The number of Americans who receive mental health treatment or counseling has steadily increased over the years, with 41.7 million adults obtaining treatment in 2021. With the financial and emotional stressors of the COVID-19 pandemic and lockdown, more people have sought help. For those interested in seeking professional mental health care, it is …
The Inflation Reduction Act was signed into law by President Biden on August 16, 2022. The primary function of the law is to combat inflation and reduce carbon emissions; however, the law contains reforms that will affect health coverage. Medicare Changes Most of the health reforms in the Inflation Reduction …
Over the years, the spotlight on mental health has gotten brighter and brighter. Employers have become more well-versed and now understand the importance of recognizing employees’ mental health as it affects their well-being and productivity. Due to the pandemic and the Great Resignation, the workplace has seen an increased need …
We have all heard the term “life span” before, but are you familiar with health span? While life span refers to how long a person lives, health span refers to the part of a person’s life in which they are in good health. People are living much longer than in …
The start of any year is typically marked with well-intentioned goals to set the optimistic tone for the rest of the year. Some goals are maintained throughout the year while others don’t make it more than a few months. Setting yourself up for success is crucial since resolutions are often …
On August 16, 2021, the U.S. Departments of Health and Human Services (HHS), Labor and the Treasury (collectively, the Departments) issued a frequently asked question (FAQ) regarding enforcement of the contraceptive coverage mandate under the Affordable Care Act (ACA). Contraceptive Mandate The ACA requires non-grandfathered health plans to cover certain …
Financial concerns are one of the largest causes of stress among employees, and the current pandemic has only exacerbated the need for benefits that help employees navigate the daily stressors in their lives. We’ve seen financial wellness programs gaining traction across a multitude of industries as employers realize the importance …
When employees are well informed about their benefits, they are more inclined to make smart decisions that protect their health and financial well-being. Furthermore, educating employees about the value and range of their benefits can cultivate trust and confidence with their employer, which can have a positive impact on recruitment …
The COVID-19 pandemic has and continues to force many organizations to adapt and reimagine their service offerings to prioritize the health and safety of their employees. Since in-person visits to the doctor were put on hold in 2020, telehealth saw an increase in popularity. This allowed employees and their families …
The Department of Health and Human Services (HHS) recently published a proposed rule that would revise several benefit and payment parameters under the Affordable Care Act (ACA) for the 2022 benefit year. While the proposed changes primarily impact insurers and Exchanges, it’s important to consider that some provisions could also …
Retirement planning is one evolving area where employees are seeking out solutions that assist them and their family members in building strong financial futures. According to the Employee Benefits Research Institute, over four out of five workers say their employer converting retirement savings into regular income would be helpful. Additionally, …
Over the course of the year, we have seen increased demand for well-being programs and mental health resources from a wide array of employee populations. To meet this demand, employers have been prompted to create, or ramp up current well-being offerings, which can electrify a healthier and more engaged workforce. …
Throughout the pandemic, the opportunity to engage in traditional healthcare dwindled due to the risk of infection and reallocation of resources. Now, with a large percentage of Americans fully vaccinated and demand for care increasing, the popularity of telemedicine continues to boom. New research shows that virtual care will outlast …
The Affordable Care Act (ACA) as it exists today, will remain in place. On June 17, 2021, the U.S. Supreme Court upheld the Affordable Care Act (ACA) in a 7-2 ruling after several arguments challenging the constitutionality of the ACA were brought forth to the court. The Supreme Court determined …
The demand for and focus on employees’ mental health and well-being has increased significantly because of the COVID-19 pandemic. In an effort to address the growing need of mental health support for workforces across the country, companies have continued to roll out wellness-specific programs and benefits to better service their …
