How Much Does Health Insurance Cost on Average?
Take It Personel-ly
AUGUST 13, 2020
You can never control when you or your family gets injured or sick; however, with health insurance, you can control the health services that you get.
21 Financial Events and Trends During 2021
Money Talk
DECEMBER 29, 2021
Below is a written summary of these financial milestones and their impact on family finances. Insurance- COBRA premium assistance for health insurance was provided under the American Rescue Plan Act and Medicaid enrollment surpassed 80 million. Both Social Security and Medicare face long-term financing shortfalls.
Finance 
363
363 Join 46,000+
Insiders
Sign Up for our Newsletter
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Webinars
Understanding Group Medicare for an Aging Workforce: Key Considerations for HR Leaders
More Than a Benefit: Group Medicare and the Psychology of Retirement
Trending Sources
Financial Concerns of Older Adults
Money Talk
MARCH 31, 2022
Last fall, I participated in a group discussion among personal finance content creators (e.g., Personal finance messages need to be customized for specific older adult audiences. Older adults worry about health care costs and how much their health insurance will cover. Our topic: financial concerns of older adults.
Health Insurance 189
189 
How to lower employee stress about health insurance
Insperity
MARCH 29, 2022
Health insurance is often the biggest-ticket item in any company’s benefits package, and the cost of health insurance rises on average each year , historically. Companies spend a lot of money, time and effort to make their benefits competitive and provide quality group health insurance plans to employees.
Health Insurance 101
101 
Financial Planning Tips for Self-Employed Older Adults
Money Talk
JULY 25, 2024
It is also easier to keep personal and business finances separate by maintaining dedicated bank accounts and credit cards for business transactions. Stick to a Schedule - Invoicing clients promptly and following up on overdue payments can maintain healthy cash flow and avoid disruptions to personal finances. of net business income.
Employment 162
162 
Can Farmers Ever Afford to Retire?
Money Talk
APRIL 20, 2023
health insurance). This post provides general personal finance or consumer decision-making information and does not address all the variables that apply to an individual’s unique situation. Off-Farm Job Employer Benefits - These include a defined benefit pension, an employer retirement savings plan (e.g.,
401(k) 246
246 
Ten Benefits of Self-Employment in Later Life
Money Talk
OCTOBER 11, 2023
Tax Write Off for Health Insurance - On line 17 of Schedule 2, self-employed workers can take an “above the line” deduction for health insurance, which lowers their AGI. The researchers concluded there are substantial health and well-being benefits to self-employment.
Employment 215
215 
10 Best Benefits Administration Software in 2023
HR Lineup
OCTOBER 18, 2023
This software is a comprehensive platform that allows HR professionals, benefits managers, and employees to efficiently manage, access, and make decisions regarding benefits such as health insurance, retirement plans, leave policies, and more. It offers automated benefits administration, including health insurance and retirement plans.
Software 246
246 
It’s Time for a Mid-Year Financial Check-Up
Money Talk
JUNE 29, 2022
Last year, I wrote a blog post about mid-year financial check-up s for the OneOp Personal Finance team. This post describes eight more areas of personal finance for a mid-year review: ¨ Expense Projection Analysis - Now is the time to “do the math” for expenses anticipated in late summer or fall.
401(k) 189
189 
TO START FIXING HEALTH CARE LET’S START WITH SOME TRUTHS (My Ideas)
Joe Markland
APRIL 23, 2021
Our chaotic pricing of health care is caused by our financing model. Our health care financing system is the cause of escalating health care cost. Fix health care financing and you will reduce health care costs. The insurance industry thinks it is the other way around.
Health Insurance 130
130 
10 Best Recruiting Hacks To Find The Best Job Candidates in 2023
HR Lineup
MARCH 9, 2023
There are job boards for specific industries, such as healthcare, technology, and finance. This includes not only salary but also benefits such as health insurance, retirement plans, and vacation time. Use Niche Job Boards Niche job boards are an excellent resource for finding specialized talent.
Recruitment 246
246 Cutting Costs? 5 Employee Benefits You Should Never Cut Back On
Achievers
MAY 14, 2019
During the lean periods when finances are stretched too tight, and you need a quick solution, employee benefits are often first on the chopping block. While paring down employee health insurance benefits can seem like an immediate money-saver, this is actually one of the quickest ways to lose your team’s dedication.
Auto Insurance: Strategies to Save
Money Talk
NOVEMBER 15, 2022
An example is coverage for auto-related medical expenses if you have a good comprehensive health insurance policy. Otherwise, an injured passenger without health insurance may have to sue you for negligence to get coverage under your liability. However, if you drive at lot of non-family members around (e.g.,
Insurance 182
182 
Health Insurance for Expats in Thailand
Global People Strategist
JUNE 8, 2022
Public health. Private health insurance. Thai Public Health. Expats working in Thailand have to sign up for the public health program part of the Universal Coverage Scheme. That is, if you are an ex-pat employed in Thailand, you will have to register for the UCS, which will be financed by 5% of your monthly salary.
March 28, 2024 – Health Insurance Captives and Cost-Containment Initiatives
InterWest Insurance Services
JANUARY 30, 2024
WHEN: March 28, 2024 10:00 am – 11:30 am WHO SHOULD ATTEND: Business Owners, HR Professionals, CFOs, Finance Professionals JOIN US TO LEARN MORE: The benefits market is in a perpetual state of flux, and this year is no exception.
Twelve Tax Planning Topics for 2022
Money Talk
APRIL 14, 2022
If so, save those receipts for health insurance premiums and copays. This post provides general personal finance information and does not address all the variables that apply to an individual’s unique situation. State Income Tax Check-Up - State tax rules can vary from federal tax rules.
Taxes 189
189 
NFP Employee Benefits
HR Lineup
FEBRUARY 14, 2023
They offer a wide range of services, including group health insurance, dental and vision coverage, life insurance, short- and long-term disability insurance, flexible spending accounts, and more. NFP’s financial wellness services are designed to help employees manage their finances and reach their financial goals.
Employee Benefits Providers: What Employers Need to Know
Empuls
AUGUST 28, 2024
These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs. What are the top 5 types of employee benefits?
3 in 4 Workers Would Accept Lower-Pay for Better Benefits: Survey
InterWest Insurance Services
OCTOBER 17, 2024
workers would accept a job with a slightly lower salary if it offered better health care and medical coverage. 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.
Only 28% of employees feel employers are supporting their financial wellbeing
Employee Benefits
JUNE 28, 2024
Half (54%) would prefer employers invest more in health insurance, while 43% would like more on retirement plans. Two-thirds (65%) of Millennials feel completely in control of their finances, compared to 54% of Gen X and Y, 38% of Boomers and 33% of Gen Z.
Top 10 HR Accounting Software in 2023
HR Lineup
OCTOBER 30, 2023
HR Accounting Software is a comprehensive software solution that integrates HR and finance functions within an organization. The integration of Xero with HR solutions provides businesses with a holistic view of their workforce and finances. What is HR Accounting Software? 10 Best HR Accounting Software for 2023 1.
Software 130
130 
The 3 Best Benefits for a Multigenerational Workforce
Best Money Moves
AUGUST 18, 2021
Accessible and comprehensive health benefits. Over half of all Americans receive health insurance from their employers, according to 2019 census data. So it’s not surprising that in a 2020 survey of 2000 multigenerational participants, dental and vision insurance topped the list of most wanted Employee Benefits.
Health Insurance 111
111 
Voluntary Benefits Demand Surges as Employees Seek to Defray Costs
InterWest Insurance Services
JULY 18, 2024
Critical illness insurance premiums were up 7%. Accident insurance rose 4%. The biggest driver: personal finances One of the main drivers of this surge in employee uptake of voluntary benefits is that they can often defray expensive and sudden expenses. Hospital indemnity premiums were 6% higher. Dental coverage was up 5%.
Financial Implications of Working in Later Life
Money Talk
AUGUST 16, 2023
Employer Benefits - Workers age 65+ at large companies can still be covered by group health insurance, thereby postponing Medicare premiums. This post provides general personal finance or consumer decision-making information and does not address all the variables that apply to an individual’s unique situation.
Taxes 130
130 
OnPay
HR Lineup
JANUARY 9, 2023
It also integrates with popular accounting software such as QuickBooks, making it easy to track payroll expenses and manage finances. OnPay also offers a range of benefits for employees, including access to a 401(k) retirement plan and a range of health insurance options. Another key benefits of using OnPay is its ease of use.
401(k) 130
130 
5 Benefits to Help Employees Cope with Inflation
Best Money Moves
JUNE 1, 2022
According to BenefitsPro, 82% of HR executives are concerned that their employees’ personal finance issues affect workplace productivity. . A strategy for employers to signal to employees that their needs are being cared for is by increasing health care benefits. Comprehensive Financial Benefit Packages.
401(k) 115
115 
Popular virtual care options for today’s workforce
Insperity
JANUARY 24, 2023
If employees can better manage their health and avoid using urgent care centers and ERs unless necessary, it can help businesses better control benefits costs. This is especially important as a potential economic downturn looms and businesses evaluate their finances. Businesses often struggle to contain benefits costs.
How Much Does Financial Illiteracy Cost Your Team?
Best Money Moves
APRIL 12, 2023
Financial illiteracy refers to a person’s lack of understanding about personal finance and related concepts. Employees make some of their most important financial decisions in the workplace, whether they are beginning a retirement plan or choosing a health insurance provider. What is financial illiteracy?
Finance 116
116 
Organizations: Use Online Forms to Capture Valuable Data
HR Bartender
APRIL 27, 2021
For example, the finance department doesn’t want to make a decision about spending without looking at the financials. They even have Health Insurance Portability and Accountability Act (HIPAA) and COVID related forms like medical information forms, HIPAA authorizations and privacy notices, COVID self-screening questionnaires, etc.
Recruitment 157
157 
How Small Businesses Can Develop a Financial Wellness Strategy
Best Money Moves
FEBRUARY 7, 2024
Some benefits, such as health insurance, workers’ comp and social security are required by law. According to a Pew Research Center study, in 2021, 43% of workers who quit their jobs left due to lack of benefits flexibility, including poor health insurance and mediocre paid time off.
Health Insurance 105
105 
Subecca Sheikh: How can employers support staff going through a divorce?
Employee Benefits
MAY 24, 2023
The idea behind it was to pave the way for amicable collaboration, easing negotiations and overall reducing the mental health impact of divorce. Businesses that offer private health insurance to employees may want to consider extending this to include mental health support. However, it has not had 100% the desired effect.
Employment 98
98 
Importance of Educating Gen Z Workers on Benefits
InterWest Insurance Services
JULY 20, 2022
To help these new recruits get the most out of the benefits you offer, you can start by focusing on the following: School them on health insurance. To many new Gen Z recruits, signing up for health insurance and actually using their benefits is a foreign concept. Financial wellness. Most students in the U.S.
Education 98
98 
5 Must Have Employee Benefits and Perks for 2022
Best Money Moves
NOVEMBER 30, 2021
Finances consistently rank as a top stressor for employees, but many employers remain unaware of the impacts of long-term financial stress. Financial wellness programs, like Best Money Moves , can help employees regain control of their finances. Here are our top 5 picks for 2022. Financial wellness programs.
Role of Payroll Software in Eliminating Compliance Risks
Qandle
JANUARY 29, 2025
Data security is a critical aspect of compliance, as businesses must adhere to data protection regulations like the General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA) in certain industries. Research Vendors : Look for reliable providers with a strong track record in compliance.
How Bayzat Benefits helped other Finance companies
Bayzat
MARCH 18, 2019
Companies working within the Finance industry have greatly benefited from using our platform. When we approached their Head of Finance, Sunny, he told us about his struggle with managing the leave balances of employees and calculating gratuity.
Finance 40
40 
Comprehensive Guide to the Best Employee Benefits Options for 2024
Empuls
AUGUST 27, 2024
Health insurance Arguably, this is the most important prerequisite of a good benefits package. This would include comprehensive health insurance that covers doctor visits, stays at the hospital, the cost of prescription drugs, and preventive care. Types of benefits 1. Solutions implemented 1.
Coronavirus: Financial Stress Statistics 2020
Best Money Moves
APRIL 15, 2020
Recent research focuses on how COVID-19 has negatively impacted personal finances in the U.S. Recent surveys have asked Americans to open up about the impact the pandemic has had on their finances. . 30 percent are likely to miss their health insurance premium or a student loan payment in the next six months.
Utilities 82
82 
The 3 Best Benefits for a Multigenerational Workforce
Best Money Moves
AUGUST 18, 2021
Accessible and comprehensive health benefits. Over half of all Americans receive health insurance from their employers, according to 2019 census data. So it’s not surprising that in a 2020 survey of 2000 multigenerational participants, dental and vision insurance topped the list of most wanted Employee Benefits.
Are You Financially Resilient?
Money Talk
OCTOBER 13, 2021
Financial resiliency is enhanced with financial resources, such as savings, health insurance, and a good-paying job. Purchase Adequate Insurance - Protect dependents against the loss of a breadwinner’s income with life insurance and buy disability insurance to provide continued income following an accident or illness.
Net Pay 100
100 The Top 3 Mistakes Consultants Make
HR Bartender
SEPTEMBER 8, 2015
On the expense side, it might not look like it but it takes a tremendous amount of money to run a consulting business, even when it’s out of your home: liability insurances, accounting / attorney fees, computer equipment and software, salaries, health insurance, etc. I couldn’t ask for better.
Consulting 126
126 
How HSAs can transform retirement planning and your common questions
WEX Inc.
JULY 24, 2023
What employees are saying about finances and retirement? A variety of recent studies have indicated that: Nearly twice as many employees said they were stressed about their finances than said they were stressed about their jobs. What employers are saying about employee finances and retirement? Yes,” Cook said.
Financial Wellness Benefits: Why You Should Care?
Vantage Circle
JULY 5, 2019
Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement. It has become essential for employers to include a program which focuses on employees' finances.
401(k) 90
90 
Coronavirus: Employer Resources to Stay Informed & Prepared
PeopleStrategy
MARCH 12, 2020
As a full-service broker and HR technology solution provider, we serve employers and, more specifically, HR, benefits and finance professionals. During unsettling situations such as the one we face today, employees rely on HR to provide guidance on how best to protect their health and that of their families.
What are employee wellness initiatives? (Plus, 5 key initiatives for your team)
Best Money Moves
OCTOBER 13, 2023
Common incentives for participation include cash bonuses, reducing contributions towards health insurance and providing a flexible spending account. Personal finance comes with unique issues for each of your employees and requires holistic answers for employees of all ages and financial backgrounds.
Let's personalize your content