Excepted-benefits health plans provide typically tax-exempt reimbursement to select employees and their eligible dependents for virtually all medical costs not covered by their primary health plans.
Small- to mid-sized businesses have long struggled with attracting and keeping top talent, primarily due to their general inability to afford compensation packages that include optimal health care benefits, in addition to a competitive base salary. This is evermore the case in the aftermath of COVID-19, which has caused an earthquake in the U.S. workforce, job market and how companies operate in their provision of employee benefits.
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