For more than a year, the markets have been fueled by low interest rates, quantitative easing (the Federal Reserve injecting money into the economy), and stimulus and relief legislation from the Federal government aimed at easing the cost of the shutdown following COVID.
We have all recognized and experienced the difficulties of working during the COVID-19 pandemic, but one of the more vulnerable employee populations has been working mothers.
It’s that time of year when employers are making decisions to their employee benefit renewals. Due to the recent developments with COVID-19, there will most likely be another virtual open enrollment meeting for the team.
It’s very likely that in the last year, you postponed a medical appointment. It’s also very likely that it had something to do with COVID-19.
You’re wrapping up your annual physical when the doctor says she found a slight irregularity with your heartbeat and wants you to get an ECG. She refers you to a local cardiologist. You get the procedure done. Then you get a bill for $2,000 a few weeks later. What went wrong?
The majority of people who have health care insurance obtain it through their employers during open enrollment, though only a small minority understands the complexities of insurance well enough to feel like they made an empowered choice.