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Benefits 101: Premiums, Deductibles, Copays, and Out-of-Pocket Maximums

October 25, 2023 | By Cleveland Benefits Partners

Not understanding benefits terminology is near the top of the list of ways that open enrollment and benefits selection can stress you out.  Open enrollment is coming quickly and soon you will be talking about benefit options. The world of benefits and insurance can be confusing. In-network, out-of-network, deductibles, co-pays and co-insurance? What? Let us • Read More »

Want to Increase Productivity? Support Working Parents

October 17, 2023 | By Cleveland Benefits Partners

As the flu and RSV season gets underway, companies are asking themselves how they can support employees who need to stay home to care for their children.  In fact, last October, 104,000 Americans missed work because of “childcare problems” – the highest total since the Bureau of Labor Statistics began tracking the figure in 2003.  • Read More »

Think Intelligent About Artificial Intelligence

October 9, 2023 | By Cleveland Benefits Partners

Artificial intelligence, including so-called “large language models” like ChatGPT, has rapidly become a major talking point in the press, amongst governments, and maybe even in your office! While AI has been a subject in the background for decades, everyday web users can now engage with AI like never before.   But whenever there is a sea • Read More »

CMS Releases 2024 Projected Medicare Part D Premium and Bid Information

October 4, 2023 | By Cleveland Benefits Partners

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 • Read More »