by Wendy Feldbauer | Mar 28, 2023 | Healthcare, HR Policies
The American Benefits Council Calls on Congress to Focus on 4 Key Health Policy Priorities Lawmakers should take “bold steps” to strengthen employer plans, reduce costs, promote telehealth and combat the mental health crisis, wrote the American Benefits Council.1 As a...
by Brennan Carpenter | Dec 15, 2022 | Benefits, Healthcare
As healthcare costs rise, companies seek better benefit options for their employees. Referenced-based pricing (RBP) is an excellent solution. What is RBP? Referenced-based pricing helps you pay a fair price for any healthcare service. Hospitals are notorious for...
by Wendy Feldbauer | Nov 3, 2022 | Healthcare
Employer-sponsored health insurance premiums for families and individuals increased slightly this year from 2021 – but that is changing in 2023. One consideration for this impending increase is that employer costs for this year were largely set last year before...
by Wendy Feldbauer | Oct 20, 2022 | Healthcare
Employer-sponsored health plans will likely see premiums increase by an average of 6.5% in 2023.1 Some believe it is the shortage of healthcare worker and the need to offer more to recruit hard-to-find professionals, other attribute it to cost increases for supplies...
by Brennan Carpenter | Oct 6, 2022 | Benefits, Financial Wellness, Healthcare, HR Trends, Workplace Culture
Medical debt keeps some Americans from paying their mortgages, vehicles, and groceries. Even those with medical insurance are struggling, especially those with high deductible plans. According to JAMA Medical Network news, data from the Surveys of Income and Program...
by Wendy Feldbauer | Aug 25, 2022 | Healthcare
Employers are increasingly considering self-funding to save on medical costs. Self-funding can help employers spend money in a more cost-effective way and serve their population with specific benefits their employees will actually use. The cost of health insurance is...