3 Strategies for Reducing Health Benefits Costs in 2022 According to a PricewaterhouseCoopers (PwC) report, medical costs are projected to increase 6.5% in 2022. That’s why employers must think strategically
Coping With Pandemic Financial Stress Many households were stressed about their finances before the pandemic, but the past year has remained just as challenging. As a result, many Americans are
Changing Technology and Benefits Administration Variations of virtual open enrollment are among the many ways to make employee benefits adaptable. Technology doesn’t fully remove the human aspect from HR, but
Addressing the Current Talent Shortage Across almost all industries, there is a talent shortage. In fact, as of May, there were 9 million open jobs. Talent challenges spare no industry,
Highlights Medicare Part D imposes disclosure requirements on employers with group health plans that provide prescription drug coverage to Medicare-eligible individuals. Plan sponsors must provide the annual Medicare Part D
Overview The ACA requires health insurers to spend a minimum percentage of their premium dollars, or MLR, on medical care and health care quality improvement. This percentage is: 85% for
What the Coronavirus Delta Variant Means for Return-to-Work Mask Policies With a growing percentage of the U.S. population fully vaccinated against COVID-19, many localities and employers have eased mask mandates
What You Need to Know About the Biden-Harris Administration’s Actions to Prevent Surprise Billing On July 1, 2021, the Biden-Harris Administration, through the U.S. Departments of Health and Human Services
2022 Open Enrollment Checklist To prepare for open enrollment, group health plan sponsors should be aware of the legal changes affecting the design and administration of their plans for plan
Understanding The Coronavirus Delta Variant The United States is experiencing a spike in COVID-19 cases, specifically in areas with low vaccination rates. A major reason for this spike is an