In the U.S., healthcare costs are rising faster than inflation, with health spending reaching $4.9 trillion in 2022 alone. Small business owners experience climbing premiums, while employees struggle with out-of-pocket costs. Failing to navigate complex tax laws correctly can lead to missing significant savings. The Internal Revenue Code’s (IRC) Section 105 offers a good solution. Different plan structures […]

Healthcare costs continue to climb. These price jumps put pressure on you, as an employer, to make difficult decisions about your benefits strategy. The traditional approach has been straightforward, with group health insurance with fixed premiums and standardized coverage being the norm. As costs rise, more organizations are exploring cost-saving strategies such as high-deductible health […]

A medical expense reimbursement plan (MERP) offers many benefits to employers and employees. Employers can lower healthcare costs and adjust their plans each year, while employees can still get the right level of care. However, as single and family coverage premiums rise, organizations have been forced to explore structurally sound solutions to this issue. A […]

The cost of health insurance can have a significant impact on small businesses. Finding a comfortable balance between keeping costs down and providing the healthcare benefits your employees deserve is essential for employee retention. Introducing strategic funding is a viable way to pay for healthcare benefits rather than high-priced insurance plans. This guide explains how […]

In 2024, the average annual premiums for employer-sponsored health insurance cost $8,951 for single coverage, a 6% rise from the previous year. For family coverage, this figure was $25,572, 7% higher than the previous year. This trend of rising medical costs looks set to continue into 2026. Considering these price increases, it’s not surprising that many employers […]

Insurance brokers are essential in helping employer clients navigate the complex world of health insurance benefits. Employers will want to offer competitive benefits that attract and retain top talent while benefiting the business. Understanding the nuanced difference between a Medical Expense Reimbursement Plan (MERP) and an Individual Coverage Health Reimbursement Arrangement (ICHRA) will help you […]

Knowing how to manage a Medical Expense Reimbursement Plan (MERP) in compliance with federal regulations is important for helping your clients maintain the financial benefits of the healthcare program. As an insurance broker, you should be up to date with the latest compliance rules associated with your MERP employer group plan. This comprehensive guide explores how […]

As healthcare costs rise, companies need options to help their employees afford quality care while minimizing employer expenses. Medical Expense Reimbursement Plans (MERP) are among the insurance producer’s most effective tools for creating win-win group coverage solutions, but they’re also among the most misunderstood healthcare products. Whether you want help understanding MERP products or explaining […]

Health insurance costs have been rising for years, and experts predict the trend will only continue. Many businesses are turning to other health insurance benefits, like self-funded health insurance plans and medical expense reimbursement plans (MERP)), to lower their spending. Self-funded and MERP products are both employer-sponsored health plans under Section 105 of the Internal Revenue Code (IRC). […]

Health insurance is a major consideration for employees. Businesses looking to hire and retain the best talent need to offer competitive benefits to motivate their team. But how do you offer affordable healthcare without driving up your expenses? Insurance producers can provide businesses with alternative insurance packages to make it easier to offer their employees […]