www.newsusa.com For the first time in modern history, America’s workforce spans four generations. In this new era of multigenerational workers, a “one size fits all” approach to health insurance is a thing of the past. The generational gap is as varied as it is immense. There are the young-adult Millennials, the middle-aged Gen Xers, Baby […]
By Bill Olson Chief Marketing Officer at United Benefit Advisors We’ve already discussed Health Savings Account (HSA) activity at length, looking first at the correlation between generous HSA contributions and increased enrollment in consumer-driven health plans (CDHPs). Second, we looked at how HSAs have performed in recent years across different industries. Now, we’ll look closer […]
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors Health plan sponsors would be permitted to offer wraparound coverage to employees purchasing individual health insurance in the private market, including the Marketplace, in limited circumstances, under a new Final Rule issued by the Department of Labor (DOL) and other federal agencies. The Final Rule, […]
By Bill Olson Chief Marketing Officer at United Benefit Advisors While recent survey data shows that, on average, employers are decreasing the amount they’re willing to contribute to employee Health Savings Accounts (HSAs), there are some industries that have not seen such trends. On average, employees saw a 10 percent decrease in their average single […]
By Terry Allard, CEBS, Sr. Benefits Advisor at The Wilson Agency Many employers look at employee benefits as a commodity, bidding out their plans annually — and who can blame them? Rising health care costs coupled with a challenging economic environment have forced many human resources decision-makers to focus heavily on cost. Organizations of […]
By Terry Allard, CEBS, Sr. Benefits Advisor at The Wilson Agency Employers have a lot of choices when it comes to buying group health insurance, including going directly to a carrier (or one of its agents), buying online, or going through a broker. Direct-to-carrier paths make it more difficult to shop the market across product […]