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Top Benefit Trends for 2024s PA Employee Benefits Group
WEBThe challenges that influenced the benefits landscape in 2023 persist—perhaps even more so. Rising costs, due to inflation and increasing health care prices, will continue to present challenges this new year. But employers who understand the benefits landscape for 2024 can mold their approach for the upcoming year. A new year …
Actived: 9 days ago
URL: https://fairmountbenefits.com/2024/02/12/top-benefit-trends-for-2024/
The Affordability Test for 2022 Health Plans Fairmount Benefits
WEBThe Affordable Care Act’s employer shared responsibility provision — often called the employer mandate or “play or pay” — requires large employers to offer health coverage to their full-time employees or face a potential penalty. (Employers with fewer than 50 full-time and full-time-equivalent employees are exempt.) Large employers can avoid …
Healthcare 101: Back to Basics FAIRMOUNT BENEFITS
WEBGetting sick can be expensive. Even minor illnesses and injuries can be very costly to diagnose and treat. Health care coverage helps you get the care you need and protects you and your family financially if you get sick or injured. We’re breaking down the health insurance basics. Because, when you understand it, you’re more … Continued
Information is Power
WEBWith health care costs on the rise, it’s more important than ever to take responsibility for your medical care choices. Asking questions and researching your options are good ways to start taking control of how much you spend on health care. Becoming an educated healthcare consumer is important for making informed decisions about your …
Why Health Insurance is Important Pennsylvania Benefits Agents
WEBReduced costs after you meet your deductible Once your spending for covered services reaches your plan’s deductible, the plan covers part of your medical expenses.. Example: If your plan has a $1,000 deductible, you pay the first $1,000 in covered services. After that, your plan pays between 60% and 90% of your covered …
VOI vs. ROI: A Business Case for Wellness PA Benefit Advisors
WEBDecember 7, 2016. VolkBell began the exploration into health and wellness about eight years ago. It was something our partners would say, “Just made sense.”. At the time, health care costs were skyrocketing across the nation, particularly in our home state of Colorado, and the nation’s obesity rates were at an all-time high.
What is Mental Health and Wellness in HR
WEBMental health and wellness in HR is the practice of employers caring about the health and stress management of their workers by providing support and resources to prevent burnout. Human Resources professionals include mental health and wellness benefits, such as insurance coverage, employee assistance programs (EAPs), access to …
IRS Provides Details on Reimbursing Premiums for Individual …
WEBBy Linda Rowings, Chief Compliance Officer at United Benefit Advisors On February 18, 2015, the Internal Revenue Service (IRS) issued Notice 2015-17. This Notice addresses employer payment or reimbursement of individual premiums in light of the requirements of the Patient Protection and Affordable Care Act (PPACA). For many …
Why Are Statistics Important in the Health Care Field
WEBHealth care providers strive to produce effective goods and services efficiently. Statistics are important to health care companies in measuring performance success or failure. By establishing benchmarks, or standards of service excellence, quality improvement managers can measure future outcomes. Analysts map the overall growth …
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