Attracting and retaining employees is a constant struggle for organizations of any size, but it’s particularly so for small businesses. With smaller teams, employers need to hold onto talent whenever possible. And that can be a challenge, especially when resources are scarce as they are currently amid the lingering effects of the COVID-19 pandemic. That’s […]
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For many people, turning 65 means it’s time to sign up for Medicare. But you should start preparing for enrollment long before then — ideally, about a year or so before your big day. That’s because Medicare is different from other health insurance you’ve had in the past. There’s an alphabet soup of Parts to […]
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The 2023 Employee Benefits Market Outlook examines critical employee benefits topics and trends, delivering insights into the market and forecasting where the industry may be headed in 2023 and beyond. Before addressing future trends, it’s critical to understand the important themes from 2022 that laid the groundwork for this year. To that end, the Market […]
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Americans will be paying almost $1,900 annually for car insurance in 2023, new data reveals. Based on research conducted for the Article, written by Mary Or “ Revealed – how much more will Americans be paying for car insurance in 2023”, in in the December 2022 Article of Insurance Business America Magazine. Insurance Trends report […]
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Open Enrollment for 2023 has begun. If you are a Medicare recipient and looking to make changes to your Medicare Advantage Plan, Prescription Drug Plan (Part D) or Supplement, now is the time (Oct 15th through Dec 7th). With the numerous options available (depending on where your live), you should obtain answers to the following […]
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We received notice from Bright Health that they have made the strategic decision to exit the Texas marketplace. “Bright Health is further focusing its business on delivering affordable healthcare to aging and underserved populations through its Fully Aligned Care Model. As a result, after plan year 2022, Bright HealthCare will no longer offer Individual and […]
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On Aug. 19, 2022, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) jointly released FAQs implementing provisions of the No Surprises Act (NSA), including the requirement that plans and issuers disclose certain balance billing protections to participants. Previously, the Departments released a model notice that could be used to […]
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Like most other goods and services, inflation can also increase the cost of insurance. Insurance and inflation When determining insurance premiums, insurance companies look at a variety of factors including industry trends like number of claims and costs to repair vehicles and homes. If those costs increase, the price of insurance premiums will likely increase […]
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