With significant changes coming in 2025 to creditable coverage determinations, employers and employees may have questions on what that means for them, whether they make the decision to enroll in Medicare Part D or continue to have coverage under their group health plan.
September 5, 2024
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If you don’t have expert assistance to guide you and your organization in the in using a sophisticated benefits portal, you’re wasting a lot of the money your business has invested — and probably frustrating the employees you mean to serve. Working with a brokerage that offers not only a leading-edge benefits portal but also year-round support and services enables your employees to seamlessly access, understand and navigate the portal, creating a positive benefits experience.
September 5, 2024
Find out more In 2003, the Medicare Prescription Drug, Improvement, and Modernization Act (MMA) added a voluntary prescription drug benefit to the Medicare program. The benefit, known as Medicare Part D or “Part D,” is an optional program for Medicare beneficiaries to access covered prescription drugs at a lower cost. In 2022, the Inflation Reduction Act (IRA) was signed and set into motion changes to Part D benefits, with additional impact on employers in 2024 and 2025.
September 5, 2024
Find out more Despite pressure from medical inflation, increases in fee schedules on medical procedures and wage inflation affecting premiums and benefits, Workers’ Compensation remains a stable and profitable line for insurers. This stability allows buyers favorable conditions, such as ample capacity and stable rates. However, a new trend is emerging: the inclusion of mental health claims as compensable workers’ compensation.
August 28, 2024
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Based on a survey of more than 1,040 organizations across the U.S., Alera Group’s 2024 Healthcare and Employee Benefits Leave Report provides insights into how businesses of different sizes, industries and regions are addressing employee leave, including holidays, vacation time, sick leave and other paid leave for common life events.
August 8, 2024
Find out more It’s common for a plan sponsor to sometimes change their ERISA plan year.
August 6, 2024
Find out more Effective January 1, 2025, Medicare Part D prescription drug benefits will be changing.
August 6, 2024
Find out more Many employers recognize the importance of offering extended leave options to their employees, but there are many things to consider when creating these policies.
August 6, 2024
Find out more Join Alera Group on Thursday, August 15, for “Driving Communications and Engagement: Open Enrollment,” an Engage series webinar on effective, year-round benefits communications — beginning with the all-important run-up to Open Enrollment.
August 2, 2024
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