by Bret Brummitt | Oct 31, 2023 | Employee Benefits, Health Insurance
Save Money on Health Services by Paying Cash: When and How In the face of rising health insurance deductibles that seem increasingly unaffordable, many consumers are exploring the option of paying for health services with cash. They can save significant money on...
by Bret Brummitt | Oct 28, 2023 | ACA, ACA Reporting, Compliance, Data Analytics, Dept of Labor, Employee Benefits, ERISA, Health Insurance, Labor Law, Plan Design, Plan Design
ALE stands for Applicable Large Employer. Are you an ALE? Your company might be an “ALE” if: You employed on average 50 full-time employees during the preceding calendar year. You employed on average 50 full-time employees during the preceding calendar...
by Bret Brummitt | Oct 10, 2023 | Health Insurance, Plan Design, Plan Design
Share the Savings by Incentivizing Health Plan Participants Share savings with employees to incentivize smart healthcare choices! Our clients who have long-term success incentivize their employees and their family members to spend their healthcare dollars with very...
by Bret Brummitt | Oct 9, 2023 | Employee Benefits
Healthcare often remains a mysterious cost for many of us, despite tools like reference based health care pricing. We’ll explain reference based pricing later. The current market puts patients in a situation where they are in the dark about expenses until after...
by Bret Brummitt | Oct 9, 2023 | Employee Benefits, Health Insurance, Plan Design
In the ever-evolving landscape of employee benefits, small group employers are constantly seeking ways to provide comprehensive healthcare coverage while managing costs effectively. Enter the Individual Coverage Health Reimbursement Arrangement (IHCRA). In this blog...
by Bret Brummitt | Oct 7, 2023 | Employee Benefits, Health Insurance, HSA, Plan Design, Plan Design
Is Your HSA Plan a Barrier to Care? The Health Savings Account or HSA is a bank account. It’s a perfect way to save money for future healthcare expenses. An IRS-qualified High Deductible Health Plan is the requisite point of entry necessary to enroll in the...
