January 3, 2023
Congress passed an omnibus government funding bill at the end of 2022 titled the Consolidated Appropriations Act of 2023 to avoid a shutdown. One of the provisions affects HSA telehealth services by again extending HSA relief to consumers with High Deductible Health Plans (HDHPs). Consumers can receive first-dollar telehealth and remote care services and not …
December 13, 2022
Late last year, the new Broker Compensation Disclosure law went into effect to add transparency to the broker/client relationship. It’s part of the 2021 Consolidated Appropriations Act, which included the No Surprises Act, among many other things. What is the Broker Compensation Disclosure? The CAA requires brokers and consultants who provide employee benefits services to disclose their …
November 28, 2022
California has enacted a number of new laws on employers and how they run their workplaces. Most of those listed below take effect on January 1, 2023. This list is by no means exhaustive, so check with your labor counsel for a full perspective on the ramifications for your business. If you have questions for …
November 14, 2022
Kaiser Family Foundation (No affiliation with Kaiser Permanente) released its 24th annual survey of trends in employer-sponsored coverage. This survey is a great resource for benefits and financial professionals to better understand what’s happening in the employee benefits space, particularly among premiums, employee contributions, cost-sharing provisions, offer rates, wellness programs, and employer practices. Increased cost …
October 31, 2022
Employer health insurance costs are rising, and employees at small companies bear a greater burden than their counterparts at large employers, according to the 2022 KFF Employer Health Benefits survey. On average, employees at small companies pay $2,000 more for family coverage and face deductibles that are $1,000 higher. This report highlights the disparities in …
October 4, 2022
Primary care is a hot topic today in employee benefits and the broader healthcare space. Let’s start by defining Primary Care as when an employee has a relationship with a team of medical providers to access urgent care, chronic care, preventative care, and more. The reason primary care is in the news today is that …
September 27, 2022
As most of you are aware, there is a large labor shortage in our market due to the pandemic and many other situations. When you look at the different industries; transportation, manufacturing, education, health care, and social assistance have been impacted the most and have the largest amount of job openings. On average these industries …
August 10, 2022
Serena Williams’ “Evolution” from Tennis Serena Williams is a GOAT and she announced this week she’s ‘evolving’ from tennis i.e. retiring. She launched Serena Ventures a while back and has now been syndicating a fund to fund projects led by women and POC. What got her started in this space? She heard at a conference …
August 2, 2022
RIP Bill Russell It’s unfathomable to think this guy won 11 NBA titles and seemed as good a person off the court as he was a player on it. But this note about the racism he experienced while he was playing (and winning) in Boston is sobering to read. This stuff never went away, it’s …
July 26, 2022
(credit: Nikhil Krishnan @nikillinit) Amazon buys One Medical: This was the big healthcare news last week and people have a bunch of takes around “What this means for healthcare” etc. like ones from Nikhil (including the image above) and Lizzy Lawrence for Protocol. My friend Alyssa Alsheimer (@alyssaalsh) made the point that Amazon has owned …
