What Employees Want: Hybrid Work and Flexibility
2021 was quittin’ time in America. Last year alone over 47.4 million Americans quit their jobs. This year, employees seemingly have the upper hand against employers. The Turnover Tsunami, a.k.a. The Great Resignation, has forced a reckoning with the workplace and few employers have come away unscathed. Organizations are now shifting priorities to make employee […]
How Trump May Cover Americans with Preexisting Conditions
President-elect Donald Trump promises that Americans with pre-existing conditions will have access to health insurance, even after he dismantles Obamacare. But the system wouldn’t work the way it did under Obamacare, which revolutionized coverage by prohibiting insurers from turning away the sick or charging them higher premiums based on their medical conditions. And that’s left […]
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 […]
Health Plan Costs to Increase by an Average of 25%
WASHINGTON — Premiums for midlevel health plans under the Affordable Care Act will increase by an average of 25 percent next year, while consumers in some states will find significantly fewer insurance companies offering coverage, the federal government said Monday. But the Obama administration said three-fourths of consumers would still be able to find plans […]
Is High-Deductible Health Insurance Worth the Risk?
As companies push workers to pay more for their medical care, millions of employees are facing a tough decision, choosing between high premiums and high deductibles. The choice is this: Pay more every month for peace of mind later, or pay less and run the risk of having higher out-of-pocket costs down the line. And […]
Aetna Insurance Will Subsidize the Apple Watch
If you want an Apple Watch to keep track of your health, Aetna might help you pay for it. The health insurance provider announced on Tuesday it will subsidize the cost of the device for some of its customers. Aetna didn’t specify how much it would contribute to the cost, but noted it would be “a […]
Health Insurance Push Targets Young Adults
The Obama administration will use targeted, digital messages and online networks such as Twitter in a sweeping campaign to get young adults to sign up for health insurance during the Affordable Care Act’s fall open enrollment, appealing to a group seen as critical to the law’s success. The administration, which announced the new push on […]
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 […]
Why Your Health Insurance Data Should Be Liberated
In a world where you can access nearly all human knowledge from a device in your pocket, it’s absurd that you still can’t find out how much having a baby will cost you. But it’s not surprising. “Health data” is such a hot topic these days that you’d think it was a recent invention, and […]
Young Adults Face a Confusing Path to Health Insurance
The Obama administration is making a push to get young adults covered on the health insurance marketplaces, both for their own good and that of the marketplaces. The insurance exchanges need healthy people to balance sicker ones in the risk pool. Despite beefed-up outreach planned for the coming months, several factors may throw a wrench into […]