Monthly Archives: October 2023

Employee Family Coverage Benefits

Employer-sponsored Health Insurance Premiums Rose

Family Coverage Costs Nearly $24,000 in 2023 The Kaiser Family Foundation’s (KFF’s) 2023 Employer Health Benefits Survey revealed that workers and employers alike are paying more for job-based health insurance this year. In 2023, the average premiums for employer-sponsored health insurance were $8,435 for single coverage and $23,968 for family coverage. The average single and…

Read More →
PCORI Fees Adjusted

PCORI Fee Amount Adjusted for 2024

Key Facts Covered PlansThe PCORI fees generally apply to insurance policies providing accident and health coverage and self-insured group health plans. Applicability DatesThe PCORI fee applies to plan or policy years ending on or after Oct. 1, 2012, and before Oct. 1, 2029. Payment DeadlinePCORI fees are due for plan or policy years ending in…

Read More →
New Key Medicare Trends for 2023

5 Key Medicare Trends for 2023

Medicare is a federal health insurance program for individuals ages 65 and over, regardless of income, health status or medical history. Medicare plays a vital role in providing health care and financial security to older Americans. Employers can also help by providing supplemental benefits to Medicare enrollees. This is becoming more important as a growing…

Read More →