JD Supra February 23, 2022
Woodruff Sawyer’s “Mission to More” series leads you through today’s Benefits news and serves as a guide for everything from competitive programs to compliance. In this second blog post, Marc Strickland demonstrates how both employers and employees can benefit from new price transparency regulations. These new rules will create a different paradigm, establishing an environment where engagement, literacy, and action are realistic outcomes.
As healthcare costs increase, how are employers and employees expected to keep up?
It’s no secret that healthcare premiums are on the rise. PwC’s Health Research Institute found that medical costs rose 7% in 2021 and are projected to increase 6.5% in 2022, compared to pre-pandemic increases of 5.5%-6.0%. In addition, the Kaiser Family Foundation (KFF) found...
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