Industry News

2025 HSA Contribution, HDHP Cost-Sharing Limits

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 with minimum deductibles as well as the out-of-pocket maximums for...

Interest in Health Premium Reimbursement Accounts Grows

Interest in Health Premium Reimbursement Accounts Grows

Employer adoption of specialized accounts that they fund to help reimburse employees when they buy health insurance on their own is surging in 2024. The number of employers who offer individual coverage health reimbursement accounts (ICHRAs) grew 30% in 2024 from the...

Four Admin Errors That Can Make Employers Overpay for Coverage

Four Admin Errors That Can Make Employers Overpay for Coverage

One often overlooked cost driver to your employee benefits plans is administrative errors and oversights that are the result of sloppy record-keeping and a lack of checks and balances among your account and human resources teams. If you are not diligent in keeping up...

Study Pegs Group Benefits Return on Investment at 47%

Study Pegs Group Benefits Return on Investment at 47%

A recent study has found that employers who offer health insurance coverage to their staff had an average return on investment (ROI) of 47%, meaning that for every $1 an employer spends, it will receive $1.47 in benefits. The analysis by Avalare, a wellness plan...

Pregnant Workers Fairness Act Final Rules – What To Know

Pregnant Workers Fairness Act Final Rules – What To Know

The Equal Employment Opportunity Commission has published a Pregnant Workers Fairness Act final rule that will give new protections akin to disability accommodation under the Americans with Disabilities Act to pregnant workers and those who have recently given birth....

Cutting Through the Alphabet Soup of Dental Insurance Plans

Cutting Through the Alphabet Soup of Dental Insurance Plans

When you look at the dental options for your employer-sponsored health plan, or if you're just looking at the options available on the market, you may encounter the acronyms DMO and PPO (also known as a PDN), as well as indemnity plan, in the marketing literature....

Employee Mental Health Leave Requests Skyrocketing

Employee Mental Health Leave Requests Skyrocketing

If you've noticed a lot of employees asking for time off for a "mental health day," you aren't alone. A recent study found that the number of mental health leave-of-absence requests has grown by a third since the COVID-19 pandemic. And, data from ComPsych, a provider...

Employers Push Preventive Care to Affect Costs, Staff Health

Employers Push Preventive Care to Affect Costs, Staff Health

Chronic conditions and overall poor health are a key cost-driver of health care costs, which is hitting the pocketbooks of both individuals and employers. There are a number of factors that are driving this, including poor lifestyle choices, poor diets, lack of...

The Beacon – April 29, 2024

The Beacon – April 29, 2024

MZQ Beacon Alert - April 29, 2024 In this Edition: "The Consolidated Appropriations Act of 2021 established a new data collection requirement for employers ofall sizes and funding structures, where such entities must now submit annual prescription drug data...

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Total Control Health Plans

(616) 344-6606
148 S River Ave Ste 300, Holland, MI 49423

Total Control Health Plans

(616) 344-6606
148 S River Ave Ste 300, Holland, MI 49423