Healthcare plans

After more private exchange launches last week, and one of the first by a carrier, EBA continues the conversation with brokers and insurance companies alike.

The adoption of tax-sheltered benefits accounts – including, Health Reimbursement Arrangements, Health Savings Accounts, and Flexible Spending Accounts – are predicted to reach nearly 90 million accounts by 2017.

As the dust settles over the Affordable Care Act and employees get used to operating in the post-ACA world, plan sponsors find themselves in somewhat of a holding pattern with regards to their pharmacy benefits. But strategic decisions are still in play about whether or not employers are going to provide traditional benefit plans once the employer mandate goes into effect in 2015 or send workers to public or private exchanges.

As Cigna this week became one of the first insurers to announce its own online marketplace — amid countless others created by brokers, consultants and tech firms — some say the definition of this concept has become muddied.

By ending the sale of tobacco products in its 7,600 pharmacies, CVS Caremark Corp. is redefining itself as a health-care provider in an environment in which millions of newly insured Americans will be looking for quick and convenient medical care.

Health insurers under pressure to keep premiums low are eliminating some hospitals from coverage in a cost-cutting strategy that threatens to freeze out centers that provide specialized care, limiting patient options.

Long a provider of backend technology solutions to other private exchanges and employers, bswift announced today the launch of its own private health insurance exchange, Springboard Marketplace.

Proactive vision care has been linked to early detection of chronic diseases such as diabetes, high blood pressure and high cholesterol. However, a new study from HCMS Group finds that stand-alone vision benefits can equate to nearly $100,000 in health care cost savings for large employers over a four-year span.

After losing two colleagues in a short period of time (one in a car accident caused by an undetermined medical issue and one from a heart attack) Joe Mina, a captain in the criminal investigations division with the Harford County Sheriff’s Office in Bel Air, Md., increased his efforts to implement a more comprehensive health screening program for employees.

Poll suggests employees are looking to employers to help them keep their healthy New Year's resolutions.

When gauging whether employers need health management programs, the focus should be less on medical cost savings and more on the benefits for increased productivity and risk reduction, says new research from Optum.

Premiums for health plans on new state exchanges under the Affordable Care Act are comparable to – and in some cases lower than – those being offered by employers with similar levels of coverage, according to a study released Thursday by PricewaterhouseCooper’s Health Research Institute.

One in four U.S. families struggled to pay medical bills in 2012, and one in 10 said they had costs they couldn’t pay at all, according to a government survey.

New business unit consolidates recently acquired Extend Health, Liazon and others to help employers deliver health benefits to employees, company says.

The ACA has been roundly criticized for its lack of cost-containment provisions But one Princeton University academic maintains that cost-containment cannot be implemented simultaneously with universal-coverage measures.

Crediting uncertainty surrounding ACA’s implementation, Moody’s Investor Services slashed the outlook for U.S. health insurers to negative.

As a result of the continued uncertainty of Affordable Care Act’s impact, Moody’s changed the outlook for U.S. health insurers to negative from stable.

The latest guidance from DOL addresses questions on coverage of preventive services and limitation on cost-sharing requirements under the ACA. The FAQs also provide guidance on expatriate plans, wellness programs, fixed indemnity insurance and the Mental Health Parity and Addiction Equity Act of 2008.

Medical expenses remain out of control in the U.S., where Americans have an “unsustainable attitude” that ignores the increasing cost of health care, the chief executive officer of insurer Aetna Inc. said.

Target Corp. said it will end health insurance for part-time employees, joining Trader Joe’s Co., Home Depot Inc. and other retailers that have scaled back benefits in response to changes from Obamacare.