by Wendy Feldbauer | Sep 22, 2022 | HR Legislation
ERISA, or the Employee Retirement Income Security Act, aims to set standards for retirement and health plans and prevent potential abuse. Under ERISA, an audit of these plans must be done yearly by an “independent qualified public accountant.3” The Department of Labor...
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...
by Wendy Feldbauer | Jul 28, 2022 | Benefits, Healthcare
According to recent surveys, employers in the U.S. expect their group health plan premiums to increase between 4.7 percent and 5.2 percent in 2022. Many health insurers also expect overall costs for health claims rise given recent inflation numbers.1 Consumers are...
