Month: December 2022
Following recent announcements by both the IRS and the Social Security Administration, we now know most of the dollar amounts that employers will need in order to administer their benefit plans for 2023.
New COVID-19 cases in Clark County and statewide continued to increase this week but at a slower rate, while hospitalizations dipped, new state data shows.
The Biden administration on Wednesday proposed a ban on misleading ads for Medicare Advantage plans that have targeted older Americans and, in some cases, convinced them to sign up for plans that don’t cover their doctors or prescriptions.
State officials are urging Nevadans to take advantage of low-cost health insurance plans available on the marketplace created through Obamacare, touting a multi-year extension of government subsidies approved over the summer through the Inflation Reduction Act.
A dental insurance reform bill has been filed by Senator Heidi Seevers Gansert (R-Reno) to raise the requirement that insurance companies must spend on patient care. If passed, at least 80 percent of the money dental insurance companies collect from patients must be spent on dental care or patients get the difference back. This change ...
Americans’ out-of-pocket health spending rose 10.4% in 2021, a growth rate not seen since 1985 that was driven in part by demand for dental services, eyeglasses and medical supplies, according to Centers for Medicare and Medicaid Services’ annual National Health Expenditures report. The big picture: Overall health spending grew by only 2.7%, a much smaller rate than ...
Nevada has fast-tracked its application process for a temporary nursing license in an effort to ease the current shortage of pediatric nurses, officials said this week. The Nevada State Board of Nursing can now issue a temporary Nevada license within a couple hours to a nurse already licensed in another state, executive director Cathy Dinauer ...
In an environment of high inflation, health insurance costs are doing the opposite: They’ve begun to deflate, and are poised to continue dropping each month until fall 2023, economists predict. Health insurance prices fell by 4% in October and 4.3% in November, according to the consumer price index, a key measure of inflation. By comparison, the ...
Each year brings annual compliance responsibilities to employers regarding their health plans, federal Affordable Care Act (ACA) compliance, and COBRA responsibilities. It’s important for employers to be aware of – and adhere to – these responsibilities, supported by their health insurance brokers.
Analysts at Mercer polled more than 2,000 employers representing 124 million full-time and part-time employees and found that they expect benefits costs to increase by 5.4% next year. And they're expecting faster cost growth to continue in the near future, according to the survey.