Author: Scott Welch
Inflation is forcing older American workers to delay their retirement, leading to higher benefits costs for employers, stalled career progress for younger workers, and reduced morale and mental health for team members, according to new research from the Nationwide Retirement Institute.
President Joe Biden signed into law Monday several bipartisan bills including one sponsored by lawmakers to improve health care for rural residents in states such as Nevada.
Historically, large corporations have a recruiting edge over small businesses because of their ability to offer a full range of employee benefit packages and experiences. But, in today’s highly competitive labor market, small businesses are increasingly realizing the importance of competing with the enterprise for employees and adapting to the modern workforce.
Almost three years after the covid-19 pandemic upended workplaces, mental health coverage remains a priority for employers, according to an annual employer survey fielded by KFF.
Plaintiffs in an Affordable Care Act lawsuit are now asking a federal judge to toss all parts of the law requiring coverage of preventive health services.
As 2023 annual open enrollment begins, CMS has received questions regarding changes, including the requirement related to recording calls between beneficiaries and Third-Party Marketing Organizations (TPMOs) and the requirements related to the TPMO disclaimer.
Kaiser Permanente and the National Union of Healthcare Workers announced a tentative agreement Tuesday to end a Northern California mental health workers strike that stretched on for 10 weeks.
Employer-sponsored health plans will likely see premiums increase by an average of 6.5% in 2023. The main driver? A shortage of health care employees, notably nurses. This is forcing health systems to pay more to current employees and offer more to recruit hard-to-find professionals.
The recently enacted Inflation Reduction Act (IRA) includes several provisions aimed at lowering prescription drug prices for those on Medicare and reducing drug spending by the federal government. But these cost reductions for Medicare may lead to employers and their employees paying the price.
The I.R.S. announced one of its largest increases in decades to caps on retirement contributions, allowing workers with access to the plans to save more.