Insights

Some legislators and members of Congress are proposing a new health plan that could cut your premiums in half. They hear you asking for help!In 2020, the average annual cost of a family health insurance plan provided by an employer reached $20,576, according to Kaiser...

Pete suffered a heart attack and received care at a Minnesota hospital. Weeks later, the hospital demanded he pay almost $55,000 out of his own pocket for their services—the portion his health insurance didn’t pay. Surprise!Congress did something good about surprise billings. The new changes...

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...

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...

Imagine your doctor prescribing you Myalept – the most expensive prescription medicine in the U.S. in 2020 – at a cost of more than $71,000 a month. The drug is prescribed to individuals suffering from generalized lipodystrophy, a rare disease too complicated for this...

Employee benefits and health insurance open enrollment is, without a doubt, more complicated than usual this year thanks to COVID-19. Yet enrollment remains a vitally important management process for employees and employers alike in maintaining a positive work environment.Ensuring that employees understand their benefit plans...

Going forward, affordable health care benefits require increased price transparency, but more than price is needed.  Also necessary are new group insurance strategies – like the BENIC plan....