Tech

Craig Davidson on how health insurance consumers will soon face a technology divide for employee benefits

Gallagher deal with Liazon markets latest addition to complex state health care reform exchange market

Of the 14 life insurance firms monitored by Corporate Insight, Liberty Mutual and USAA were cited as having the strongest social media performances and were awarded top grades.

When Boston benefits firm Longfellow Benefits decided to elevate their technology system by converting to a cloud computing model they knew there'd be a little turbulence as they made the switch.

The primary cause of stress, points out James Werner, CEO of Wealth Habit, is finances. With the average employer spending just under 9% of payroll on extended disability absences - most of which are related to stress - Werner believes an increased focus on financial wellness in the workplace has the potential to not only help employees save, but also save their employers "hundreds of thousands, or even billions, of dollars a year."

Under health reform, state health care exchanges are slated to operate in 2014 - not much time to figure out the role a broker will play in the system. As we await more definitive information on what exactly constitutes a "navigator," one can look toward California, which is further along in setting up its exchange, as a potential model, says Neil Crosby, director of sales at Westlake Village, Calif.-based Warner Pacific Insurance Services.

Insurance is labeled an early adopter of social media in a new report from the International Data Corporation (IDC), titled “2012 U.S. Social Media Trends by Vertical.” The banking industry was cited as being a late adopter.

Protracted slow growth in the insurance industry is causing executives to concentrate on improving their organization's operational processes, prepare for regulatory changes and enhance their technological capabilities, according to the “2012 KPMG Insurance Industry Outlook.”

While things were a bit murky at first, what emerged from the Supreme Court was some much-needed clarity on how providers can move forward with accountable care initiatives and other efforts fueled by health reform, according to two hospital CIOs asked for their first impressions on the ruling.

With consumer-driven health care plans increasing the out-of-pocket contribution for a growing number of employees, employers and their advisers are looking for ways to offset these costs. Consult A Doctor's telephonic program connects employees to a doctor in a matter of minutes, no office visit copay required, just a fee-for-service that is often covered by the employer.