Choose A Category

Insurance Costs

Continue Reading
+

PROPERTY/CASUALTY MARKET REPORT – Q3 2022

Premiums increased for the 20th consecutive quarter in Q3 2022, with respondents reporting an average premium increase across all account sizes of 8.1%, up from the increase of 7.1% […]
Continue Reading
Continue Reading
+

REMINDER: PCORI FEES

Issue Date: November 2022  In Notice 2022–59, the IRS provided the adjusted PCORI fees for plan years ending in October 2022 through September 2023. Employers who sponsored self-funded medical […]
Continue Reading
Continue Reading
+

PROPERTY/CASUALTY MARKET REPORT – Q2 2022

Premiums increased for the 19th consecutive quarter in Q2 2022, with respondents reporting an average premium increase across all account sizes of 7.1%, compared to 6.6% in Q1. Nevertheless, […]
Continue Reading
Continue Reading
+

2023 “Affordability” Percentage

Issue Date: August 2022 In Revenue Procedure 2022-34, the IRS significantly decreased the affordability percentage from 9.61% to 9.12% for 2023. This percentage determines which applicable large employers may […]
Continue Reading
Continue Reading
+

Transparency Compliance: Machine Readable Files

Background Under the “Transparency in Coverage” Final Rule (TiC), issued in 2020 by the U.S. Department of Health & Human Services, U.S. Department of Labor, and U.S. Department of […]
Continue Reading
Continue Reading
+

PROPERTY/CASUALTY MARKET REPORT – Q1 2022

Premiums increased for the 18th consecutive quarter in Q1 2022, with respondents reporting an average premium increase across all account sizes of 6.6%. However, the rate at which premium […]
Continue Reading
Continue Reading
+

HSA/HDHP Limits Increase for 2023

On April 29, 2022, the IRS released Revenue Procedure 2022-24 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2023. The […]
Continue Reading
Continue Reading
+

Helping You Protect What Matters Most: Life Insurance Day 2022

May 2 marks the anniversary of the first life insurance policy written in the United States—and now it’s nationally recognized as Life Insurance Day. The holiday also serves as […]
Continue Reading
Continue Reading
+

PROPERTY/CASUALTY MARKET REPORT – Q4 2021

Premiums increased for the 17th consecutive quarter in Q4 2021, with respondents reporting an average premium increase across all account sizes of 8.7%. Prices increased for all lines of […]
Continue Reading
Continue Reading
+

2022 Employee Benefits Market Outlook

To say the last couple of years have been unprecedented would be an understatement. Due to the COVID-19 pandemic, virtually every aspect of the workplace has changed. Many employers […]
Continue Reading