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Quick Dive on MERPS: The Medical Expense Reimbursement Plan

May 16, 2022

A MERP or Medical Expense Reimbursement Plan is a type of HRA (Health Reimbursement Account) where employers can pay for a portion of employees’ healthcare costs on a tax-free basis. They’re most frequently utilized with high deductible health plans so that employers have the flexibility to tailor a plan to their needs and the needs of their employees. …

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Mental Health is Wealth, So Start Saving Up Now!

May 16, 2022

“Suck it up,” “cheer up,” “snap out of it,” “but you don’t look sick”- these are just some of the phrases that well-meaning friends and family tell loved ones struggling with mental health issues. Research shows that one in five adults struggle with mental health conditions.  Mental health struggles include depression, bipolar disorder, anxiety, schizophrenia, …

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Transparency in Coverage

May 13, 2022

Health plan price transparency helps consumers know the cost of a covered item or service before receiving care. Beginning July 1, 2022, most group health plans and issuers of group or individual health insurance will begin posting pricing information for covered items and services. This pricing information can be used by third parties, such as …

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