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The Employee Healthcare Crisis: This is How To Help

Best Money Moves

American families are in the midst of a healthcare crisis and employer-sponsored health insurance can’t keep up. Even with support from employee health insurance programs, millions of American families cannot afford the full care they need. copay or deductible). Managing healthcare costs isn’t easy.

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How to Cut Health Care Costs

Money Talk

One category is health care, which takes a big chunk out of family budgets. This includes expenses for health insurance as well as deductibles, copayments, and coinsurance when medical bills occur. In 2018, the average American household spent almost $5,000 per person on health care.

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Do Health Insurance Deductibles Carry Over? | BerniePortal

BerniePortal

When an organization renews health plans in the middle of the year, employees might worry that their deductible will reset. It’s an understandable worry; if they’re close to meeting their deductible and have to start all over again, it could impact their medical decisions and their financial health.

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Fully Insured vs Self-Insured vs Level-Funded: What Does It All Mean To The Small Employer?

Fringe Benefit Analysts

 Small employers looking for ways to control their group health insurance costs are more closely examining what it means to be “ fully insured.” What Is a Fully Insured Health Plan? Fully insured” is what most people mean by “ insurance ” or group health insurance. What Is Pooling?

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Most Workers Make Bad Health Insurance Decisions

InterWest Insurance Services

Even though the majority of workers receive health insurance coverage on the job, a new survey has found that many of them understand surprisingly little about their health plans and are leaving money on the table. Most health plans do not cover out-of-network care. Despite that, 23% chose the higher premium plan anyway.

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Gen Z, Millennials Grow Disillusioned with Their Health Insurance

InterWest Insurance Services

Surprise bills and billing errors are driving growing dissatisfaction among Millennials and Gen Zers with their health insurance, a new study has found. Already facing outsized medical cost hits, an increase in billing mistakes and surprise bills is contributing to a dim view of health insurance among Millennials and Gen Zers.

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More Employers Cover Weight-Loss Drugs: Survey

InterWest Insurance Services

But, while health plans will generally cover these medications for diabetes, not as many do for weight loss. The survey found that 44% of employers with 500 or more workers cover weight-loss drugs like Wegovy and Zepbound, as well as older medications in the same class like Saxenda (made by Novo Nordisk).