Healthcare plans

For all employers' focus on curbing obesity statistics through healthy eating and exercise programs, it can be easy to forget that smoking remains the leading cause of preventable death in the United States. One employer, Nelnet, is remaining vigilant about stamping out smoking among its employee population.

As employers move past the anxiety and drama over the Supreme Court ruling on health care reform, there's no escaping the fact that steep employee medical benefit costs remain as a serious concern - not only in the United States, but all over the world.

Last September, after the Patient Protection and Affordable Care Act gave the Department of Health and Human Services authority to review premium rates in states that didn't have strong enough review programs, the agency began handing down decrees of "unreasonable" premium rates for insurers that proposed increasing rates by an average of 10% or more - meaning HHS can publically shame an insurer.

"The whole onsite clinic thing has been a buzz the last few years," says Michael Troup, partner at Forsite Benefits.

We talk a good game in the health care system. We say we want to empower patients, but how powerful do we really want them to be? We say we want to give them enough information so they can make informed choices, but how do we deliver that information so that patients truly understand what is being said? As health care reform continues and open enrollment periods occur, encourage your employees to know that they are the key to this empowerment that everyone's talking about. Thus, it's important that they be educated about, and encouraged to exercise, their medical freedoms - specifically, the freedom to request the surgeon of your preference.

Most employees don’t think they should be required to participate in wellness programs to qualify for employer-provided health insurance, according to a new survey released by the National Business Group on Health. Moreover, they don’t think employers should charge employees more for health coverage if they don’t meet specific health goals.

Active management of crediting rates on spread-based business, improved fee income driven by growth in assets, ongoing expense management, favorable investment results and selected acquisitions are all driving modest earnings improvement in 2012 for U.S. life insurers, according to Fitch Ratings.

Federal health care reform legislation and the desire of employers to limit their health insurance costs are likely to fuel interest in “defined contribution” (DC) health benefits and private health insurance exchanges, according to a new report by the nonpartisan Employee Benefit Research Institute (EBRI).

Employers must be prepared to field employee questions and take appropriate action in the event that health insurance carriers fail to comply with the Medical Loss Ratio threshold under PPACA and must issue “rebates” beginning next month.

Voluntary accidental death and dismemberment coverage received the highest rating (43%) from leading carriers selecting it as a ‘very profitable’ product line, according to The Frontline Report, Worksite/Voluntary Product Trends 2012.

Employers are more likely to implement value-based health care strategies now that the U.S. Supreme Court has upheld the Affordable Care Act, suggests a new survey by the International Foundation of Employee Benefit Plans. To help multiemployer and public employer health plans implement VBHC strategies in the workplace, the foundation has released a white paper on the topic. It identifies existing VBHC practices used by multiemployer and public employee health plans and provides a framework for building cultures of health.

Long-term care liability loss rates and claim severity are now at an eight-year high and could grow steadily into next year, according to Aon Global Risk Consulting’s “2012 Long-term care General Liability and Professional Liability Actuarial Analysis,” which was created in partnership with the American Health Care Association.

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.

Medical records that patients can access online may encourage more people to get recommended screening tests and immunizations, a new study suggests.

While insurers have a couple more years to prepare for the individual mandate and health exchanges, according to a new Gallup poll, effects of the Patient Protection and Affordable Care Act on 18- to-25-year-olds can already be seen.

The health care trust affiliated with the United Auto Workers named a former Stanford University official and Hewlett-Packard Co executive to manage its $54 billion in assets earmarked for retiree medical benefits.

Major changes are afoot for pilots and retirees at one of the world’s largest airlines as it continues to emerge from a November 29, 2011 Chapter 11 bankruptcy filing.

Life Insurance CFOs’ primary business concern is the current low interest rate environment, according to Towers Watson’s recent survey. However, according to the survey, they are more optimistic about improvements in their financial results.

The Supreme Court has agreed to review a Third Circuit ruling that could have a far reaching impact on how medical reimbursement provisions are used to recoup funds paid out by health plans.

As employee medical benefit costs escalate at double-digit levels worldwide, a new survey finds that wellness programs and health promotion strategies are gaining traction.