With such a high inflation rate, consumer goods and employee benefits have experienced a notable price increase. Employee Benefit Research Institute conducted a survey and confirmed one-third of U.S. employees saw an increase in their health costs within the past year. However, there are ways employers can mitigate benefits costs …
At the start of the pandemic, much about COVID-19 was unknown: how to treat the virus, when would a vaccine be developed, and the costs of effectively treating the virus. Previously, insurers waived the costs of specified COVID-19 related services (i.e., emergency room copayments, testing charges, and hospital stay deductibles). However, …
