Many employees do not realize how much their employer contributes to their benefits package. According to the U.S Bureau of Labor Statistics, benefits account for 30.1% of total compensation in the private industry, yet low participation remains a widespread challenge for employers. Without meeting carrier participation thresholds, employers risk losing access to group coverage altogether,...
Mental health resources are highly desired among employees, but workers aren’t always satisfied with the benefits their employers offer or may not know how to use them effectively. A 2025 workplace mental health poll by the National Alliance on Mental Illness (NAMI) found that while 77% of respondents are satisfied with their overall health care...
Group health plans and health insurance issuers must annually submit detailed information on prescription drug and health care spending to the Centers for Medicare and Medicaid Services (CMS). This reporting is referred to as the prescription drug data collection (RxDC report). The next RxDC report is due by June 1, 2026, covering data for 2025. ...
TrumpRX is a newly launched federal website intended to help Americans access lower prices on select prescription medications by showcasing discounted cash pay options negotiated directly with pharmaceutical manufacturers. Unlike a traditional pharmacy or insurance integrated tool, TrumpRx does not process insurance and does not function like a standard drug dispensing platform; instead, it displays...
Low health literacy is quite common in the United States. According to the National Assessment of Adult Literacy, only 12% of Americans have proficient health literacy skills, which means many adults have difficulty understanding drug labels, following prescription instructions or identifying credible health care resources. Given today’s complex health care system, health care literacy has...
Starting Nov. 1, Americans can log on to HealthCare.gov and state-run exchanges, as the Affordable Care Act (ACA) Health Insurance Marketplace (Marketplace) open enrollment period began for 2026 coverage. This year’s enrollment window runs through Jan. 15, 2026, in most states, with some extending deadlines into late January. The average Marketplace premium after tax credits...
Every year, health insurance companies inform state officials of their expected cost changes and propose new prices for plans that comply with the Affordable Care Act regulations. A report from KFF, an independent source for health policy research, focuses specifically on plans for small businesses, typically those with 50 or fewer employees. These plans can...
As open enrollment season approaches, it’s never too early to start preparing so that you can make educated choices on benefits enrollment for the upcoming year. This annual window offers the opportunity to enroll in, change or update coverage options such as health insurance, dental plans, and voluntary benefits like life and disability insurance. The...
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