Employee health insurance premiums at most companies differ only by family size and type of plan (for example, deductible amount). At some companies, though, another factor is taken into account—salary. Meaning that employees who earn less, pay lower insurance premiums. Several companies like GE and Pitney Bowes have based insurance premiums on employees’ salaries for Read More >>
What is managed care?
Posted on September 23, 2016
What is Managed Care? Managed care is essentially a system by which health care costs are controlled while still maintaining high quality care for the patient. This generally means that a party other than the doctor or patient (such as an employer or insurance company) influences the medical treatment provided by controlling the Read More >>
Health Savings Account (HSA) Contribution Limits for Spouses
Posted on September 9, 2016
Federal tax law imposes strict limits on how much can be contributed to a health savings account (HSA) each year. The maximum contribution limit generally depends on whether an HSA-eligible individual has self-only or family coverage under a high deductible health plan (HDHP). Individuals who are age 55 or older by the end of the Read More >>