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Tariffs and Health Benefits: The Hidden Cost Employers May Not Be Able To Ignore

CorpStrat

That cost wont likely stay with the manufacturers it will most likely get passed down to hospitals, doctors, and ultimately, to payors: Medicare, Medicaid, self-funded employers and your insurance carrier. Insurance companies and Medicare may be forced to raise premiums to cover these higher payouts. The possible result?

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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).

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6 tips to help employees manage out-of-pocket expenses

Benefit Resource Inc.

Employees have a better chance of managing out-of-pocket spending when they understand how their out of pocket expenses can be reduced and what type of savings will come along with that. To help you get started, here are 6 tips to help employees manage their out-of-pocket expenses.

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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.

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Flood insurance: Is your home protected?

Higginbotham

Flood Damage While flood insurance is an important part of being prepared for the worst, it’s often misunderstood and overlooked by homeowners, who might assume that floods are included in their homeowners’ policy as a kind of water damage. Construction: The type of construction and materials used in your home can affect insurance rates.

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

Corporate Synergies

Patient financial responsibility is on the rise—average out-of-pocket costs rose 11% in 2017 alone. 1 Many of them are still learning how to choose the right benefits each year so they get the coverage they need without overpaying or getting stuck with unexpected costs. Help employees anticipate childcare needs.

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Benefits Advocate: The Secret to Healthcare Literacy and Cost Control

Corporate Synergies

Rather than reaching out to an insurance carrier first, whose issue resolution success is measured based on the call time, employees contact their benefits advocate. This expert is trained to answer questions, deal with insurance claims and support employees on their medical journey.