Understanding General and Administrative Expenses: Key Insights

Learn about general and administrative expenses, which aren't tied to production, including rent, utilities, audit, and legal fees. Discover how to manage these fixed costs.
Think Advisor

4156 / What information relating to administrative expenses must be included in a 404(a)(5) disclosure?

On or before the date on which a participant or beneficiary can first direct their investments, and on an annual basis thereafter, the administrative expenses of the plan that may be charged against a ...
Business Wire

Independent/Provider-Sponsored Plans’ Administrative Expenses Accelerated in 2023

PHILADELPHIA--(BUSINESS WIRE)--In 2023, Independent/Provider-Sponsored plan per member costs grew by 8.7% compared to 7.5% in 2022. These comparisons hold constant ...
Business Wire

Medicaid Plans’ Administrative Expenses Accelerated in 2023: Webinar

PHILADELPHIA--(BUSINESS WIRE)--In 2023, Core per member administrative expenses in Medicaid-focused plans grew by 5.4% in 2023, faster than the 1.8% growth in 2022. After holding the product mix ...

The U.S. Spends $2,500 Per Person on Health Care Administrative Costs. Canada Spends $550. Here’s Why

Researchers found that the U.S. now spends nearly five times more per person on health care administration than Canada does.