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
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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
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...
Total Control Health Plans Spreads Holiday Cheer at Parade of Lights
That time of year is fast approaching and TCHP is excited to celebrate and spread some Christmas cheer. Tuesday night, Total Control Health Plans participated in Holland, Michigan's annual Parade of Lights. There were many exciting guests for the celebration including...
Many Injured Workers Feel Unsupported, Frustrated by Claims Process
A recent study has found that injured workers are often left feeling frustrated and fending for themselves after they file a workers' compensation claim. The survey of injured workers by researchers at the University of Waterloo in Ontario, Canada found that workers...
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
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
Why Trucking Companies Uniquely Benefit from Self-Insured Health Plans
While all companies could use more control, there are a few industries that particularly benefit from rethinking their approach to health insurance. One of these is the trucking industry. With a background in the skilled trades and trucking industry, our business manager Mike Lutz understands deeply the healthcare struggles many trucking companies face.
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...
Employees and Employers Save with Cafeteria Plans
As health care costs continue rising and employees are being asked to shoulder more of the expense burden, you can help them by offering a tax-advantaged plan that allows them to save for medical expenses. These cafeteria plans, which are governed by Section 125 of...