Employer Guide for Dealing with the Coronavirus
As the outbreak of the 2019 novel coronavirus gains momentum and potentially begins to spread in North America, employers will have to start considering what steps they can take to […]
Reference Pricing Can Reduce Medical Outlays, Costs
In an effort to coax health plan participants to use price-shopping behavior when deciding on where to have a procedure, more insurers are starting to roll out a system known […]
Trends Shaping Health Insurance and Health Care in 2020
As a new decade begins, the health insurance industry is on the cusp of making a leap towards improved, higher-tech management of health plan participants. A recent paper by Capgemini, […]
Congress Eliminates the ‘Cadillac’ and Other ACA Taxes
Congress before the new year passed legislation repealing the so-called “Cadillac tax” on generous group health plans, as well as two other taxes, finally putting to bed an issue that […]
High-Deductible Plans Saddling Workers with Bigger Drug Outlays
A new study has found that high-deductible plans and increased use of coinsurance are exposing health plan enrollees to higher and higher pharmaceutical costs. One of the big problems for […]
Average Family Plan Cost Hits $20,000 for First Time; What Can You Do to Cut Costs?
A new study has found that the average annual premium for a group family health plan has exceeded $20,000 for the first time in 2019, up 5% from 2018. The […]
Telemedicine Taking Off, Reducing Health Costs
One of the fastest growing parts of the health care system, and which touches significantly on group health plans, is telemedicine. From 2016 to 2017, insurance claims for services rendered […]
Court Rules ACA Individual Mandate Unconstitutional
The U.S. Fifth Circuit Court of Appeals has upheld a lower court’s decision that the individual mandate portion of the Affordable Care Act is unconstitutional because the penalty was set […]
Happy New Year!
May this year bring new goals, new achievements, and a lot of new inspirations for life. Wishing you a year fully loaded with happiness! Cheers to a prosperous 2020!
Study Attributes 25% of Health Spending to ‘Waste’
A new study published in the Journal of the American Medical Association estimates that about 25% of all health care spending in the U.S. is attributable to waste in the […]