Employers are just beginning to learn about a Flexible Spending Account (FSA) provision in the new Covid-19 relief law from which their employees might benefit. Few people know of all the provisions in the 2124-page bill. Most Americans only paid attention to the individual stimulus...
We all see that COVID-19 is affecting us in multiple ways. Every day, our media gives us cumulative COVID-19 test results – total cases and infections, number of hospitalized individuals and of course, deaths. COVID-19 weighs heavily on employers who are at the same time,...
Alongside the usual business challenges, employers in 2021 must consider added uncertainties created by Covid-19, political and social unrest. Yet, rather than seeing these as threats to a business, employers can find in them new opportunities to create a positive work environment that signals stability...
Surprise billings not only can spoil your day, they can create despair and drive some people toward bankruptcy. This is an example of our consumer-unfriendly health care marketplace. ...
Today, employers need to explore emerging trends in health care prices and spending. The right strategy today can save a large amount of money tomorrow. What is happening in Minnesota? “…the individual and small group health insurance plans in Minnesota reflect increasingly stable markets, even as...
We’ve been trusting health care financial “experts” to deliver “affordable” care, but they are failing. The “experts” have given us an average annual 6.1% premium increase during the past 20 years. During this same period, the Consumer Price Index (CPI) averaged 2.1%. Health...