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Indirect Costs

InterWest Insurance Services

The only information needed is your Total Incurred Amount of Claims. This is your best estimate of what your insurance carrier paid in insurance claims last year, plus any deductibles and out-of-pocket expenses. Quantify Your Financial Leakage. InterWest offers a free, easy-to-use Financial Leakage Calculator.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

HDHP telehealth services — The CARES Act, signed into law in 2020 after the pandemic started, temporarily allowed high-deductible health plans to pay for telehealth services before an enrollee had met their deductible. 1, 2022, HDHPs must charge enrollees for telehealth services if they have not yet met their deductible. .

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Best practices to avoid receipt requests

Benefit Resource Inc.

To review, an IIAS merchant has an Inventory Information Approval System (IIAS) that automatically identifies eligible medical expenses. Confirm enrollment in a health plan To receive automatic approval for co-pays, certain co-insurance, and deductible expenses, make sure your employer has reported you as enrolled in the company health plan.

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Illness or Injury: How Your Business Can Protect Your Employees

InterWest Insurance Services

Tax-deductible premiums. Advantages of group disability insurance to the worker include the following: Affordability. The employer reports income information to the disability insurance carrier. Taxation of disability insurance. Easy, streamlined administration. List billing.

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Popular virtual care options for today’s workforce

Insperity

There are many wellness app options available, focused on activities such as: Meditating and performing other relaxation techniques Setting and tracking fitness goals Obtaining nutrition information Meal planning Speaking with a coach 5.

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How Your Employees Can Get Free COVID Test Kits

InterWest Insurance Services

Under an executive order issued by President Biden, employees in a group health plan are eligible to receive COVID-19 at-home test kits with no cost-sharing, copay, coinsurance or deductible. With that in mind, you may want to disseminate information to them about how they can be reimbursed by their insurer for COVID-19 tests they purchase.

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How to lower employee stress about health insurance

Insperity

Not having a clear understanding of what their health insurance plan covers until they find themselves at the doctor’s office or hospital isn’t ideal. You give your employees an advantage when you inform and empower them to make prudent decisions regarding coverage and treatment options. Make information available 24/7.