When employees are offered more than one medical plan, many considerations must be taken in order to select the best option. Insurance can be complicated so it’s important to take the time to learn common insurance terms. Types of health insurance plans The first step to understanding your options is …
Flexible Spending Accounts (FSAs) can be an asset to any employee benefits package because employees can set aside pre-tax funds to be used for eligible healthcare expenses. Due to the nature of the public health emergency posed by COVID-19 and the unanticipated changes in availability of certain medical care, you …
As in-person appointments have been replaced with video conferences and other virtual mediums, UnitedHealthcare (UHC) has launched Right2You, a virtual care benefit that aims to assist the approximate 48 million people in the U.S. living with hearing loss. The initiative builds on the home-delivered hearing healthcare model developed by UnitedHealthcare …
On March 23, 2021, President Joe Biden and his administration reported that the Centers for Medicare & Medicaid Services (CMS) announced that it is extending the Special Enrollment Period (SEP) — which was originally available through May 15, 2021 —for an additional three months, allowing eligible individuals to enroll in …
According to a survey by virtual mental health platform, Ginger, 70% of workers say this period, that is the COVID-19 pandemic, is “the most stressful time in their entire professional career.” On top of that, approximately 88% reported experiencing moderate to extreme stress in 2020. Remote work has accelerated the …
On April 28, 2020, the Departments of Labor (DOL) and the Treasury issued deadline relief to help employee benefit plans, plan participants and plan service providers impacted by the COVID-19 outbreak. Thereafter, on February 26, 2021, DOL Disaster Relief Notice 2021-01 clarified the duration of this relief. The deadlines were …
On December 21, 2020, Congress passed an emergency stimulus package designed to deliver approximately $900 billion in COVID-19-related aid. The bill has been sent to President Trump, and he is expected to sign it into law. Notably, the bill provides funding for unemployment benefits, small businesses, direct economic payments to …
It’s that time of year again. Temperatures are falling, days are getting shorter, and at Creative Benefits, we have insurance renewals and open enrollment on our minds. Most companies schedule health insurance renewals and open enrollment in December and January so the time to start thinking about these things is …
