4 Things To Consider When Choosing A Benefits Consultant
Choosing the right benefits package for your business can be an overwhelming task for those who are not familiar with the intricacies involved. For this reason, many business owners and decision makers enlist the help of professional benefit consultants, who are knowledgeable in this area, and can best help them find an optimal match for […]
How to change your company’s employee contribution strategy without risking a mutiny from loyal employees
In our last article we talked about 3 Employee Benefits Contribution Strategies you can use to stabilize the cost of Health Insurance to your business. However there’s a big difference between understanding these strategies, and effectively implementing them. For some organizations the existing benefits environment and infrastructure – which could have been in place for […]
3 Employee Benefits Contribution Strategies – Pros and Cons
Many small businesses struggle with how much to ask their employees to contribute to their employer-sponsored medical and ancillary coverages. The Goldilocks Principle applies here like everything else. Too little, and employees will leave for better benefits or not take an offer of employment at all. Too much, and your bottom line suffers and puts […]
Why the ACA and any Republican plan doesn’t and won’t work
So if you turn on the news this week (or any week), you hear about the Republicans’ American Healthcare Act and whether or not the Republicans and President Trump will ever get it passed. There is a lot of serious back and forth about the pros and cons of each plan (for a pretty good […]
Which Health Insurance Plan Will You Choose this Fall?
Now that America has finally made its choice for president, millions of Americans face another consequential choice this fall: which health insurance plan to sign up for during their employer’s annual open enrollment season. As health insurance costs continue to rise, that choice increasingly involves a high-deductible health plan with a health savings account (HSA). Let’s […]
Justice Dept. Will Seek to Block 2 Health Insurance Mergers
The Justice Department is preparing lawsuits to block two giant health insurance deals, according to a person briefed on the matter, continuing a spate of antitrust actions in a whirlwind year for mergers and acquisitions. Antitrust officials are concerned that Aetna’s $37 billion deal with Humana, and Anthem’s $48 billion pursuit of Cigna, will harm […]
Anthem Gains Obamacare Customers And Sees Profits, Expansion Ahead
Anthem’s first quarter earnings were better than expected as the company welcomed 1 million new customers across its businesses since the end of last year, including 184,000 who signed up for coverage on public exchanges under the Affordable Care Act. In contrast to UnitedHealth Group UNH -0.83%, which is scaling back to a handful of […]
How I Learned to Overcome My Bias Against For-Profit Medicine
“When I started medical school, my South Asian immigrant parents quietly hoped I would find my way to cardiology or another glamorous specialty. Instead, I spent a decade — first as a medical student, then as an intern and resident in internal medicine — focused on advancing the right to health among poor people and […]
How Obamacare Just Made Filing Your Taxes Worse
This filing season is the second in which Americans may have yet another – and bigger – tax bill to worry about: the one forced on us by the Affordable Care Act. It serves as a stark reminder of all the ways this law continues to harm American families and businesses, six years after it […]