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July 2014
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Employers turn to wellness to fight costs

Wellness wins.

 

A new study released Tuesday by the Society for Human Resource Management during the organization's annual conference.

According to the report - sponsored by Colonial Life - employers are investing financially in wellness in hopes of decreasing their long-term health care costs.

"[Employers] are in an environment where they have to make tough choices," Evren Esen, director of SHRM's survey programs, said during a press briefing here.

"As they think about the adjustment they're making in benefits, they're strategizing how to get the biggest bang for their buck,"Read More  

I.R.S. Bars Employers From Dumping Workers Into Health Exchanges

 

Many employers had thought they could shift health costs to the government by sending their employees to a health insurance exchange with a tax-free contribution of cash to help pay premiums, but the Obama administration has squelched the idea in a new ruling. Such arrangements do not satisfy the health care law, the administration said, and employers may be subject to a tax penalty of $100 a day - or $36,500 a year - for each employee who goes into the individual marketplace.Read More

Hospital Charges Surge for Common Ailments, Data Shows

 

Charges for some of the most common inpatient procedures surged at hospitals across the country in 2012 from a year earlier, some at more than four times the national rate of inflation, according to data released by Medicare officials on Monday.

While it has long been known that hospitals bill Medicare widely varying amounts - sometimes many multiples of what Medicare typically reimburses - for the 

same procedure, an analysis of the data by The New York Times shows how much the price of some procedures rose in just one year's time.

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Denise M. Caven  
Willwerth, Caven & Associates, Inc.
Employee Benefit Solutions