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America’s Health Insurance Plans Reports Increases in HSA Plans

America’s Health Insurance Plans Reports Increases in HSA Plans

by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates

By: Connor Strong and Buckelew March 8, 2017 According to a new report from the America’s Health Insurance Plans (AHIP), enrollment in health savings account (HSA) plans topped 20 million last year. Over the last decade, enrollment in HSA-compatible high-deductible...
HSA’s Over 401(K)S for Retirement Readiness?

HSA’s Over 401(K)S for Retirement Readiness?

by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates

By: David Armstrong | Mar 20, 2017 Health Savings Accounts can play a far more important role in retirement planning than they currently do, according to a group of advocates at the National Association of Plan Advisors annual summit. The...
2017 Milliman Medical Index on Changes in Healthcare Costs for Employers

2017 Milliman Medical Index on Changes in Healthcare Costs for Employers

by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates

According to the actuarial consulting firm Milliman and their 2017 Medical Index Research Report, for 2017 the cost of healthcare for a typical American family of four covered by an average employer-sponsored preferred provider organization (PPO) plan is $26,944....
Continued Cost Escalations in 2017 According to New Survey Data

Continued Cost Escalations in 2017 According to New Survey Data

by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates

According to UBA’s 2017 group benefit survey results, premium renewal rates for employer-sponsored health plans increased at an average of 6.5% for 2017 plans. Their prior year survey results revealed this was a significant increase from the five-year average...
44% Of Employees Don’t Know Value of Health Plan Benefits

44% Of Employees Don’t Know Value of Health Plan Benefits

by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates

By: Thomas BeatonNovember 13, 2017 – Employers must increase their efforts to educate members about the value of their health plan benefits based on recent findings that only 44 percent of employees fully comprehend their benefits. That is the leading...
Control Your Company’s Healthcare Costs With a Self-Funded Program

Control Your Company’s Healthcare Costs With a Self-Funded Program

by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates

By Michael Schroeder January 2, 2018New Year’s resolutions often focus on areas of self- improvement. Whether weight loss, generosity or religious commitment, one’s New Year’s goals look to improve how we are living our daily lives. How do these new-found objectives...
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