disability insurance

IRS to Get Tough on ACA Reporting Form Mistakes

IRS to Get Tough on ACA Reporting Form Mistakes

The time when the IRS offers relief from financial penalties to employers that make errors on their group health insurance reporting forms has come to an end. Starting this year, the IRS will no longer offer protection against reporting error penalties when...

Employers Curtail Health Cost-Shifting to Workers

Employers Curtail Health Cost-Shifting to Workers

One of the health insurance trends that went largely unnoticed in 2021 was that employers halted cost-shifting to their employees by reducing or holding steady workers’ deductibles and other cost-sharing. That’s according to a new study by consulting firm Mercer,...

Hospital Indemnity Insurance a Key Voluntary Benefit

Hospital Indemnity Insurance a Key Voluntary Benefit

Most employers offer major medical coverage to their full-time employees. But that still leaves workers and their families with significant exposure to financial hardship in the event of a serious medical emergency.For example, even with insurance, treating a broken...

How to Coax Your Employees to Enroll in an HDHP

How to Coax Your Employees to Enroll in an HDHP

Employers looking for ways to decrease their group health insurance outlays over the past decade have been turning to high-deductible health plans as they offer lower up-front premiums. In 2021, 51% of the U.S. workforce was enrolled in one of these plans, according...

2022 Health Insurance Outlook, Changes

2022 Health Insurance Outlook, Changes

As we enter 2022, there are a number of changes on the horizon that plan sponsors need to be aware of as they will affect group health plans as well as employees enrolled in those plans. Some of the changes concern temporary rules that were implemented during the...