Get In Touch
Author: LR Webber
-
Benefits Insights: Key Drivers of 2025 Health Care Cost Increases | Pennsylvania Benefits Team
Healthcare costs are projected to increase substantially in 2025. Estimates show a similar growth in spending to 2024, marking multiple years of compounding costs. Specifically, healthcare costs in the United States are likely to increase by 7%-8% in 2025, according to the following data from multiple surveys: Large employers predicted their healthcare costs would rise…
-
The Great Gloom | PA Benefits Consultants
The Great Gloom: A Growing Challenge The term “Great Gloom” may be new, but the decline in employee engagement is a longstanding issue. Recent data shows a significant drop in employee happiness; employee engagement in the U.S. has dropped to its lowest level in more than a decade. Root Causes of the Great Gloom Return-to-Office…
-
Know Your Insurance: Factors That Affect Your Home Insurance Premiums r | Pennsylvania Benefits Partners
Home insurance coverage can differ from policy to policy depending on a multitude of factors. Being aware of these factors that affect your premium can ensure that you are appropriately covered. Review this Know Your Insurance to understand the factors that are influencing your home insurance premiums. Your Personal Information Your credit history, claims history…
-
Benefits Breakdown December 2024 | Pennsylvania Benefits Consultants
Mercer Report Projects 5.8% Health Benefits Cost Increase in 2025 U.S. employers estimate health benefit costs will increase by 5.8% in 2025, according to Mercer’s 2024 National Survey of Employer-sponsored Health Plans. This would mark the third consecutive year that the total cost per employee rose more than 5%. The report attributed the higher costs to…
-
Battling Holiday Depression: Tips to Avoid a Blue Christmas | PA Employee Team
For some, the lyrics “with those holiday greetings and gay happy meetings when friends come to call, it’s the hap-happiest season of all” stirs happy memories of Christmas caroling. However, for others, the holidays can be one of the most stressful and isolating times of the year. The season often brings a whirlwind of demands—shopping,…
-
2025 Employee Benefit Limits: What You Need to Know | PA Employee Benefits Agency
Many employee benefits are subject to annual dollar limits that are adjusted for inflation. For 2025, most of these limits have increased. Key Benefit Limits for 2025: Health Savings Account (HSA) Contributions Single Coverage: $4,300 (up $150 from 2024) Family Coverage: $8,550 (up $250 from 2024) Catch-up Contributions: $1,000 HDHP Minimum Deductible Single Coverage: $1,650…
-
ER vs Urgent Care: How to Choose the Right Care for Your Medical Needs | Pennsylvania Benefits Group
All too often, illness or injury appears out of the blue: You wake up in the middle of the night with intense abdominal pain. Or your baby spikes a high fever on the weekend. These situations are stressful and it’s hard to think when you’re under stress. But you need to decide where to go…
-
The Future of Defined Contribution Plans | PA Employee Group
Defined contribution (DC) plans have become a cornerstone of retirement planning for many employees. As the landscape of retirement savings continues to evolve, thought leaders in the field are providing valuable insights into the future of these plans. Here are some key trends and considerations shaping the future of defined contribution plans: Personalization and Customization…
-
Gag Clause Attestation Deadline | PA Benefits Group
As the year comes to an end, a crucial compliance deadline looms for employers with health plans. Under the Consolidated Appropriations Act (CAA), health plans and insurance issuers must submit a Gag Clause Compliance Attestation by December 31, 2024. Since its enactment in 2020, this regulation prohibits health plans from including gag clauses—provisions that limit…
-
FSA Contribution Limits for 2025
On October 22, 2024, the IRS announced that the limit on employees’ salary reduction contributions to a health Flexible Spending Account (FSA) will increase to $3,3000 for plan years beginning in 2025. This is an increase from the 2024 limit of $3,200. By understanding the latest contribution limits, individuals can better plan for 2025 and…
Blog