An analysis of individual and family health insurance policies available in 2017 reveals that costs have increased across the board from 2016. eHealth, the nation’s largest private online health insurance exchange, released its latest Health Insurance Price Index report on January 13. It looked at the average health insurance premium cost for individual and family policies during the first two months of this year's open enrollment period.
In April, the Society for Human Resources Management (SHRM) released the findings from their annual survey on employee job satisfaction and engagement — the results of which can be an invaluable resource for small businesses to keep their employee retention strategies up to date. At the end of each year, the SHRM asks 600 employees around the country to “identify factors that influence overall employee satisfaction and engagement in the workplace.” This year’s results show some interesting trends that small business owners need to be aware of in order to attract and retain top talent.
Payroll giant ADP released their 2016 Annual Health Benefits Trends Report which discusses benchmarking and trends for large organizations. ADP anonymously sampled employees of 300 large organizations to identify key health benefit trends with the goal of determining the effects of “the economy, workforce demographics and the Affordable Care Act” on employer-sponsored insurance. Here are some of their findings.
A recent survey by the International Foundation of Employee Benefit Plans (IFEBP) explored employers' reactions to the Affordable Care Act (ACA). Specifically, the IFEBP asked business owners what they were doing to reduce health insurance costs.
The annual cost of healthcare for a typical American family of four, covered by an average employer-sponsored health insurance plan, is $24,671 a year -- up 6.3 percent from 2014. The amount will almost certainly surpass $25,000 in 2016. This is according to the 2015 Milliman Medical Index (MMI).
If you do not fully understand your health plan, Health Savings Account (HSA), or Flexible Spending Account (FSA) you're not alone. Data from more than 1,500 employers and consumers reveals that while account-based health plans continue to make traction in the market, thre is still a consumer education gap and a need for enhanced consumer healthcare decision-support.
Employers seeking to better manage health care costs and benefits are increasingly turning from centralized employer control toward employee engagement and ownership of health insurance and employee benefits. This is according to an annual bswift Benefits Study that identifies trends on how employers are using wellness initiatives, consumerism, and technology to shift health benefits from the employer to employee.
In the federally-run Marketplace, 87% of those who selected a health plan are receiving premium tax credits, and are paying an average of $82/month. This is according to a new report released today by the Department of Health and Human Services (HHS).
The cost of health care for a typical American family of four, covered by an average employer-sponsored health plan, is $23,215 a year -- up 5.4% from 2013. This is according to the 2014 Milliman Medical Index (MMI).
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. Zane Benefits, Inc. does not sell health insurance.