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IRS Loosens Preventive Care Coverage Rules

InterWest Insurance Services

New guidance issued by the IRS expands the types of preventive care benefits that high-deductible health plans are required to cover with no out-of-pocket costs on the part of plan enrollees. The changes are aimed at reducing out-of-pocket costs for diabetes-related expenses, certain cancer screenings and contraceptives.

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Who is Eligible for the Individual Coverage HRA (ICHRA)?

PeopleKeep

Group health insurance remains a popular employer-sponsored benefit in the United States. But traditional group health plans are too costly for many employers. With this type of HRA, employers can reimburse employees tax-free for their individual health insurance premiums and other qualified out-of-pocket costs.

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Are Out-of-Pocket Costs on Their Way Out? At-Home COVID-19 Testing and Expanded Preventative Healthcare for Women and Children

McDermott Will & Emery Employee Benefits

The post Are Out-of-Pocket Costs on Their Way Out? At-Home COVID-19 Testing and Expanded Preventative Healthcare for Women and Children appeared first on EMPLOYEE BENEFITS BLOG.

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What (Most) Decision-Support Tools Get Wrong

Flimp Communications

Answers are anonymous and never stored within the system, eliminating risk and potential liability for employers. Calculator tools estimate costs by multiplying units of services by applicable copay or average costs. After all, employers save money when employees save money.

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Financial Burnout in 2025: How to Address Employee Concerns

Best Money Moves

Here are the key factors driving this issue and actionable steps employers can take to provide support. Healthcare costs and employee financial burnout Many workers face especially high anxiety over healthcare costs. Employers can help by offering more comprehensive health plans that minimize out-of-pocket costs from the start.

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More Employers Add Narrow Networks to Offerings

InterWest Insurance Services

More employers are including narrow provider network insurance plans among their plan offerings to their employees to give them a lower-cost premium option. While these plans have been mainstays on Affordable Care Act marketplaces, employers have been slow to adopt them. There is no limit if your employee goes out of network.

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3 in 4 Workers Would Accept Lower-Pay for Better Benefits: Survey

InterWest Insurance Services

A new study has found three out of four U.S. The main driver in workers prioritizing benefits is the rapidly rising cost of group health insurance premiums and out-of-pocket costs, according to the study by Voya Financial.