Healthcare

In a “system built by the rulemakers,” Mark Gaunya, principal at Borislow Insurances, discusses how to stem rising costs through provider and payer competition.

A premium surcharge will be imposed on top earners who pay up to $4,090 in combined surcharges for Medicare Parts B and D above the base yearly premium.

The measure’s provisions have become most controversial and are being challenged in a Texas lawsuit brought by eight employer groups.

Employer-sponsored Mercer Complete Care helps employees manage individual, family health plans, benefits.

What employers need to bring down healthcare spending and improve care quality is a strategy that helps employees understand the care they need, what it costs and where they should get it.

Although the open enrollment comes in less than two months, seniors are advised to start preparing as soon as they can to save on premiums, co-payments and prescription drugs.

Many employers and advisers do not think about this law when it comes to such compensation, says attorney Casey K. Fleming.

Potential cost increases within DB plans attributable to late retirement should be fully understood, says Principal’s Mike Clark.

Lawmakers are not experts on healthcare, so it is incumbent on brokers to help educate them, says Ed Oleksiak, VP at Holmes Murphy and former legislative council chair at NAHU.

The advice environment for participant rollover choices is muddled as plan providers struggle to gear up for the DOL’s rule.