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Provide employees with a breakdown of medical and pharmaceutical cost increases to avoid sticker shock. This is especially true if you are making changes to cost-sharing, introducing new plans, introducing a wellness plan or health savings accounts or flexiblespendingaccounts.
To qualify as such, the government states the plan must “pay at least 60% of the total cost of medical services for a standard population” and “include substantial coverage of physician and inpatient hospital services.”. Outstanding pharmaceutical and/or hospitalization coverage. Flexible employee schedules/work-from-home options.
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