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Prescription drugs continue to be a primary driver of employer-sponsored health care costs. Last year, per-employee costs jumped 5.2 percent, and prescriptions remain the fastest-growing plan expense, according to the 2023 National Survey of Employer-Sponsored Health Plans.
The Affordable Care Act requires employers to provide their group health plan participants with access to both a summary of benefits and coverage that details the features of their health plan and a glossary of commonly used health care terms (such as balance billing, preauthorization and non-preferred provider). Access that
Demand is growing for supplemental health and financial benefits – so much so that by 2026, enrollment in voluntary benefits is expected to be up 20 percent, according to The Council of Insurance Agents and Brokers.
Use this checklist to plan for a successful open enrollment and renewal season – and keep your employees engaged in the process.
The U.S. Department of Labor released a final rule revising the agency’s guidance on how to analyze who is an employee or independent contractor under the Fair Labor Standards Act.
More than 40% of the country’s construction workforce is expected to retire in the next decade.
Open enrollment and renewal season is a great time to share tips with your employees about how to save money on health care services and prescriptions. Here are some recommendations from the Schauer Group employee benefits team.
If you’re an employer struggling to contain prescription costs, Schauer Group can help. Here are some recommendations from our employee benefits experts about how to combat increased pharmacy prices.
The U.S. Citizenship and Immigration Services (USCIS) announced a new version of Form I 9, also known as the Employment Eligibility Verification form.
As the COVID-19 emergency declarations come to an end next month, so do many of the flexible health care policies that were implemented to ensure Americans had access to the services they needed during the pandemic.
Businesses of all sizes are currently facing attraction and retention challenges. Often, small employers have the agility to respond to the employment market with new strategies. Read on for some attraction and retention tips.
As an employer, safety is your responsibility, and it’s important to identify workplace hazards and instill safe employee habits to ensure corrections remain permanent.
The COVID-19 pandemic tipped off supply chain issues that may take years to reconcile. Now, employers are left wondering how they might be able to stay afloat amid unprecedented market uncertainty.
Social networking is a priceless public relations and viral marketing tool. However, popular social networking sites can present a significant hazard to your company and its reputation, depending on how you and your employees use them.
Employers across the country are facing a pronounced issue right now: too many open positions and not enough workers. Why are individuals slow to return to work despite available positions and how can employers attract some of these workers?
While any business’ relationships can be complex, adding a family dynamic to the mix creates a labyrinth of unique issues and risks to navigate.
Capitalizing on the trend to build green can quickly turn your profit margin from black to red if you don’t have a clear understanding of your additional contract exposures.
The first step in implementing a comprehensive risk management plan is identifying potential risks. To help you get started, we have provided a list of the top 10 threats facing small business owners.