Best Money Moves

JUNE 1, 2022

Health care costs can often drag behind increases in consumer prices, so employees may face an increase in costs that will last throughout this year and next. According to the Kaiser Family Foundation, 46% of employees reported that they have less than $1,000 in out-of-pocket costs for any unexpected hospital/doctor visit.

401(k) 115

401(k) Out of Pocket Cost Benefits Package Finance 115

Fringe Benefit Analysts

AUGUST 15, 2023

Deciding if the cost of dental insurance is worth it requires considering how much you may spend annually on dental services. Participation in a dental plan provides a low-cost way for employers to provide a more robust book of benefits to their employees. was $128.75 per person.

Insurance 98

Insurance IT Out of Pocket Cost Health Insurance 98

Higginbotham

JULY 12, 2022

Even with health insurance, dental insurance and vision insurance, employees tend to end up with some out-of-pocket costs that aren’t covered by their various plans. A benefit reimbursement plan offers a way to cover these costs. Learn more about our employee benefits services.

Out of Pocket Cost 52

Out of Pocket Cost Flexible Spending Account Medical Deductions 52

Higginbotham

MARCH 28, 2023

According to the Association for Accessible Medicines, the health care system saved $338 billion in 2020 by using generic and biosimilar drugs. Encourage employees to use their benefits. Employees often have no out-of-pocket costs for preventative care. The cost of prescription medications and care can vary widely.

Health Insurance 52

Health Insurance Employment Management Out of Pocket Cost 52