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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

Going out of network is discouraged with high out-of-pocket costs. Preferred provider organizations – PPOs contract with hospital and provider networks to help control costs. While they will cover services outside of the network, the cost is higher than going in-network.

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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

Going out of network is discouraged with high out-of-pocket costs. Preferred provider organizations – PPOs contract with hospital and provider networks to help control costs. While they will cover services outside of the network, the cost is higher than going in-network.

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Employers Expect Higher Premiums, Little to No Cost-Shifting

InterWest Insurance Services

this year and at a faster clip in 2024 as inflation hits medical costs. ” At the same time the labor market is still very tight, requiring businesses to continue offering attractive pay and benefit packages. 24% said they would up employee cost-sharing, but by less than the projected increase.

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What is a High-Deductible Health Plan (HDHP)?

Higginbotham

Offering a high-deductible health plan as part of an employee benefits package, therefore, may be a strategic option for your organization. Employees must pay the deductible out of pocket before the plan contributes to covered care costs. Are you giving your workers the benefits they want?

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Election year impact: What’s next for employee benefits?

WEX Inc.

As we approach the 2024 United States presidential election, Chris Byrd, senior vice president, health executive and, more broadly, head of Government Affairs at WEX, joined our Benefits Buzz podcast for an insightful conversation on how election years can influence employee benefits.