Whether it's planning for future health care needs or managing medical expenses, a higher number of workers with high deductible health plans are opening health savings accounts, according to Fidelity.
A bipartisan group of lawmakers reintroduced the PASTEUR Act, aimed at encouraging drugmakers to develop antibiotics and antifungal drugs to confront the growing threat of drug-resistant bacteria and fungus.
As the COVID emergency ends on May 11, the Departments of Health and Human Services, Labor and Treasury have issued guidance for employers with regard to COVID vaccine and test costs, telehealth and mental health parity.
Most Gen Xers (80%) wish they started saving earlier for retirement, while 67% started saving after age 30 and even more (20%) have never saved for retirement, according to a new survey.
At the committee level, there is a lot of bipartisan activity for health care reform for 2023 that includes PBM reforms and insulin caps in the commercial market, as well as regulatory guidance on the new retirement bill SECURE 2.0.
"Finding qualified employees remains the overwhelming challenge facing all small business clients but has lessened from September," according to the ADP Research Institute.
"The disruption and fragmentation that have characterized health care over the past year are clearly reflected in the perspectives of both consumers and plan sponsors," the study concludes
When the public health emergency ends on May 11, the HHS - which announced a transition period for providers to come back into compliance after three years - will not impose penalties on unsecure video chats or FaceTime until August 9.
Employers often cite wanting to help older workers close to the end of their working years as a main reason for offering in-plan benefits, while enhancing negotiating power with recordkeepers is another reason, says a survey.