As health insurance costs are rising at their fastest level in nearly 20 years, it's important to have a clear idea of which metrics to track to ensure you're seeing a good return on investment and...
News & Blog
Group Life Insurance: What Workers Need to Know
Voluntary group life insurance is offered to employees as an optional benefit, and often employers will pay the small premium as an employee retention tool and to provide workers some peace of mind...
Health Plans Covering Fewer Prescription Drugs, Imposing More Restrictions
As the cost of prescription drugs continues growing and pricey new pharmaceuticals add to health plans' cost burdens, some carriers are starting to reduce the number of medications they'll cover and...
Study Predicts 8% Group Health Plan Cost Increase for 2025
Health plan increases reflect the costs borne by health insurers, which are seeing more claims for care that was postponed during the COVID-19 pandemic and a steady rise in the cost of...
Addictions Are Rising Among Workers; What Employers Can Do
According to a study by the Substance Abuse and Mental Health Services Administration, 10% of America's workers are dependent on one substance or another. The nation is still battling the biggest...
Helping Your Employees Get the Most out of Their Health Plans
Every year employees across the country choose the wrong group health plan from their employer because they don't understand the coverage and what type of plan is best for their circumstances. This...
Voluntary Benefits Demand Surges as Employees Seek to Defray Costs
Sales of voluntary group benefits grew at a record pace in 2023 as more employers expand their offerings and demand continues booming as employees seek out benefits that can defray costs, according...
New Fiduciary Rule Affects Employers That Offer HSAs
The Department of Labor's new fiduciary rule, which mainly applies to 401(k) plans, will also affect employers who offer their staff health savings accounts. The new rule, which takes effect...
Gen Z Workers Go for HDHPs, but Don’t Forget Your Other Employees
While the number of U.S. workers choosing high-deductible health plans has leveled off during the last two years, uptake has been growing rapidly among one segment of the working population: Gen Z...
Addictions Are Rising Among Workers; What Employers Can Do
According to a study by the Substance Abuse and Mental Health Services Administration, 10% of America’s workers are dependent on one substance or another. The nation is still battling the biggest...
HRA Gym Cost Reimbursement? Not So Fast Says IRS
The IRS has issued a new bulletin, reminding Americans that funds in tax-advantaged medical savings accounts cannot be used to pay for general health and wellness expenses. The bulletin focuses on...
2025 HSA Contribution, HDHP Cost-Sharing Limits
The IRS has announced significantly higher health savings account contribution limits for 2025, with the amount increasing 3.6% for individual HSA plans. The IRS updates this amount annually, along...
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