Our UNIQ Blog
Welcome to our blog! We will try and keep you up-to-date on news and regulations happening in the benefits world and share insights we think you can use and apply to your business. Subscribe below to stay abreast on things happening at UNIQ!
The Hidden Impact of Chronic Conditions in the Workplace
Chronic conditions are a growing problem for workers, damaging their well-being, productivity and job satisfaction, according to a new study. The "U.S. Employee Perspectives on Managing Chronic Conditions in the Workplace" poll by the Harvard T.H. Chan School of...
If Medicare Starts Covering Wegovy, Will Private Insurers Follow Suit?
There is a general truth in the health insurance sector: If Medicare and Medicaid are given the green light to cover a certain drug, insurers in the group health and individual health insurance market usually follow suit. The Centers for Medicare and Medicaid Services...
More Workers Miss Work Due to Depression, Anxiety; Employers Can Help
Each year, mental health issues such as depression and anxiety lead to a staggering 12 billion missed workdays globally, according to a new study by Resolute Psychiatry, an online platform that provides virtual counseling. This absenteeism not only affects personal...
Specialty Drugs, Expensive Surgeries Driving Stop-Loss Insurance Costs
Companies that self-insure their group health benefits, or are in partial self-insured plans called level-funding, are likely to see higher stop-loss insurance renewal rates due to the rapidly increasing costs of specialty drugs and cancer surgery claims. Stop-loss...
Most Workers Uncomfortable with Cash-for-Coverage Plans
A recent survey found that the majority of employees prefer traditional employer-sponsored health insurance over receiving cash through an individual coverage health reimbursement arrangement (ICHRA) to buy their own coverage on the Affordable Care Act marketplace....
Employers Wrestling with Fiduciary Benefits Compliance Issues, Leave Laws
A new report has found that employers are increasingly wrestling with two challenges in their human resources departments: growing employee benefits fiduciary liability issues, and administrative difficulties in managing employee leaves. Employers are facing lawsuits...
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