Remove Health Savings Account Remove Human Resources Remove Pharmaceutical
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Employers Use Variety of Strategies to Provide Competitive and Cost-Effective Health Care Benefits

InterWest Insurance Services

Here’s what the report found: Offering more plans To combat rising costs, many employers (80%) offer more than one health plan. A growing share of employers offer high-deductible health plans (HDHPs) and health savings accounts (HSAs) to employees. Prior authorization before approving their use.

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Open Enrollment Prep: Identify Workers’ Needs, Consider Costs to Plan Benefits

InterWest Insurance Services

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 flexible spending accounts.

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What employees expect from benefits packages

Business Management Daily

Outstanding pharmaceutical and/or hospitalization coverage. What an employer must offer in terms of worker’s compensation and disability varies by state, so human resources should keep tabs on requirements. The employee saves money because this set-aside money is not taxed. Health Savings Accounts.