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There’s an emerging group benefits trend that is proving to provide cost-savings for both employers and plan participants – the copay-only plan.
An 8 percent increase in group medical costs is expected in 2025 – marking the highest increase for commercial health care spending in 13 years.
In addition to traditional health insurance, many employers offer ancillary benefits that can cover other important health and wellness needs at little to no cost to you.
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.
Stay on top of your health and wellness needs: Find a primary care physician that’s right for you
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.
Car insurance rates are up 17% and are expected to hike another 4% during the remaining months of 2023, according to the Mid-Year Auto Insurance Trends Report from Insurify.
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.
It’s vacation season! As you’re planning your next great adventure, here are some recommendations from Schauer Group’s team of experts to make sure you have the insurance coverage you need no matter what method of transportation you choose.
Each year, hurricane season presents a significant risk to homeowners. Not limited to coastal areas, hurricanes are dangerous and can cause major property damage due to storm surge, wind damage and flooding. These eight tips can increase your readiness in the event of a hurricane.
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.
Watch this video for five strategies for enduring periods of high inflation.
October 16-22, 2022, is National Teen Driver Safety Week. Now is a great time to have important conversations with teen drivers about staying safe behind the wheel.