The modern day employer benefits industry was born with the passage of The 1942 Stabilization Act. sometimes referred to as the “Inflation Control Act”. It amended The Emergency Price Control Act earlier that year that froze wages. This amendment allowed some of those frozen wage increases to be replaced by health and other [...]Denny Weinberg
When it comes to worker health benefit choices we make each year, we have been programed to think… “First I have to make sure my local hospital is in the plan’s network.” Is this really as critical as we have been led to think (and worry) about? Consider these five important dynamics, drawn from analyzing [...]Denny Weinberg
According to a recent survey by Employee Benefit Research Institute (EBRI) employers are inadvertently contributing to financial stress for their workers and dependents as they struggle to afford to offer health benefits. But I see a more important takeaway from EBRI’s findings.: Today, most employers are left with few options to [...]Denny Weinberg
New coverage features such as Hixme’s Copay Cap™ can arm you against this insatiable monster Soaring prescription drug prices shock but do not surprise us. How have we come to this? And what can you do about it? How bad is it? According to the GoodRx Blog: The cash price for the average brand-name prescription drug has increased [...]Tammy Olson
The wise adage: “the numbers speak for themselves” has perhaps rarely been more true than for companies struggling to characterize health coverage as a “benefit” to all workers. No wonder. According to the Kaiser Family Foundation 2017 Employer Health Benefits Survey, the average cost of family health coverage [...]Denny Weinberg
Is personal benefit ownership and broad choice the new key to attract and retain workers? Trends say yes!
by Denny Weinberg, Hixme CEO Finding new ways to keep workers happy and feeling cared for is a never-ending pursuit for employers — particularly in the face of the volatile health care climate and 16 years of health care inflation at three times the cost of wages (per Kaiser Health Care Foundation Survey of Employers). Controlling [...]Denny Weinberg