While most businesses rarely get rebate checks from their group health insurer, this year may be different as insurance companies are expected to pay back record excess premiums, as required by the Affordable Care Act. The landmark insurance law requires that insurers spend at least 80% of their premium income on medical care and medications, […]
Insurers Will Pay Record Amount of Rebates to Small Group Plans Read More »
After a period of relative stability, the future of the Affordable Care Act has once again been thrown into uncertainty. In a surprise move, the Department of Justice announced that it would not further pursue an appeal of a ruling by U.S. District Court Judge Reed O’Connor, and instead asked the 5th U.S. Circuit Court
DOJ Tells Court to Nullify ACA; What’s Next? Read More »
The Trump administration is moving ahead with new regulations that would make it easier for employers to enter into health reimbursement arrangements (HRAs) with their employees, a practice that can be severely penalized under the Affordable Care Act. Under the proposed regulations – issued by the departments of Labor, Treasury and Health and Human Services
Proposed Rule Would Allow Employers to Reimburse Staff for Health Premiums Read More »
The number of companies offering health insurance to their employees has risen for the first time in a decade, according to new research from the Employee Benefit Research Institute. In 2017, almost 47% of private-sector employers offered health insurance, up from 45.3% in 2016. The percentage had previously been dropping steadily since 2008, when more
Number of Employers Offering Coverage Grows Read More »
As group health insurance costs continue rising every year, more employers are embracing a new plan model that aims to both cut costs and improve outcomes for patients. This trend, known as value-based primary care, is a bit of an umbrella term for various models that involve direct financial relationships between individuals, employers, their insurers
A New Health Care Model Tackles Costs, Quality Care Read More »
Under the Affordable Care Act, group health insurance costs have been rising at a much slower rate than they had during the decade preceding its passage. In fact, the rate of annual premium growth in the group market has hovered around 5% – more than half of what it was between 2001 and 2010. Also,
Drug Costs Starting to Drive Group Plan Inflation Read More »
The Trump administration has taken another step in its effort to roll out short-term health insurance plans by extending the amount of time such plans can be in effect. Under the new rule, which was issued August 1, short-term plans can be purchased for up to 12 months and policyholders can renew coverage for a
New Rules Allow Short-term Plans to Last up to Three Years Read More »
The Department of Labor in June issued its final rules for expanding employers’ access to association plans, a move that could result in some increases in premiums for other plans, including Affordable Care Act-compliant small group health plans. The rule in its essence allows more small businesses and self-employed workers to band together to buy
DOL Issues Final Rules for Association Health Plans Read More »
This is the face you make after a minor mishap with filming!
My introduction before Craig Lack is now long lost footage.
That’s show biz, right?!
The good news is that Craig is talking about the strategies we’re both using to help organizations liberate the dollars trapped in their health spend.
I’m available after you watch and learn to talk the nitty gritty – how it works, implementation, executive buy-in and employee adoption.
Happy Watching!
