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Employers will be relying on brokers to know the ins and outs of each benefit account as they take a larger role in their employees’ health benefit plans.
Amazon.com, Berkshire Hathaway and JPMorgan Chase say they plan to collaborate on a way to offer healthcare services to their U.S. employees more transparently and at a lower cost.
The insurer says it will continue updating its supplemental health employee benefit suite in 2018.
Brokers must move away from typical carrier negotiations and bring real cost-saving strategies to clients.
Insurance expenses have become the country’s No.1 financial concern, providing an urgent need for transparent coverage information.
The insurer says it will continue updating its supplemental health employee benefit suite in 2018.
President James Klein spoke with EBN about the organization’s agenda, now that Cadillac tax implementation is delayed another two years.
Collecting cost data and offering consumer-oriented tools to employees can help firms expose the widespread problem of variation in medical price and quality.
The problem can result in financial burdens and lost productivity for employees, but companies can provide support services and tools, including an advocacy service through the benefits plan.
Ex-president of Eli Lilly's U.S. arm, Alex Azar, was confirmed to head the Department of Health and Human Services, setting a permanent replacement for Tom Price.
President James Klein spoke with EBA about the organization’s agenda, now that Cadillac tax implementation is delayed another two years.
The problem can result in financial burdens and lost productivity for employees, but companies can provide support services and tools, including an advocacy service through the benefits plan.
Benefit groups applaud inclusion of the measure in House bill, expect it will still pass when Congress eventually reaches a deal.
The due dates for filing with the IRS remain unchanged for now, but advisers and clients must monitor developments that may repeal or modify rules.
The CVS-Aetna deal, for example, would have the potential to take over costly, and previously difficult-to-control, primary care costs.
The bill clarifies that agent compensation is not an insurance company administrative expense, which could relieve financial strains on small and independent firms.
Long used by larger companies, these medical stop-loss systems are now benefitting a wide range of businesses.
Perceived benefits of CVS/Aetna deal are likely to encourage organizations to consider consolidating as well — could Walmart and Humana be next?
The bill clarifies that agent compensation is not an insurance company administrative expense, which could relieve financial strains on small and independent firms.
The DOL rule to allow employers to band together to create an association health plan has hidden obligations for employers.
