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Insurance

Inflation effect: HSA contribution limits to increase in 2023

05/03/2022
The IRS has announced a significant jump in the amount employees can contribute to health savings accounts that are tied to high-deductible health plans. It’s tacit recognition from the federal government that the inflation that has rocked the economy will probably continue well into 2023.

Out-of-pocket health-care costs higher for women

03/08/2022
Employees in companies with workforces that are at least 65% female have to pay far higher health-insurance deductibles and out-of-pocket maximums than workers at male-dominated organizations.

Consider adding fertility-care coverage to health benefits

02/15/2022
In the battle to beat the labor shortage, some employers are enhancing their benefits portfolios. One newly popular offering that appeals to both recruits and current employees: fertility benefits.

Prepare for health-cost inflation, but not this year

02/08/2022
With inflation running at a 40-year high, it’s only a matter of time before higher costs start creeping into the health-care market. The Mercer consulting firm urges employers to start preparing to pay more to keep employees healthy.

Consider adding these 5 well-being benefits

02/01/2022
It’s time for employers to address the toll the pandemic is taking. As you weigh benefits to offer next open season, think about ways to help employees achieve better financial, physical, mental and emotional well-being.

Health benefits cost more in ’21, outlook uncertain for ’22

12/22/2021
The average per-employee cost of employer-sponsored health insurance jumped 6.3% in 2021 as employees resumed care after avoiding it last year due to the pandemic, according to Mercer’s 2021 National Survey of Employer-Sponsored Health Plans.

Average family health premiums rose 4% this year

11/16/2021
Annual family premiums for employer-sponsored health insurance rose 4% to average $22,221 this year, according to the 2021 Kaiser Family Foundation Employer Health Benefits Survey, released Nov. 10.

HSA distributions hit an all-time low last year

10/28/2021
The cause: the pandemic, of course.

Biz interruption insurance: Can it cover pandemic losses?

10/28/2021
So far, the answer from the courts is a resounding “no.”

Boost benefits to convince hourly workers to stay

10/26/2021
A Mercer survey found that comprehensive health and mental health insurance benefits are key to retaining low-level workers. Also valued: dental and vision coverage, access to gyms and attention to work/life balance.