health | Insurance news

Report Finds Weight Loss Drugs Key Driver of 2025 Health Care Cost Increase

September 4, 2024
Agent7

A recent Business Group on Health (BGH) survey found that heightened interest and spending on glucagon-like peptide-1(GLP-1) drugs is a major driver of rising health care costs in 2025. Americans’ interest in GLP-1 drugs is increasingly pressuring employers’ budgets. On average, GLP-1 treatment costs around$1,000 per individual each month. The medications were traditionally used to […]

Open Enrollment 2025 – Health Savings Accounts (HSAs)

August 13, 2024
Agent7

Employers who sponsor high deductible health plans (HDHPs) that are compatible with health savings accounts (HSAs) should prepare for open enrollment by: Ensuring that employees understand how HSAs work, including the benefits of opening an HSA; and Updating their HDHP’s design and communicating any plan changes to employees. There are many advantages to selecting an […]

Using HSAs, Health FSAs and HRAs for Over-the-Counter Items

July 30, 2024
Agent7

Health savings accounts (HSAs), health flexible spending accounts (FSAs) and health reimbursement arrangements (HRAs) may provide tax-free reimbursements of certain over-the-counter (OTC) items. OTC items are generally available to consumers without a prescription. To be reimbursable, an OTC item must be for “medical care,” as defined under Internal Revenue Code (Code) Section 213(d). Medical care […]

UVM Health Network Ransomware Attack

July 17, 2024
Agent7

In October 2020, the University of Vermont (UVM) Health Network—a six-hospital health care organization that serves over 1 million patients throughout Vermont and upstate New York—discovered that its systems had been compromised by cybercriminals in a ransomware attack. This incident led to major disruptions across the organization’s infrastructure, shutting down critical technology and delaying patient […]

Anxiety Now Top Employee Mental Health Issue

June 10, 2024
Agent7

Anxiety has reached unprecedented levels among U.S. workers, according to new data, now topping the list as the number one mental health issue impacting the American workforce. An analysis of over 300,000 mental health cases nationwide showed that nearly one quarter — 24% — sought assistance for anxiety in 2023. That positions anxiety above depression, […]

Report Finds Weight Loss Drugs Key Driver of 2025 Health Care Cost Increase

Open Enrollment 2025 – Health Savings Accounts (HSAs)

Using HSAs, Health FSAs and HRAs for Over-the-Counter Items

UVM Health Network Ransomware Attack

Anxiety Now Top Employee Mental Health Issue

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