I show that insurance coverage declined primarily because fewer workers took up coverage when offered it, not because fewer workers were offered insurance or were eligible for it. The reduction in take-up is associated with the increase in employee costs for health insurance. Estimates suggest that...
I show that insurance coverage declined primarily because fewer workers took up coverage when offered it, not because fewer workers were offered insurance or were eligible for it. The reduction in take-up is associated with the increase in employee costs for health insurance. Estimates suggest that...
Large employers in the U.S., those with 50 or more full-time workers, are required to provide health insurance to their qualifying employees by paying a part of insurancepremiums.2If an employee becomes ineligible to receive an employer's health insurance benefits—which can happen for a varie...
Within 30 days of firing an employee, the employer has to notify the individual about his/her COBRA rights. This must be done in writing. Under federal law, private employers who employ more than 15 workers on a typical business day must continue to provide group health insurance coverage (...
year. An HSA is paired with a high-deductible health plan (HDHP) to pay for medical and dental expenses. The employee or employer funds the account and, like an FSA, cannot be used to pay insurance premiums. Unlike HRAs and FSAs, employees can keep their HSAs if they change employers....
“With an ICHRA, an employer can contribute a flat fee toward an employee’s health care, which the employee can then use to purchase insurance,” explains William Sweetnam, technical and legislative director for the Employers Council on Flexible Compensation, an organization that advocates...
If an employee didn’t participate in the employer's health plan, will they receive a 1095-C? Every employee of an ALE who is eligible for insurance coverage should receive a 1095-C. Eligible employees who decline to participate in their employer’s health plan will still ...
Mandy Sleight is a licensed property, casualty, life and health insurance agent with 20 years of experience in the industry. She has worked for major insurance companies like State Farm and Nationwide, and most recently as the Operations Coordinator for a startup employee benefits company. ...
case claimed that Kentucky's law was pre-empted by theEmployee Retirement Income Security Actof 1974 (ERISA). The Court, per JusticeAntonin Scaliadisagreed, holding that the Kentucky law regulated insurance, rather than an employee retirement plan, and thus that the ERISA preemption does not ...
Our proprietary analytics and algorithms assess data around employee health information, insurance claims, workplace safety and engagement metrics, as well as non-traditional data such as program management, providing the insight needed to optimize benefit investments and improve health outcomes. ...