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3 Employee Benefits Costs Strategies During High Inflation
The U.S. inflation rate has increased by 8.3% over the last year, according to the Bureau of Labor Statistics (BLS). This has led to significant price increases across various consumer goods as well as employee benefits such as health insurance. In fact, one-third of...
Here are the COBRA Subsidy Provisions of the American Rescue Plan Act
The American Rescue Plan Act (ARPA), signed into law March 11, 2021, provides a 100 percent subsidy of premiums for employer-sponsored group health insurance continued under the Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) and similar state...
Can Employers Help Pay For Employees’ Individual Health Plans?
A new final rule lets all employers help pay for employees’ individual health plans by offering health reimbursement arrangements (HRAs) to cover their workers’ policy premiums, if certain conditions are met. Currently, many employers are prohibited from...
