INFLATION – Medical Costs & Workers’ Compensation
Inflation Contributes to Rising Medical Costs and Workers’ Compensation Expenses Inflation is causing rising medical costs and WC expense. A report from the National Council on Compensation Insurance (NCCI) found that the current inflationary environment...
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Biosimilars and What You Should Know
Rapidly increasing health care costs will likely continue to impact employers in the foreseeable future. As a result, many employers are considering strategies to manage health care costs and explore prescription drug trends. The introduction...
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6 Common Mistakes to Avoid When Choosing a Health Plan
Health insurance may be one of the most critical annual purchases since it impacts your physical, mental and financial wellness. Unfortunately, choosing a health insurance plan can feel overwhelming. With so many options, it can...
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Understanding An HRA
A health reimbursement arrangement (HRA) is an employer-funded account that is designed to reimburse employees for qualified medical expenses that are paid for out-of-pocket. There are no annual contribution limits. However, the employer usually sets...
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