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Top 7 health insurance terms to know

Medicare is a federally funded health insurance program for people 65 or older or people with disabilities. The original Medicare plan has two parts. Part A is a hospital insurance plan that covers hospital stays, … See more

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What are health insurance rewards programs, and how do

A health insurance rewards program provides solutions to both. It's a way to incentivize healthcare consumers to take a more active role in managing their health and …

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Top 25 health insurance companies in the U.S.

Health Net of California, Inc. 0.63%. 24. Local Initiative Health Authority. 0.61%. 25. Blue Cross Blue Shield of Massachusetts. 0.60%. To clarify, the size of the market share …

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Account-based health plans vs. healthcare reimbursement plans

Two popular benefits that have gained traction lately are account-based health plans (ABHPs) and health reimbursement plans. While these two plans have their differences, …

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Pre-tax vs. after-tax medical premiums

Pre-tax medical premiums are health insurance premiums deducted from your paycheck before your employer withholds income taxes or payroll taxes. These premiums are …

Category:  Medical Go Health

The least and most expensive states for group health insurance

Ohio: $375. Kansas: $574. Washington: $388. *Average group plan premium rates shown are for one employee with single coverage and include employer and employee …

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How the Affordable Care Act (ACA) varies by state

How the ACA varies by state. The ACA mandated the creation of a formal health exchange in each state, but each person's health insurance experience will differ depending …

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Which states require you to have health insurance

The Affordable Care Act (ACA) took great strides toward improving the affordability of and access to comprehensive healthcare nationwide. One initial aspect of the ACA required …

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What is a POS health plan

A POS health plan, or point of service health plan, is a type of health insurance coverage that allows individuals to choose between in-network and out-of-network providers. …

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What is GAP insurance

GAP insurance is meant to bridge the "gap" in health insurance coverage. This type of plan is also referred to as “metal gap insurance” since it fills the coverage gaps in the …

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How does an HRA work

An HRA is an employer-funded, IRS-approved, and tax-free health benefit employers use to reimburse employees for qualified medical, dental, or vision expenses. …

Category:  Medical Go Health

How to report employer-sponsored health benefits on Form W-2

The Affordable Care Act (ACA) requires all employers who provide "applicable employer-sponsored coverage" 1 under a group health plan to report the cost of coverage, …

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What health plans are and aren’t covered by ERISA

Employer-sponsored group plans are subject to ERISA. This includes self-insured health plans, which typically aren’t subject to state insurance laws. ERISA exempts these self …

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What is healthcare consumerism

Healthcare consumerism is a movement where individuals take more control of their healthcare decisions. This growing patient empowerment allows healthcare consumers to …

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Personalized Employee Benefits Resources PeopleKeep

What is PTO? PTO, or paid time off, is a benefit that many employees receive, allowing them to take time off from work while still being compensated. Elizabeth Walker Mar 11, 2024. …

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Wellness HRAs vs. wellness employee stipends

The federal government allows employers to cover the cost of employee wellness care, tax-free, through an HRA. While most premium-plus HRAs allow you to reimburse your …

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Best states for an HRA

Health reimbursement arrangements (HRAs) have become increasingly popular among business owners as a cost-effective alternative to traditional group health …

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How to draft your first summary plan description (SPD)

An SPD is a summary of your benefit plan that outlines the benefit’s details and requirements. It's the primary vehicle for communicating health plan rights and obligations to the plan …

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Guide to employee benefits and HR laws in Washington

Employers and employees must pay 0.6% of employees’ gross wages to fund the program. Employers are responsible for 26.78% of the premium, while employers must withhold the …

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A comparison of popular HRA administrators

9. Zorro. Recently founded in January 2022, Zorro offers a platform that enables employers to offer a QSEHRA or an ICHRA as its health benefit. While Zorro’s features help …

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