Announcing Our Partnership with the Arbor Day Foundation
The Difference Card is committing to a sustainable partnership for the future. Climate change is the biggest challenge facing the health of our planet. And while it will take many solutions working together to make a difference, trees are a proven, natural approach that can be implemented quickly to pull carbon dioxide out of the […]
Read More52 Motivational Quotes for HR
A recent Gallup study shows that Employees work 20% better when motivated and are 87% less likely to resign. Motivated Employees are found to continuously search for ways to improve productivity and ensure efficiency within the workplace. The same study found that highly engaged teams see an increase in profitability by 21%. Here at The […]
Read MoreJanuary Case Study: Technology Client Saves $901,347 on Renewal!
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a technology company build the most cost-effective healthcare plan for their January renewal. The client was receiving a 20% renewal increase from Cigna. The firm’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal, while […]
Read MoreHealth Savings Account Telehealth Flexibility Signed Into Law
A two-year extension to the CARES ACT provision allows telehealth services to be covered by HSA-qualified HDHPs before meeting the deductible In December, Congress passed an end-of-the-year $1.7 trillion omnibus spending package. President Biden signed the spending package into law, setting into motion many healthcare policy changes. Included in these policies priorities- the extension of […]
Read MoreSpotlight of the Month on Difference Card Broker Partner, Joanna Wolf
Congratulations to Joanna Wolf, of HUB, for being recognized as the Difference Card Broker Partner of the Month for December 2022! Joanna Wolf is a Vice President at HUB International in the Pittsburgh, Pennsylvania market. Joanna partnered with Rachel Wilburn from The Difference Card team to help several employers reduce their health insurance renewals, while […]
Read MoreIncreased Interest Rates for Difference Card HSAs Will Take Effect January 1, 2023
The Difference Card is committed to providing our partners with market-leading HSA solutions. In this spirit, we are pleased to announce that higher interest rates are coming to all Difference Card HSA account holders. This change benefits account holders with HSAs custodied by Difference Card, for both the Traditional and High-Yield interest options. Discover Our […]
Read MoreDecember Case Study: Charter School Client Saves $179,075 on Renewal!
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, the Difference Card helped a charter school build the most cost-effective healthcare plan for their December renewal. The client was receiving a 43.5% renewal increase from Highmark BCBS. The firm’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal, […]
Read MoreSpotlight of the Month on Difference Card General Agent Partner, Michele Dilanni Gentile
Congratulations to Michele Dilanni Gentile, of BenefitMall, for being recognized as our Broker and General Agent Partner of the Month for November 2022! Michele Dilanni Gentile is a Key Account Manager at BenefitMall in the New York market. Michele partnered with Emily Coughlin from The Difference Card team to help a nonprofit employer group with […]
Read MoreHow to Offer and Set up an HSA for Employees
Traditional group health insurance costs have risen steadily over the years, making high deductible health insurance plans with health savings accounts (HSA) a more attractive option for employers and their workers. Many companies are beginning to offer employer-sponsored HSAs to help employees cover healthcare costs. HSAs are a type of personal savings account individuals can […]
Read MorePCORI Fees Announced for 2023 for Self-Insured Health Plans
Patient-Centered Outcomes Research Institute (PCORI) Fees Updated by IRS On November 14, 2022, the IRS released Notice 2022-59 which updated the amount of the Patient-Centered Outcomes Research Trust Fund fee that self-insured health plans must pay for plan years ending on or after October 1, 2022, and before October 1, 2023. The applicable dollar amount […]
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