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...
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...
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...