General

Recently, employers were surprised and frustrated by a new government-required mandate regarding health insurance premium reporting.  Employers had received a notice requiring them to report insurance premium cost data to their insurance companies. The insurance companies, employers were told, would then report this data to the...

Why are employers and employees paying so much for their health insurance? The national average employers spend per employee for medical insurance is $11,498, and the national average each employee spends is $3,631. Dattilo Consulting, Inc. average employers spend $6,113 per employee for medical insurance...

The employee should carefully consider whether, as an elderly employee, he or she should leave the company’s health plan and enroll in Medicare or stay on the employer’s plan. Both the employee and employer will want to seek wise counsel as there are advantages and...

By Grant Dattilo Employers and employees—anyone who purchases health insurance—can spend less on insurance premium and gain more control over spending decisions. How? With a Health Savings Account (HSA) paired with a High Deductible Health Plan (HDHP). These accounts are subject to I.R.S. limits, which are...

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...