U.S. employers are expecting their group health insurance costs to climb 4.4% in 2021, despite the ravages of pandemic and a likely uptick in health care usage next year, according to a new survey. The expected rate increases are on par with much of the last few years when insurance premium inflation has hovered between [...]
While most business owners and executives have been fretting about the COVID-19 pandemic and the effects on the economy and the survival of their business, now is a good time to conduct a review of group health plans in light of changes and new rules for 2021. Here are some of the main changes that [...]
A study has come out predicting that COVID-19, as devastating as it has been, will have little effect on 2021 group health plan rates, as well as offerings. The study, by eHealth Inc., also found that many insurers have increased utilization of telemedicine and that many of them are extending benefits related to coronavirus testing [...]
Some health insurers are helping business workers in group plans maintain employee benefits during the COVID-19 pandemic, a new survey has found. Social distancing and stay-at-home orders have put the hurt on hundreds of thousands of businesses across the country, which has forced them to reduce employees' hours, furlough them or lay them off. Besides [...]
