Ales

Remodel Health's National Health Benefits Analysis Reveals Employers Can Anticipate a 30% Reduction in Healthcare Costs with ICHRA

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вторник, ноября 28, 2023

INDIANAPOLIS, Nov. 28, 2023 /PRNewswire/ -- Remodel Health, a trailblazer in employee health benefits, has released its highly-anticipated 2023 National Health Benefits Analysis, showcasing transformative trends in employer-provided health insurance.

Key Points: 
  • INDIANAPOLIS, Nov. 28, 2023 /PRNewswire/ -- Remodel Health, a trailblazer in employee health benefits, has released its highly-anticipated 2023 National Health Benefits Analysis, showcasing transformative trends in employer-provided health insurance.
  • The analysis delves into the impact of Individual Coverage Health Reimbursement Arrangements (ICHRAs) and their pivotal role in reshaping the health benefits landscape.
  • Cost-Effective Employer Contributions: Employers can anticipate a striking 30% reduction in costs, as ICHRAs boast a median reimbursement allowance of $466 per month, compared to the traditional group health benefits' average of $659.25.
  • The 2023 National Health Benefits Analysis underscores the transformative potential of ICHRAs in offering cost-effective, tailored health coverage options.

HRAs continue to offer personalized, high-quality healthcare to more American workers-in one year, coverage tripled for ICHRAs; doubled for QSEHRAs

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среда, июня 28, 2023

WASHINGTON, June 28, 2023 /PRNewswire/ -- Today, the HRA Council released its 2023 data report on the state of Health Reimbursement Arrangements, including Qualified Small Employer HRAs (QSEHRAs) and Individual Coverage HRAs (ICHRAs). The report shows that between 2022 and 2023, the number of American workers offered insurance through an ICHRA tripled; QSEHRA offerings, only available to small employers with less than 50 employees, doubled. 

Key Points: 
  • Between 2022 and 2023, the number of workers offered insurance through an ICHRA tripled; QSEHRA offerings doubled.
  • "ICHRAs and QSEHRAs cover workers with quality ACA health insurance they select based on their own health needs," said Robin Paoli, Executive Director of the HRA Council.
  • "Employers empower employees to secure the coverage and care they need with predictable budgets for health benefits.
  • The marketplace–and its risk pool–is strengthened by younger workers offered HRAs; 61% of those offered an ICHRA are younger than 44.

Vertical Flight Society Announces 2022 Group Recipients of Its Prestigious Awards

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четверг, марта 17, 2022

FAIRFAX, Va., March 17, 2022 /PRNewswire-PRWeb/ --The Vertical Flight Society today announced the 2022 group recipients of its prestigious awards program.

Key Points: 
  • FAIRFAX, Va., March 17, 2022 /PRNewswire-PRWeb/ --The Vertical Flight Society today announced the 2022 group recipients of its prestigious awards program.
  • "Today, we recognize the inspiring results of teamwork and collaboration that have demonstrated and advanced the capabilities of vertical flight aircraft."
  • The Vertical Flight Society was founded as the American Helicopter Society in 1943 by the pioneers of the helicopter industry who believed that technological cooperation and collaboration was essential to advance vertical flight.
  • The Vertical Flight Society previously announced the winners of its individual awards for 2022.

Compliance Topics Related to the COVID-19 Pandemic Top the Regulatory Issues Facing Businesses in 2022

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четверг, января 13, 2022

Policies enacted in response to the COVID-19 will continue to dominate the regulatory landscape in 2022.

Key Points: 
  • Policies enacted in response to the COVID-19 will continue to dominate the regulatory landscape in 2022.
  • Here are the top 10 regulatory issues identified by Paychex for 2022:
    #1 Workplace Safety.
  • The COVID-19 pandemic created challenges for employers regarding workplace safety, especially with vaccination mandates and the continued stages of litigation involved.
  • Such legislation, if passed, could translate to new and complex regulatory requirements for businesses such as implementing training, mandatory reporting of security breaches, and more.

PeopleKeep's 2021 ICHRA report finds increase in benefit allowances and state-based classes

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вторник, августа 10, 2021

Key findings from the report include:

Key Points: 
  • Key findings from the report include:
    The average employee allowance is $882.51, an increase of 5% from last year.
  • Employers with an ICHRA offer more in allowances than employers with a QSEHRA, which enforces an allowance cap, across all family statusesas much as 142% more.
  • ALEs utilize more employee classes than smaller employers for an average of 3.6 classes used in their ICHRA benefit.
  • PeopleKeep plans to release a third and final installment of their 2021 ICHRA report this fall with an in-depth sentiment analysis from organizations using the ICHRA.