Remove Health Insurance Remove Insurance Carriers Remove Out of Pocket Cost
article thumbnail

Why your integrated HRA shouldn't be tied to one carrier

PeopleKeep

For many employers offering a group health insurance plan, adding a supplemental benefit in addition to the group plan can help offset your employees’ out-of-pocket costs. One way to supplement your group health insurance plan is through an integrated HRA, also known as a group coverage HRA (GCHRA).

article thumbnail

Baby Health Insurance Playbook: 5 Steps to Plan for a Newborn

Corporate Synergies

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. Patient financial responsibility is on the rise—average out-of-pocket costs rose 11% in 2017 alone.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Benefits Advocate: The Secret to Healthcare Literacy and Cost Control

Corporate Synergies

A benefits advocate who delivers the how and why of plan use when employees are asking for assistance helps the employer control health insurance costs. Health events tend to be emotional for employees to navigate; it’s a situation that’s rife for potential errors in judgment. As Seen In. RELATED TOPICS.

article thumbnail

How Health Care Reform Helps People and Small Businesses Pay for Coverage

Insperity

Buying health insurance can be a costly endeavor. But now, because of health care reform’s individual mandate, not buying coverage isn’t an option. Most Americans must have health insurance or face a tax penalty. Purchase coverage through a state or federal health insurance marketplace. Copayments.

article thumbnail

How Your Employees Can Get Free COVID Test Kits

InterWest Insurance Services

But for employees in your group health plan, they have many options for obtaining a test with no out-of-pocket costs. 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.

article thumbnail

Insurers Promise to Keep Covering Preventative Services

InterWest Insurance Services

Most health insurers plan to continue offering free preventative care services despite a federal judge having imposed a nationwide injunction on an Affordable Care Act requirement that these services are covered with no out-of-pocket costs on the part of patients, according to a letter by industry trade groups.