Every year the Department of Labor announces a new rate for fringe benefits. That number is of the utmost importance for thousands of government contractors, as it impacts everything from…
Tag: healthcare cost
Upcoming Transparency Requirements for Health Plans
The healthcare industry is in a state of constant evolution, introducing new legislation, requirements, and standards throughout the year. On the horizon for many employers and health benefits managers are…
2021 Health Savings Account Contribution Limits & Requirements
Healthcare costs are consistently rising and employers and employees alike are looking for creative, flexible solutions to manage those costs. Health savings accounts (or HSAs) are an excellent approach to…
What Drives Healthcare Plan Costs?
Healthcare costs have been on the rise and are predicted to continue upward. While some healthcare plan costs can be managed through healthcare literacy and intentional health choices, others stem…
Self-Funded Plans and the COVID-19 Vaccine
Recently, pharmaceutical giants Pfizer and BioNTech, Moderna, and Eli Lilly and Company have each developed a promising vaccine candidate against COVID-19. Current research shows that these are at or more…
The Benefits of Workplace Wellness
Healthcare is subject to trends and fads, just as much as any industry. Lately, wellness has been an increasingly popular approach to personal health… and to employee health benefits. When…