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...
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...
Happy Holidays and Best Wishes By Greg Dattilo, CEBS President, Dattilo Consulting, Inc. and ClientServ LLC Despite the challenges we’ve all been facing the last two years, it seems the year is ending on a more positive note. There is now a sense that we are not only...
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...
What, if anything, can employers do to mitigate expected increases in 2022 employee health insurance premiums? Mercer predicts an average 4.7% increase, while Willis Towers Watson says to look for 5% increases.[i] Some employers, however, are seeing far greater increases....
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....