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New Law Yields Results, Prevents 9 Million Surprise Medical Bills

New Law Yields Results, Prevents 9 Million Surprise Medical Bills

As many as 9 million surprise medical bills have been prevented since January 2022 due to the impact of the No Surprises Act, according to a new report. This is the first data that indicates the law, aimed at eliminating surprise medical billing for insured patients...

The Risk Report – December 2022

The Risk Report – December 2022

Download Volume 4, Issue 12 of The Risk Report In this Edition: 2023 HSA/FSA Contribution Levels Narrow Networks Premium Reimbursement Plans New Law and Surprise Medical Bills Download the Report

Premium Reimbursement Plans Grow in Usage, Despite Drawbacks

Premium Reimbursement Plans Grow in Usage, Despite Drawbacks

More employers are opting to fund accounts that their employees can draw on to purchase their own health insurance, either on an Affordable Care Act exchange or on the open individual market, according to a new report. Individual Coverage Health Reimbursement...

Narrow Networks, Tiered Plans May Reduce Costs

Narrow Networks, Tiered Plans May Reduce Costs

Inflation, an aging workforce and people catching up on care they skipped during the COVID-19 pandemic are some of the main ingredients that will drive the cost of group health benefits over the coming years. The key for employers grappling with these higher costs is...

Is Health Plan Self-Funding Right for Your Firm?

Is Health Plan Self-Funding Right for Your Firm?

As group health costs continue climbing and more employees struggle with the cost of premiums and out-of-pocket expenses, some employers are starting to take a second look at self-funded or partially self-funded plans. These plans give employers more skin in the game,...

The Risk Report – November 2022

The Risk Report – November 2022

Download Volume 4, Issue 11 of The Risk Report In this Edition: Disengaged Enrollment Health Plan Self-Funding Getting the Most Out of Your Health Plans Cost Transparency Download the Report

How to Coax Disengaged Employees to Sign Up for Health Coverage

How to Coax Disengaged Employees to Sign Up for Health Coverage

One of the most difficult aspects of annual open enrollment is reaching workers who are disengaged from the process and never bother signing up for your group health plan and other benefits they could take advantage of. While employers shoot for maximum employee...