5 Strategies for Reducing Health Benefits Costs in 2022
For the past two decades, health costs have increased each year. This happens for a variety of reasons, such as inflation or, say, a global pandemic. With that in mind, employers can bank on prices...
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What’re the Best Ways to Prepare for Open Enrollment with a Hybrid Workforce?
Preparing for Open Enrollment With a Hybrid Workforce With open enrollment season approaching, now’s the time for HR professionals to kick off their planning. Due to the pandemic—and employees’ desire for flexibility—many employers now find...
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IRS: Affordable Care Act Affordability Percentages Will Decrease for 2022
Affordability Percentages Will Decrease for 2022 On Aug. 30, 2021, the IRS issued Revenue Procedure 2021-36 to index the contribution percentages in 2022 for determining affordability of an employer’s plan under the Affordable Care Act...
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New Biden Administration Plan Aims to Make Drug Prices More Affordable
New Biden Administration Plan Aims to Lower Drug Prices “These actions will protect patients and improve their access to affordable medications, helping keep Americans healthier and more financially secure.” — An excerpt from the HHS...
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