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Good morning! Delta made a splash last week when it paid its employees a $1.4 billion bonus. As the airline industry as a whole continues to bounce back from a pandemic-induced downturn, Delta ...
The Federal Employees Health Benefits (FEHB) Program is a system of managed competition that provides health insurance to civilian government employees and annuitants in the U.S. Learn about the history, plans, costs, and choices of the FEHB program.
Learn about the history, types, and trends of health insurance in the US, a form of insurance that helps pay for medical expenses. Compare public and private coverage, social welfare programs, and health care reform laws.
ERISA is a federal law that sets minimum standards for private pension and health benefit plans in the U.S. It was enacted in 1974 to protect plan participants and beneficiaries, and regulate plan fiduciaries, funding, vesting, disclosure, and benefits.
A health reimbursement account (HRA) is an employer-funded plan that reimburses employees for medical expenses and premiums. Learn about the types, benefits, and rules of HRAs in the US health care system.
Self-funded health care, also known as Administrative Services Only (ASO), is a self insurance arrangement in the US whereby an employer provides health benefits using its own funds. Learn about the advantages, prevalence, and regulation of self-funded plans under ERISA and ACA.
Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
The Blue Cross Blue Shield Federal Employee Program (FEP) is a nationwide option under the Federal Employees Health Benefits Program (FEHB) for U.S. federal government employees and retirees, and has been part of FEHB since FEHB's inception in 1960. [18]