Healthcare plans

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.

Cost increases for health care are perhaps finally slowing down, with employer health benefit expenditures not expected to increase in 2012 at the same explosive growth in 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, 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.

Americans may be overly optimistic when it comes to thinking they won't ever be diagnosed with a serious illness or experience an accident, according to a recent survey.

There has been a lot of information in the news about health care reform and how it affects small businesses. Yet, I still find many business owners scratching their heads trying to understand what it all means for their businesses. To simplify matters, here are five things small employers must know about employee health benefits—especially in a post-health care reform environment:

What better way to take lessons of branding a wellness program than from one of the top-branded companies in the world, Procter and Gamble? The producers of timeless product lines like Old Spice and Tide recently introduced Vibrant Living, P&G’s in-house line of benefits specially designed to help employees live healthier.

Smaller employers have historically been hesitant to self-fund their health plans because they commonly perceive it as suitable only for large companies. Done right, self-funding an employee health benefit plan can be a smart long-term strategy.

There are questions about the future of the group long-term care market, as two insurers have stopped offering the product in the past 17 months.

Enrollment in health savings accounts and health reimbursement arrangements continues to grow, but contribution patterns to these account-based health plans are changing, according to a new report from the nonpartisan Employee Benefit Research Institute.

Information commonly exits in silos: Pharmacy benefit managers, health plans, and absence management, disability and enrollment vendors generally all operate independently and invisibly to other health care entities that are caring for the same population of patients.

In the information age, perhaps the only system left that hasn't gone completely digital or to the cloud is health care. Even insurance companies, who warehouse massive amounts of data, rarely share it with other insurance companies when an employee moves from one job to the next. And for patients to gain access to their own heath records, which largely are maintained on paper, they have to go through a lengthy process - on paper.

Employers across America face unprecedented challenges in providing competitive employee benefits while still controlling costs. Public-sector employers face additional obstacles from revenue shortfalls and increased public scrutiny of government spending. Yet employers, both public and private, have access to many proven solutions that can help them control and even reduce costs while continuing to offer a strong benefits package. …

More than half of U.S. employers say they are expanding the use of technology to manage costs associated with employee benefits programs. This is according to new research from Prudential Financial.