One of the toughest things employers have to define and redefine is benefits strategy – especially with employee retention being the challenge that it is right now. A survey of employee attitudes by Willis Towers Watson indicates it’s possible to bolster employee engagement and loyalty through benefits. But according to Ed Walker, the CEO of […]
With tax season in full swing, your employees may be sifting through shoeboxes full of receipts in an attempt to identify and organize qualified health savings account (HSA) expenses as part of their 2022 tax filing. But the more likely scenario is they’re completely unaware of the need to verify HSA purchases. The ability to […]
The U.S. Department of Health and Human Services (HHS) defines mental health as a person’s “emotional, psychological and social well-being.” It affects how people think, manage stress and relate to others. Mental health is important because it affects all areas of our lives. For example, some mental illnesses cause physical symptoms that are otherwise unexplained. […]
The 2023 tax filing season is officially underway. As expiring pandemic relief is expected to result in smaller refunds, consumers will be looking for ways to reduce their 2022 tax burden in the coming weeks. Enter the health savings account (HSA). If your organization offers an HSA as an employee benefit, your HR team should […]
Imagine working a full day at your job, coming home to care for your children, and then just when you’re ready to collapse into bed for the night, having to manage medical decisions for a parent who is suffering from Alzheimer’s Disease. With an estimated 53 million individuals currently providing unpaid care to adults and […]
You made it through open enrollment and the end-of-year benefit crunch for employees; now you can finally take a breath, right? Perhaps. However, there are three remaining flexible spending account (FSA) extensions that could impact your employees: the FSA grace period, balance carryover and runout period. If your organization offers one of these account features, […]
The doctors who see your people would rather proactively treat disease than wait for symptoms to cause an ER visit. The term for it is upstream health care. Because this approach can decrease hospital admissions and re-admissions and healthcare costs, look for health plans to launch and explore more upstream health care initiatives that motivate […]
If you thought employees were done delaying medical care now that the pandemic is waning, that assumption would be incorrect. It’s at its highest point yet – 38%. Gallup has been tracking Americans’ self-reports of delaying medical care in the past 12 months due to costs since 2001. And this year Gallup’s annual Health and […]
The latest news for the U.S. when it comes to SARS-CoV-2, the virus that causes COVID-19, is … “Release the Kraken!” (Sorry, couldn’t resist.) The “Kraken” is the unofficial name some scientists online are calling XBB.1.5, the latest subvariant of Omicron, and the most transmissible yet. Spike predicted Currently, XBB.1.5 accounts for approximately 27.6% of […]
