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Are Your Healthcare Benefits Contributing to the Labor Shortage? | JRW Associates, Inc., a Raleigh Benefit Advisory

Employee benefits are a major bargaining chip for companies looking to attract talent. The problem is healthcare costs are skyrocketing, and it’s difficult for employers to offer the same level of coverage. Higher costs are either resulting in less coverage or smaller wages for employees. Find out what’s happening with healthcare and recruitment, and get … Continued

4 Things to Consider When Comparing Medicare Plans | JRW Associates, Inc., a Raleigh Benefit Advisory

Comparing Medicare health and prescription drug plans can be complicated. Keep in mind these 4 things to make your plan choice easier with the Medicare Plan Finder. Total cost for care. It’s important to think about your total out-of-pocket costs, including deductibles, copayments, coinsurance, maximums, and drug costs, that you’ll pay with a Medicare health or drug plan. When … Continued

CMS Publishes 2020 Benefit Payment and Parameters Final Rule | JRW Associates, Inc., a Raleigh Benefit Advisory Firm

The Centers for Medicare and Medicaid Services (CMS) published its final rule and fact sheet for benefit payment and parameters for 2020. Although the final rule primarily affects the individual market and the Exchanges, the final rule addresses the following topics that may impact employer-sponsored group health plans: The 2020 maximum annual limitation on cost sharing is $8,150 for … Continued

Ask the Experts: Executive-Only Medical Plans | JRW Associates, Inc., a Raleigh Benefit Advisory Firm

Question: Our company offers group medical and dental plans for all employees. We also have an executive-only medical plan that covers out-of-pocket expenses that the regular group plan does not pay. Does COBRA apply to the executive-only plan? Do we have to include it in our summary plan description (SPD)? Answer: The coverage continuation requirements of the … Continued

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Raleigh Office:
5510 Six Forks Road
Suite 260
Raleigh, NC 27609

Phone
919.571.0883

Email
info@jrwassoc.com