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CMS Releases 2024 Projected Medicare Part D Premium and Bid Information
Posted: October 4, 2023
The Centers for Medicare & Medicaid Services (CMS) today announced that the average total monthly premium for Medicare Part D coverage is projected to be approximately $55.50 in 2024. This expected amount is a decrease of 1.8% from $56.49 in 2023. Stable premiums for Medicare prescription drug coverage in 2024 are supported by improvements to the Part […]
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Benefits 101: What Is Open Enrollment?
Posted: September 25, 2023
For millions of Americans, the end of the year is open enrollment season – a yearly opportunity to take stock of your health care needs and select the health insurance plan that works best for you. It is a window of time – typically in the fall – when you can sign up for health […]
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HR News Roundup
Posted: September 19, 2023
Slowing Jobs and Payrolls Growth Earlier in the week, LinkedIn shared news from Bloomberg, which is behind a paywall, that although private payrolls grew by 177,000 in August, according to ADP, it was the slowest growth in five months. In addition, other data showed the slowest jobs growth in more than two years. By week’s end, the Jobs […]
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The Return of Student Loans: Ease Your Employee’s Anxiety
Posted: September 12, 2023
In the U.S., the outstanding balance is $1.75 trillion in student loan debt. Approximately 55% of students from public four-year universities have student loans, with a balance of $37,338 owed per borrower. Beginning in October, workers nationwide will need to resume payments on their student loans for the first time since March 2020. The pandemic-related […]
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8 Unique Benefits Employers Are Offering to Attract Talent in Asia-Pacific
Posted: September 7, 2023
If the so-called Great Resignation taught us anything, it’s that employees are looking for more than just a salary when it comes to their jobs. Employee benefits have a crucial part in enhancing engagement, attracting new employees, and retaining top talent. Employee benefits refer to any form of compensation that employees receive in addition to their base […]
