Parrott Benefit Group

10/16/2026

To strengthen their benefits without significantly increasing costs, small employers should focus on the benefits their employees will actually use and value.

Two-thirds of small-business owners want outside help offering benefits, while increasing costs and limited budgets make health coverage harder to sustain.

10/15/2026

KFF recently summarized its polling on the high cost of health care being a burden on U.S. families, as health care affordability factors into decisions about insurance coverage and care seeking.

A new survey found more than one-quarter of Americans say they are very worried about affording health care for themselves and their families.

10/14/2026

Are You Ready for Open Enrollment? A little preparation goes a long way! Review your healthcare needs, explore your benefits options, and mark your enrollment deadlines.
If you have questions about your benefits, Parrott Benefit Group is here to help.

10/13/2026

To compensate for rising costs, many employers are turning to supplemental products. To combat employee confusion, employers should provide benefits communication and education throughout the year rather than relying solely on open enrollment.

Rising prices are creating uncertainty and concern among employees as employers search for a solution.

10/12/2026

Employers are responding to rising health benefit costs by looking harder at cost sharing, the portion of medical expenses employees pay directly through deductibles, copayments, coinsurance and out-of-pocket maximums, rather than through the premium alone.

Organizations are running out of ways to absorb increases in benefit costs without changing how much employees pay, or cost-sharing options.

10/09/2026

The ACA’s “pay-or-play” rules require applicable large employer to offer affordable, minimum-value health coverage to their full-time employees or risk paying a penalty. There are changes related to the ACA’s pay-or-play rules for 2027 that may impact employers.

Applicable large employers should review the pay-or-play changes for 2027 in advance of the upcoming plan year.

10/08/2026

Prices for stop-loss insurance are soaring at a time when many employers with fully insured group health plans are hoping that they can avoid dropping health benefits by shifting to use of self-insured plans.

That's not a prediction, exactly, but it is what the firm is starting to put in illustrations.

10/07/2026

Employers who communicate clearly, explain their reasoning, protect confidentiality, and treat obesity as the clinical condition it is see fewer disputes, better-informed employees, and stronger trust in the benefits program overall.

How your GLP-1 coverage decision is communicated shapes whether employees trust the process, use the benefit as intended, and feel respected.

10/06/2026

No matter what type of health insurance a company offers, employees need guidance in selecting the best plan option during open enrollment, and not just what appears cheapest.

Employers should educate staff on the nuances of every coverage option, advises Benefitbay CEO, ranging from coinsurance to coverage tiers, networks, “incumbent bias,” and more.

10/05/2026

Educating yourself as a healthcare consumer is one way to help manage healthcare costs. Start by fully understanding what your health plan does and doesn’t cover to help reduce your healthcare spending.

Understanding today’s drivers of healthcare costs can help you make informed decisions about your coverage and financial planning.