Healthcare costs in New England are among the highest in the country, putting significant pressure on businesses, and in many cases are surpassing national averages. With Massachusetts leading the nation in per capita healthcare spending (New England Journal of [...]
New England residents face some of the highest healthcare costs in the nation. For example, recent data shows that the average annual premium for employer-sponsored health insurance in New Hampshire, in many cases, exceeds $7,000 for individuals and $20,000 [...]
In today's complex healthcare landscape, organizations face unprecedented challenges in managing escalating healthcare costs while maintaining quality coverage for their employees. Level funding emerges as a sophisticated solution, offering a hybrid approach that combines the predictability of traditional insurance [...]
Are rising health insurance costs eating into your small business's budget? Are your employees struggling to afford quality healthcare? Individual Coverage Health Reimbursement Arrangements (ICHRAs) might be the solution you've been searching for. What are ICHRAs? ICHRAs (pronounced [...]
For many employers, healthcare costs are a high-wire act. You want to offer competitive benefits packages to attract and retain top talent, but rising costs threaten to throw you off balance. So, how do you navigate this challenging landscape? [...]
If your business offers health insurance benefits to employees, you've likely heard of alternative funding models like self-funding or level-funding. But what exactly do these alternative approaches entail, and why are more employers considering them instead of traditional fully-insured [...]
They say an ounce of prevention is worth a pound of cure, and that certainly applies to your health. In today's busy world, it's easy to let routine checkups fall by the wayside. But according to the Centers for [...]
The Internal Revenue Service (IRS) has recently highlighted that costs associated with nutrition, wellness, and general health do not typically qualify as reimbursable medical expenses under Section 213 of the Internal Revenue Code. In its communication, including a news [...]
Remember struggling for appointments, battling traffic, and waiting in stuffy exam rooms? Telehealth, the magic of healthcare delivered virtually, is changing the game! What is Telehealth? Imagine connecting with your doctor through a secure video call or chat instead [...]
As 2024 unfolds, Congress faces a narrowing timeframe to enact significant health initiatives. The fiscal year's spending bills offer a crucial opportunity for legislation. The process faces two key deadlines: the first when four annual appropriations bills expire on [...]
