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Tariffs and Health Benefits: The Hidden Cost Employers May Not Be Able To Ignore

CorpStrat

That cost wont likely stay with the manufacturers it will most likely get passed down to hospitals, doctors, and ultimately, to payors: Medicare, Medicaid, self-funded employers and your insurance carrier. Rising premiums, higher deductibles, and tighter networks. And then the patient. The possible result?

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Employers ‘Unwavering’ in Providing Group Health Benefits: Research

InterWest Insurance Services

” — Benefits executive at a manufacturing firm They didn’t want to be the first to jump out and completely disrupt their group health benefits offerings. “It would make workers feel like you were cutting and running.” “A big part was trepidation. Nobody wanted to be first.”

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Managing Your Corporate Vehicle Exposure

InterWest Insurance Services

Require that they maintain the vehicle according to the manufacturer’s maintenance schedule. That in turn will help you determine how much risk you want to retain (the size of your deductible) and how much you want to transfer to the insurance company. Require that they report all traffic violations and accidents.

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New Approaches to Managing Health Care Costs, Improving Outcomes

InterWest Insurance Services

This process, called steerage, if executed correctly can save the employee money on their deductibles, copays and coinsurance and help them get better overall care. For standard services, this steerage can help your employees see immediate savings on small payments. Depending on the PBM, this may or may not work.

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8 Ways Employers and Employees Can Save On Prescription Medications

Griffin Benefits

With over half of today's workforce enrolled in high-deductible health plans (51%), a majority of insured individuals are now on the hook for deductibles of at least $1,400. In doing so, you'll be helping them to become better consumers of healthcare and more satisfied enrollees in high deductible health plans. Pill-splitting.

Medical 52
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Buyer’s guide to car salary sacrifice schemes

Employee Benefits

Employers can also benefit from the NI savings made by deducting employees’ car payments from their salary. More electric vehicles are being launched every week and new electric manufacturers are entering the UK for the first time. Are there any tax or legal implications?

Salary 98
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How much is my drug copay?

CorpStrat

But what we are seeing is the single greatest disruption in health care from Mark Cuban: They buy medications directly from manufacturers and add a flat 15% markup plus a small pharmacist fee. Even with these new options, navigating insurance coverage can still feel like solving a Rubik’s cube blindfolded.