Kaiser Family Foundation found that the health insurance premium for an employer-provided medical plan for a family soared to $22,389 in 2021. This is an increase of 27% since 2014, when the Affordable Care Act’s provisions took effect.[1] It’s not enough to say “Well, that’s...
Experiencing a loss of revenue and a reduction in workforce as the pandemic rolled on, small employers searched for and found several options that might result in a stronger, more productive and profitable business down the road. One critical response is that employers are placing...
Among the many effects of COVID-19 is the reality that millions of people, either by choice or circumstance, put off diagnostic tests and screenings. Saved money at first, but costs are coming....
Recently, the Centers for Medicare and Medicaid Services announced Medicare reimbursement rate increases for 2022. This matters because private insurance premiums use the Medicare rate as a base rate in order to calculate their insurance reimbursements to providers. Each increase in the Medicare reimbursement rate translates...
We can now be certain: The Affordable Care Act will remain the law of the land for the foreseeable future. Any changes will likely be incremental, and will come through Congress, not the courts. On June 16, 2021, in the case known as California v....
The IRS has released the Health Savings Account (HSA) contribution limits for 2022. This is good news, but it doesn’t tell the entire story. For calendar year 2022, individuals who own a qualified High Deductible Health Plan (HDHP),[1] will be able to deposit up to...