In a big victory for patients who depend on prescription drugs, a federal judge struck down a 2021 HHS rule that allowed health insurers to not count drug manufacturer copay assistance towards a patient's out-of-pocket costs.
The report found that hospitals and physician groups are catching up on other areas of technology, including electronic health records (EHR) and IT infrastructure.
There is a renewed focus on nonqualified retirement plans, which are not subject to ERISA rules and can include deferred-compensation plans, executive bonus plans and split-dollar life insurance plans, says a WTW report.
Since 63% of employees would be unable to cover a $500 emergency, employer-sponsored emergency savings accounts are now the number one benefit that employers need to offer, recommends a new study.
Retirement savings is often a casualty for those who have inadequate emergency savings but providing employees with savings tools and resources will shine a spotlight on the need to save for both short-term and long-term goals.
While the official announcement will come in October, the IRS contribution limit for retirement accounts will likely be a modest $500 increase for 2024, according to a new Milliman report.