Deductibles and out-of-pocket maximums (OOPMs) are important cost-sharing parameters for health plans. A deductible is the amount an individual must
Each year, employers that are subject to the Employee Retirement Income Security Act of 1974 (ERISA) must electronically file an annual
One of the most important documents participants must automatically receive when becoming covered under a health benefit plan that is
Parrott Benefit Group understands the challenges today’s employers face. From rising health care costs and confusing compliance changes, to concerns
Employers often find the Affordable Care Act’s (ACA) reporting process to be complex and challenging to navigate. Even though the
The Inflation Reduction Act of 2022 (IRA) includes several cost-reduction provisions to Medicare Part D plans that are designed to