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Tips for Navigating a Tightening Health Insurance …

WEBTips for Navigating a Tightening Health Insurance Market and Skyrocketing Premiums. January 4, 2023. When the report on future healthcare costs for U.S. employers in 2023 was released by AON, a …

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URL: https://www.connerstrong.com/blog/insights-details/latest-thinking/tips-for-navigating-a-tightening-health-insurance-market-and-skyrocketing-premiums/

ACA Reporting: Process and Requirements for 2023

WEBNovember 21, 2023. Under the Affordable Care Act (ACA), self-insured companies that provide health insurance to their employees and large businesses must submit …

Category: Health Go Health

Exploring the Benefits of High Deductible Health Plans

WEBA health reimbursement arrangement (HRA) is an employer-owned account that allows companies to reimburse approved medical expenses. Employers can claim a tax deduction and employees receive these …

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Health Insurance Fund Consulting

WEBPERMA Health JIFs Features. Membership has its benefits. And privileges. Features include: Better prediction and control over future healthcare costs. Preservation of local …

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HHS Releases Revised Instructions for RxDC Reporting Due June 1, …

WEBApril 3, 2023. The U.S. Department of Health and Human Services (“HHS”) has released revised instructions for group health plans and insurers to report prescription drug and …

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Insurance for Health Care Providers and Social Services

WEBHealth care is undeniably one of the most rapidly evolving and growing industries, and we are proud to be part of that transformation. Our team has helped countless health care …

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Mental Health Parity and Addiction Equity Act

WEBFebruary 11, 2022. Group health plan sponsors should be aware of the Mental Health Parity and Addiction Equity Act (“MHPAEA”) compliance requirements since enforcement …

Category: Mental health Go Health

Affordable Care Act’s “Family Glitch” Rule Update and Cafeteria …

WEBOctober 21, 2022. On October 11, 2022, final regulations were released addressing the so-called “family glitch” under the Affordable Care Act (ACA) premium tax credit (PTC) …

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Using Data to Make Informed Health Plan Design …

WEBThe volume of healthcare and patient data has exploded in recent years, creating an opportunity for plan administrators and HR departments to make more informed, strategic decisions. When …

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The Elusive Plan Document: Who Needs One and Why …

WEBFor all intents and purposes, virtually all organizations offering health and welfare benefit plans need plan documents. Taking the right approach to creating and maintaining these foundational documents can go a long …

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Pharmacy Benefits Management Services

WEBPharmacy Benefit Management. Prescription drugs cost an average of 2.5 times more in the United States than they do in 32 other countries, with drug spend accounting for nearly …

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Important Update to ACA 1095 Reporting Requirements for Group …

WEBHere’s a quick summary of the employee and individual Form 1095-B/C information reporting requirements: Insurance carriers must send Form 1095-B to …

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ACA Affordability Threshold Will Decrease to 9.61% in 2022

WEBSeptember 7, 2021. The IRS announced that the new Affordable Care Act (ACA) affordability threshold for employers will decrease from 9.83% in 2021 to 9.61% in 2022. …

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Reducing Healthcare Costs with Reference-Based Pricing

WEBReference-based pricing is a self-funded form of employer health insurance that limits healthcare costs. Reference-based pricing allows employers to set a limit on …

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ACA “Affordability” Percentage Decreases to 9.12% for 2023

WEBAugust 5, 2022. Determining whether employer-sponsored health plans meet the Affordable Care Act (ACA) affordability and minimum value standards remains a significant factor …

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Fully Insured Premium Refunds and Fiduciary Information / COVID …

WEBJuly 27, 2020. Many plan participants in fully insured health, dental and vision plans have delayed care due to the COVID-19 pandemic, and as a result of the decreased …

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ACA Health Insurer Fee in 2020

WEBThe fee was included in the ACA to fund the state and federal ACA marketplaces. The fee is based on an insurer’s share of the market, which is calculated …

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Employee Benefits Trends to Watch in 2024

WEBJoin us for an informative webinar covering the latest employee benefits trends that employers and plan sponsors need to know in 2024. During this webinar, we’ll discuss: …

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Imputed Income Issues for Health and Welfare Benefits

WEBthe fair market value of the health insurance benefits provided to the domestic partner in the employee’s gross income. This is known as "imputed income" and it will likely affect the …

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Employee Benefits Stop-Loss Captive

WEBConner Strong & Buckelew specializes in offering alternatives to traditional employee benefits plans, including employee benefits stop-loss captives. An employee benefits …

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Conner Strong & Buckelew Insurance, Benefits and Risk Consultants

WEB5 Conner Strong & Buckelew Consultants Recognized as Risk & Insurance® Power Broker® Winners. We are among America’s largest and most admired insurance …

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