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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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Flood insurance: Is your home protected?

Higginbotham

Homeowners’ insurance can help protect your house from perils like theft or fire, but what about flood water that enters your home? Do I need flood insurance? Flood insurance isn’t a niche product for the select few; it’s a valuable safeguard for homeowners, renters and business owners across the country.

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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.

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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. 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.

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

Insperity

Buying health insurance can be a costly endeavor. Most Americans must have health insurance or face a tax penalty. Purchase coverage through a state or federal health insurance marketplace. A silver plan covers, on average, 70 percent of the cost of essential health benefits provided under the plan.). Copayments.

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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.