October 28, 2021
Health plan costs are a burden on employers and employees. Health insurance premiums and cost-sharing are increasing faster than the median employee wage, with no end in sight. And as PwC’s health cost trend finds, we are expecting health costs to double every 10 years. With this environment, employers look to their benefits consultants for …
October 20, 2021
Surprise medical bills have received a good amount of attention recently and for good reason. Sarah Kliff, a health policy reporter for the New York Times, has written extensively on this topic recently. Surprise medical bills cost Americans millions each year. After years of debate, Congress is now set to ban most of them. https://t.co/3eoeez9Ina …
October 13, 2021
Starting in the early 2000’s, carriers began offering HSA-compatible health plans, known as High Deductible Health Plans, or HDHPs. These plans proliferated throughout the market because the premiums paid by employers were dramatically lower, and in many cases, the employer would also contribute to the HSA for each employee. Between 2007 and 2018, enrollment of people under …
October 6, 2021
As companies continue to feel the pressure from increasing costs of employee benefit plans and healthcare costs, they need solutions. Their employees, who face greater and greater cost-sharing requirements like deductibles and co-pays, also need relief. One healthcare strategy that has received increasing attention over the years is Value-Based Care. It can take the form of Accountable …
