAA).

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