Attract, retain, and protect talent; safeguard your bottom line. Credit monitoring. Social media review. Dark web surveillance. PrivacyArmor is the employee benefit that maintains your staff’s — and your company’s — privacy and security. Proactive alerts and notifications help stop identity theft at its first sign. And with a $1 million identity theft insurance policy, your employees can […]
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Trump Signs Executive Order to Increase Health Care Price Transparency
President Donald Trump signed an executive order designed to increase pricing and quality transparency in healthcare. This move aligns with measures that the Trump administration has taken in order to address rising health care costs across the nation. In May, the Department of Health and Human Services (HHS) announced a rule that would require drug […]
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HSA Limits for 2020
Each year the IRS announces inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs). The limits affected include: The maximum HSA contribution limit The minimum deductible amount for HDHPs The maximum out-of-pocket expense limit for HDHPs. Each limit varies based upon whether an individual as self or family coverage. In 2020, […]
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Trump Announces Plan to Combat Surprise Medical Billing
In a speech on May 9, 2019 President Donald Trump criticized the practice of surprise medical billing, and the president announced a general plan of attach and hinted at a few specific items for curbing the trend. This speech aligned with the administration’s American Patients first initiative which created a blueprint for lowering consumer health […]
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Webinar: Save Money with Humana’s New On-Hand Program
In this Webinar: Humana has partnered with Doctor on Demand to pilot its first level-funded virtual health plan. On Hand Level Funded Plan Highlights Include: • Groups of 5-50 eligible • $0 Primary Care through Doctor on Demand • $0 Preventive Care • $5 Copay at Labcorp and Quest […]
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Pros and Cons of Reference-Based Pricing
With health care costs continuing to rise, employers are seeking new options to lower expenses. One strategy that has recently emerged is Reference-Based Pricing (RBP). This pricing enables you to choose the best option for your health and budget, while illuminating potentially unnecessary costs. How does Reference-Based Pricing Work? RPB works by setting spending limits […]
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Webinar: Maximize Healthcare Savings with Reference-Based Pricing
Join us as we discuss how to maximize healthcare savings with Reference-Based Pricing by GPA. GPA delivers a plan to achieve the best possible outcomes for employers and members by paying only the provider cost plus a reasonable margin. With such key components as stop-loss coverage and co-fiduciary protection, GPA successfully utilizes internal systems to supply […]
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Is Your Section 125 Plan Up to Date?
A Section 125 plan, or a cafeteria plan, allows employers to provide their employees with a choice between cash and certain qualified benefits without adverse tax consequences. Employees who participate in a cafeteria plan can pay for qualified benefits, such as group health insurance, on a pretax basis. This reduces both the employee’s and the […]
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2019 Health Plan Compliance Deadlines
We understand it can be hard to keep up with changing deadlines and requirements. This compliance over explains key 2019 compliance deadlines for employer-sponsored group health plans. 2019 Health Plan Compliance Deadlines
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What Are Your Top Benefits Challenges?
At Faison Group Benefits, we understand your day-to-day activities involve a variety of challenges. We are here to help you tackle those tasks. We have identified some of the major pain points organizations have been dealing with, and have the tools and expertise to get you started on a path to employee benefits success. Top […]