The Obama Adminstration Setting Standards for Health Plan Networks

The Obama administration and state insurance regulators are developing stricter standards to address the concerns of consumers who say that many health plans under the Affordable Care Act have unduly limited their choices of doctors and hospitals (mostly individual, not group plans), leaving them with unexpected medical bills. Carriers are looking to further stratify their […]

Long-Term Implications of ACA and Employers

While employers are continuing to feel the impact from a multitude of changing laws and regulations, worries about the Affordable Care Act have begun to subside, to some degree. But the jury is out on the long-term implications of the ACA, and the ways benefits managers will live up to its stipulations in coming years. […]

IRS Issues Penalties for Pre-Tax Money to Buy Individual Insurance

The IRS has issued an update on employer penalties, specifically citing employers offering pre-tax monies to their workers to purchase individual insurance. The IRS calls this an employer payment plan, and is viewed as a group health plan that does not meet the Affordable Care Act (ACA) rules. For example, employer payment plans do not […]

Cost for Common Hospital Procedures Keep Going Up

Charges for some of the most common inpatient procedures surged at hospitals across the country in 2012 from a year earlier, some at more than four times the national rate of inflation, according to data released by Medicare officials on Monday. While it has long been known that hospitals bill Medicare widely varying amounts — […]

Five Million Uninsured People Gained Insurance Because of Obamacare

According to the Department of Health and Human Services, about 87% of people who signed up through federal health care exchanges were previously uninsured. Here’s how the percentage was determined: Of the 5.45 million people who signed up through the federal exchange, 5.18 million (or 95%) applied for financial assistance in their insurance plans. In […]

Happy National Employee Benefits Day

Today is National Employee Benefits Day. According to the Employee Benefits Research Institute, almost nine in ten people don’t think they’ll have enough saved when they get to retirement. Study after study provides data pointing to the same conclusion: A crisis is coming. Are your plan participants prepared for it? Learn more at the International Foundation […]