Healthcare plans

In December, I blogged about how voluntary benefits can help employers increase employees’ comfort level with CDHPs. For example, studies have shown that employees are generally uneasy about high out-of-pocket medical cost exposure. They appreciate having voluntary programs such as accident, cancer or critical illness Insurance to help supplement their CDHP coverage in the event of high dollar, unexpected claims. …

Cathy Meyers had already fought cancer twice, once in 1992, again in 2003, before she was diagnosed for a third time with neuroendocrine cancer in the pancreas in 2009. She thought her time was up. How could fate hand someone a proverbial death sentence three times in a row, with the third being the same cancer that sent Steve Jobs to his deathbed?

Something is costing your health plan a whole lot of money, and it's largely due to uninformed choice. No, it's not lax benefit selections, but rather early induced deliveries.

Cost increases for health care are perhaps slowing down somewhat, with employer health benefit expenditures not expected to increase in 2012 at the same explosive growth rate of recent years. Costs for all types of medical plans are expected to increase by 9.9% for 2012, according to a survey by Buck Consultants. It's the first time since 2001 that Buck's survey has projected cost increases less than 10% for any type of plan. The firm has been conducting its survey since 1999.

Delivering quality health care benefits to an employee population has only become more complicated due to legislative policy and escalating claims costs - making consumer education and empowerment all the more important in containing cost increases.

Although the tax implications of total compensation may sound as dry as the Sahara, Ernst & Young principal Sean Watts says that knowing the potential pitfalls before developing or changing your total comp strategy could help you avoid a compliance sandstorm and be the oasis your bottom line needs.

A dear friend, who is a veteran nurse, recently told me about her husband's post-operative experience. The surgery itself went well; immediately after his return to the nursing unit, he was appropriately asked by his nurse, "How is your pain?" Using the almost-universal pain scale, she asked him to rate his pain from zero (being no pain at all) to 10 (being the worst pain you've ever experienced).

When the recession hit, older employees put the brakes on their retirement plans and companies shelved plans to hire, train, develop and promote younger talent. With the economy growing again and retirement savings beginning to recover, baby boomers are again thinking about retirement. As a result, employers are again thinking of ways to attract, engage, and retain new talent.

The sale of asset-based long-term care insurance protection continues to grow significantly, reveals research by the American Association for Long-Term Care Insurance.

A new research report from the Commonwealth Fund offers new insights into America’s uninsured.

Liberty Mutual Insurance’s Group Benefits operation became the first to introduce a mobile application that makes it easier for employees and clients to manage their benefits.

Currently, 59% of major employers have a consumer-driven health plan option in place, up from 53% a year ago, according to a survey by Towers Watson and the National Business Group on Health. The groups queried companies with 1,000 or more employees across a range of industries.

Although the focus of discussion among health plan thought leaders who convened in Florida last month at The Managed Care Executive Group ran the gamut from care management to meaningful use, to medical informatics, payment reforms, HSAs and more, technology’s role in the industry’s success was evident.

Forty-two percent of respondents have used social media to access consumer reviews of treatments or physicians, 30% have supported a health cause, 25% have posted content about their own health experiences and 20% have joined a health forum or community, according to the Health Research Institute of PricewaterhouseCoopers.

Baby boomers wired to their iPads and smart phones are giving U.S. health experts some new ideas about ways to cut the soaring costs of medical care in graying America.

U.S. officials on Monday cited two health insurers for excessive premium increases, under consumer protection rules of President Barack Obama's health care reform law that could soon be nullified by the Supreme Court.

This article is the first in a two-part series examining the challenges in achieving true parity for mental health benefits. This article explores the history of mental health parity legislation, while the second installment - scheduled for EBN June 1 - will address barriers to care due to lack of access and provider shortages.

Brokers play a key role in helping plan sponsors establish a healthier workplace, but one main problem still affects employers today — dealing with the lack of resources that are available to improve employee health and productivity at the workplace, according to a white paper from The Standard.

Good news for worksite marketing prospects: Nearly 20% of Americans who shop for life insurance do so through their workplace — and 75% of those shoppers went on to buy life insurance, according to a recent LIMRA survey. However, the survey also reveals several missed opportunities for producers.

Insurers wondering how to engage the Millennial Generation may have to fine-tune their marketing efforts or find more innovative products to pitch. According to market researchers at the University of Massachusetts-Amherst, as a result of the Great Recession, a younger cohort of this group has emerged with very different values, desires and lifestyles.