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Health Insurance Outlook and Changes for 2022

WEBAs 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 …

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URL: https://coremarkins.com/health-insurance-outlook-and-changes-for-2022/

Group Health Plan Affordability Level Cut Significantly for 2024

WEBThe IRS has significantly reduced the group plan affordability threshold — which is used to determine if an employer’s lowest-premium health plan meets the …

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Rules Allowing Mid-Year Health Plan, FSA Changes Will Sunset

WEBAugust 12. 2021. A temporary rule that allowed covered employees to make mid-year election changes to their health plans and revisit how much they set aside into their …

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Stop-Loss Insurance Rates Escalate as Catastrophic Claims Grow

WEBDepending on deductible sizes, the average cost of stop-loss insurance increased anywhere from 7% to 18% between 2021 and 2023, according to the “2023 …

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Trends Shaping Health Insurance and Health Care in 2020

WEBAs a new decade begins, the health insurance industry is on the cusp of making a leap towards improved, higher-tech management of health plan participants.

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5 Reasons Healthcare Costs Are on the Rise

WEBIt’s not your imagination. Healthcare is expensive and costs continue to rise. According to the Journal of the American Medical Association, costs increased by …

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The Delicate Subject of Cash in Lieu of Coverage

WEBIt is legal to offer employees cash in lieu of health plan benefits, but it has to be done appropriately through a cafeteria plan that includes a “cash-in-lieu” agreement. …

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New Issues for 2022 Group Plan Open Enrollment

WEBEmployers are entering the second year of open enrollment taking place during the COVID-19 pandemic, which is still having an outsized impact on the process …

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More Employers Offering Deductible-Free Plans

WEBAs more Americans struggle with medical costs and rising out-of-pocket expenses, more employers are starting to offer deductible-free plans, according to a new …

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The Importance of Vision and Dental Coverage

WEBThere is an added benefit of regular dental and health exams: They can detect the early stages of other health issues that may be building up without your …

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Employers Expect Higher Premiums, Little to No Cost-Shifting

WEBEmployers Expect Higher Premiums, Little to No Cost-Shifting. July 26. 2023. Employers who were surveyed for a new report expected that group health insurance …

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Crackdown on Employers Who Shunt Employees onto Medicare

WEBCompanies with 20 or more employees may not encourage covered employees and/or dependents to make this change in coverage. The fine for …

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Staffing Agency and Temp Workers and Your ACA Obligations

WEBJanuary 22. 2016. If you use a staffing agency or temp workers, there is an added complexity to how you calculate your employees for the sake of the Affordable Care Act …

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Breaking News: POTUS Signs Executive Order on Healthcare

WEBThis morning, President Trump signed an Executive Order intended to improve access, increase choices and lower costs for healthcare. Below is a brief …

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Getting around the Question of Spousal Coverage

WEBYour employee signs a statement certifying that his or her spouse is ineligible for other employer-sponsored coverage. • Certification from the spouse’s employer. …

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Employers Rethink HDHPs as More People Struggle with Medical …

WEBAs the number of employers offering high-deductible health plans continues growing, the spotlight recently has highlighted an inconvenient truth: some employees …

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