Employee-Paid

The 2020 law, which allows for price transparency in medical billing, has been largely successful in protecting consumers, though gaps remain, say stakeholders.

Doctors were confronted by new and often hard-to-diagnose symptoms, and insurers took longer to process claims related to post-COVID conditions.

With health care spending expected to increase 10% in the next three years, the case for reference-based pricing is growing, while employers with at least 100 employees should also be looking at self-funding.

The average cost of medical coverage (regardless of plan type) is $5,330 for single coverage and $13,998 for family coverage, with employers contributing 72% toward the cost of single coverage and 70% for family coverage, says a new report.

Creating a system for portable benefits is really quite simple - they are simply benefits attached to the individual employee, instead of the employer.

After analyzing 600,000 retirement plans with $8 trillion in assets covering 96 million workers, the 401(k)s at certain industries have best weathered the COVID pandemic, according to a new report from Judy Diamond Associates.