Study: Employer Sponsored Health Plans Generate 47% ROI

Study: Employer Sponsored Health Plans Generate 47% ROI

For every dollar employers spent on health insurance-related costs, they get back $1.47 according to a new study. This figure in fact is expected to grow to 52% by 2026 from 47%. Employee productivity reflects the reductions in absenteeism and presenteeism after receiving employer-sponsored coverage. These productivity increases contributed an estimated $275.6 billion in employer benefits in 2022, or 53.3 percent of all benefits. By 2026, this is expected to rise to $346.6 billion or 55.9 percent of total ROI.

PPE Expenses May Be Reimbursable Under HSA

PPE Expenses May Be Reimbursable Under HSA

PPE Expenses May Be Reimbursable Under Health Spending Accounts – Video During the COVID-19 pandemic, you may have purchased masks or PPE for the purpose of preventing the spread of the COVID-19. Now, according to a recent announcement from the IRS, those purchases...
2022 Open Enrollment Checklist

2021 Open Enrollment Checklist

2021 Open Enrollment Checklist To download this entire document as a PDF, click here: Open Enrollment eBook This Compliance Overview is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice.  Readers should contact legal...

PPP Loans: What You Need to Know Now

Coronavirus Dashboard   Newsletter Sign Up Now     Learn how our PEO Partnership can help your group please contact us at info@360peo.com or (855)667-4621. Put You & Your Employees in Good Hands Get Started Get In Touch For more information on PEOs or a customized...
PPP Flexibility Act Signed

PPP Flexibility Act Signed

24 weeks to spend funds. 60% of the loan on payroll costs. December 31 instead of June 30 covered period. Payback period extended. Call 855-667-4621.

2022 Open Enrollment Checklist

2020 Open Enrollment Checklist

In preparation of 2020 open enrollment, Employers should review their plan documents to confirm that they include these required changes. Learn how our Agency is helping businesses thrive in today’s economy. Please contact us at info@medicalsolutionscorp.com or (855)667-4621. 

Understanding the Labels on Your Thanksgiving Turkey

Understanding the Labels on Your Thanksgiving Turkey

Understanding the Labels on Your Thanksgiving Turkey

Use this cheat sheet to help navigate labels when shopping for your Thanksgiving turkey

From our wellness partner, Cleveland Clinic

Understanding the Labels on Your Thanksgiving Turkey

There’s a lot to consider when shopping for your Thanksgiving turkey. Use this cheat sheet to help you navigate what the labels mean and ask the right questions so you’re bringing home a bird that suits your needs.

1. USDA-certified organic turkey

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This means it was raised without antibiotics or pesticides, fed organic feed and given access to the outdoors. They are usually more expensive than grocery store turkeys and they need to be ordered a couple weeks before Thanksgiving.

2. Heirloom or Heritage turkey

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Specific breeds of turkey that are naturally raised outdoors without hormones or antibiotics. This slower-growing turkey has a little more fat marbling, meaning a richer flavor and texture. These also need to be ordered a week or two ahead of Thanksgiving Day.

3. Conventional grocery store turkey

slide_3These are factory farmed turkeys known as the Broad Breasted White Turkey. They are bred to have more white meat and typically raised with antibiotics to promote growth.

4. “Enhanced,” “prebasted” or “marinated”

slide_4These labels mean the turkey has been injected with a solution to enhance flavor, increasing its sodium content from 75 mg to as much as 710 mg. Read the fine print so you know all of the ingredients.

5. “Hormone-free” or “No hormones added”

slide_5This is a misleading label you can ignore. It implies a healthier choice, but federal regulations already prohibit the use of hormones in poultry.

6. “Natural”

slide_6A turkey labeled natural can still be enhanced or prebasted and fed antibiotics. It is supposed to mean minimally processed, containing no artificial flavoring, coloring, ingredients, preservatives or other artificial ingredients. Read the fine print to know all of the ingredients and talk to your grocer.

7. Final Tip

slide_7If you’re buying a bird from a local poultry farmer, be sure to ask how it was raised and whether or not it’s been enhanced with a solution to add flavor.

happy-thanksgiving

 

 

Gobble! Gobble! We hope you all enjoy the long Thanksgiving weekend.  Get the latest on healthcare news  on our website.