by nexbenstage | Nov 2, 2022 | Uncategorized
John Kelly, Nexben CEO, recently wrote an article for BenefitsPRO. He breaks down how ICHRAs are radically changing the benefits space, especially when it comes to rising insurance costs. Read more below. [Article originally appeared on BenefitsPRO here] The cost of...
by nexbenstage | Oct 19, 2022 | Uncategorized
Note: This article was originally published on August 19, 2021. Because of the continuing public health emergency, we have updated for timeliness and accuracy. On October 13, 2022, the Secretary of Health and Human Services announced an extension of the...
by nexbenstage | Sep 26, 2022 | Press
In an interview on health benefit costs, John Kelly (CEO of Nexben) says: “The costs of offering benefits to employees keep skyrocketing, and businesses are looking at how they can offer robust benefits but not pass the costs onto employees.” ICHRAs allow a company to...
by nexbenstage | Aug 29, 2022 | Uncategorized
When most of us shop for something, there are a series of questions we ask ourselves: Is this a want or need?Do I ‘need’ this right now?Where do I go to get it?What item will best fit my need or want?How much does it cost?Can I afford it?How am I going to pay for it?...
by nexbenstage | Aug 10, 2022 | Uncategorized
The IRS has released a new benchmark rate of 9.12% to determine affordability of employer-sponsored health benefits (such as ICHRAs) offered in 2023. This is down from 9.61% for 2022 and is the lowest affordability rate to date. This rate was established by the...