A Double Shot of Joe: Insights from Joe Lawler on Healthcare Solutions
Cup of Joe | Ep. 5 – May In the bustling city of Newport, RI, amidst the buzz of the 2024 Difference Card growth conference, Joseph Donovan, CEO of The Difference Card, sat down with Joseph Lawler of USI Insurance Services for an enlightening conversation. The fifth episode of Cup of Joe podcast series brought […]
Leer másWhat Is an ICHRA and How Does It Work?
What Is an ICHRA and How Does It Work? An individual coverage health reimbursement arrangement (ICHRA) is a flexible health benefits option, and it’s growing in popularity in 2024. It allows employers to reimburse employees for a portion or all of their health insurance premiums. Compared to traditional group plans, ICHRA health insurance suits employees […]
Leer másCommon Misconceptions of the MERP
Common Misconceptions of the MERP According to the latest statistics from the American Medical Association, each person in the U.S. spends an average of $13,493 on healthcare in 2022. That’s a significant portion of many employees’ annual salaries. Businesses that cover part of these medical expenses help encourage employee loyalty while helping staff prioritize their well-being. As […]
Leer másHSA Limits: Maximizing Healthcare Savings
HSA account holders are now be able to contribute more money to their HSA . The HSA contributions limits are adjusted for inflation each year, and HSA annual limits are released every April or May by the IRS. HSA Contribution Limits The HSA contribution limits for 2025 have been adjusted to reflect the cost of […]
Leer másNew Jersey Public Entities See Healthcare Savings by Using The Difference Card Solution with the SHBP
Difference Card HRAs lower payroll deductions and improve benefits in New Jersey If you’re in the State Health Benefit Plan for New Jersey, then you’ve felt the pain of exorbitant health care costs increases over the past 18 months. You’ve paid almost 30% more for the same exact health insurance plan that you had in […]
Leer másSpotlight of the Month on Difference Card Broker Partner, Caleb Howland
Congratulations to Caleb Howland, of USI, for being named the Difference Card Broker Partner of the Month for May 2024! Caleb Howland is a Senior Employee Benefits Advisor for USI in their Fort Lauderdale, Florida office. Caleb recently worked with Senior Consultant Oldemar Da Silva from The Difference Card’s Southeast Team to help a food […]
Leer másMay Case Study: The Difference Card Helps the Borough of Dunellen to Save -15% worth $131,020 annually!
The Borough of Dunellen is a municipality in the state of New Jersey. The public entity has seen their health insurance costs rise by over 30% in the past few years and were spending close to $900,000 annually in healthcare costs. While other municipalities were raising taxes to cover the increases, Dunellen chose to work […]
Leer más