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"Healthcare Reform"
When companies first set up a health reimbursement arrangement (HRA), they often wonder if there is a specific (or required) time frame for reimbursing employees’ health expenses. Likewise, employees want to know how long they have to get their health expenses paid.
As a rule of thumb, health insurance reimbursement deadlines are defined by the HRA plan documents. Continue reading
In today’s world Human Resource & Benefit Technology makes an employee benefit package more accessible to this new generation of workers. We all know the system between payroll and employees electing benefits is broken. In the past, stacks of books and colorful brochures were handed out at open Enrollment meetings and most of the literature went right in the trash when the employee got home. Only large corporations would even consider setting up self-service portals for their employees for integration which also had an expensive monthly premium. Now companies with only a handful of workers can take full advantage of employee portal technology. Continue reading
Rather than offer a traditional group health insurance policy, an increasing number of small businesses want to know whether they can reimburse their employees’ individual health insurance. They also want to know whether such an arrangement is taxable.
Under IRS rules, small businesses can reimburse employees for their health insurance in a tax-advantaged way. The most prominent vehicle for doing so is the health reimbursement arrangement (HRA). Continue reading
There are many advantages to running your own business: being your own boss, setting and achieving lifelong goals, doing what you love. This is probably why more than 27 million Americans have decided to become entrepreneurs. But as exciting as it can be to start your own small business, you’ll also face many challenges.
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Whether a business is large or small, business owners know that the best way to hire and keep top talent is by offering the benefits employees want most. Research shows that today’s workers place a high value on company-provided health benefits: 82 percent say health insurance is “very” or “extremely important” when choosing to stay with their current company versus search for a new job. Continue reading
Big corporations — giant retailers and health insurance companies — are teaming up to become your doctor.
Is the doctor in?
In this new medical age of urgent care centers and retail clinics, that’s not a simple question. Nor does it have a simple answer, as primary care doctors become increasingly scarce.Big corporations — giant retailers and health insurance companies — are teaming up to become your doctor.
Is the doctor in?
In this new medical age of urgent care centers and retail clinics, that’s not a simple question. Nor does it have a simple answer, as primary care doctors become increasingly scarce. Continue reading
WASHINGTON — The United States Surgeon General, Dr. Jerome M. Adams, issued a national advisory Thursday urging more Americans to keep on hand and learn how to use the drug naloxone, which can save the lives of people overdosing on opioids. Naloxone has already revived thousands of overdose victims as the opioid epidemic has intensified, but rescue workers have usually been the ones to administer it. Continue reading
WASHINGTON — The Trump administration said on Tuesday that 11.8 million people had signed up for health insurance through the Affordable Care Act marketplaces for 2018 — roughly 400,000 fewer than last year. The drop was relatively small, given that Mr. Trump had sharply cut federal outreach efforts and the open enrollment period was half as long as in past years. Continue reading
