Healthcare plans

U.S. health care spending barely rose in 2010 from record-low recession levels, as high unemployment and the loss of employer-sponsored health benefits forced many Americans to delay or forego medical treatment, government officials said.

The majority (56%) of employers say they are likely to continue to offer employer-sponsored health insurance after the Patient Protection and Affordable Care Act largely goes into effect in 2014, according to a new survey conducted by GfK Custom Research North America.

In the last four years, a new and highly effective service, Telemedicine, has evolved that can reduce medical claim costs by $70 per month per employee. Unlike wellness programs, where employers attempt to change the employees’ and their dependents’ lifestyle, the Telemedicine results start immediately and is quite simple. History of broker efforts to reduce claim costs …

In this rough economy consumers look to credit cards, an IRA or 401(k), even under the couch cushions for emergency cash. Many may be overlooking life insurance as a potential source of immediate funds, according to a recent survey by the National Association of Insurance Commissioners.

One week after new data from the Centers for Disease Control and Prevention shows that the number of children with insurance increased by 1.2 million since President Obama signed the Children’s Health Insurance Program Reauthorization Act in 2009, more than $296 million was awarded to states for ensuring more children have health coverage.

Michael D. Klansek knew something was up with his company when he read Towers Watson statistics earlier this year that showed total health care costs per employee per year are at $11,176. His PEPY costs in 2011? $7,707. And they've been that way since 2006.

"House" - the TV series following a brilliant, but curmudgeonly and troubled doctor - is of course a Hollywood production, but this fiction may be based in fact. At least one-third of all physicians will experience a time during which they have a physical, mental or behavioral condition that impairs their ability to practice medicine safely, according to The Annals of Internal Medicine.

Last year was one full of health care news, with most of it focused around the Patient Protection and Affordable Care Act. In 2012, there will be some major decisions and rules announced and decided. Here's a look back and forward at health care news.

According to data from ACSI LLC, P&C insurers are improving customer satisfaction, while life insurers are steady and health insurers are slightly declining.

Professional insurance agents have what insurance customers are looking for, according to research results issued by the PIA Partnership. The PIA Partnership is a group of insurance companies that works collaboratively with PIA National to conduct research and develop tools and resources designed to benefit professional independent insurance agents. PIA is a national trade association that represents member insurance agents and employees who sell and service all kinds of insurance.

In 2012, the U.S. life and annuity insurance industry will be challenged to find ways to manage both capital and risk in an economically and politically uncertain year, while continuing to lay the groundwork for future growth, according to Ernst & Young's new Global Insurance Center U.S. Outlook report.

Consumers, facing worries over being able to afford adequate health care, want their employers to do more to help them improve their health and get the most from their employer-provided health and wellness plans, according to a new survey.

As another open enrollment season comes to a close, millions of consumers are finalizing their benefits packages for 2012. Unfortunately, more than half of insured adults are confused with several important aspects related to choosing a health insurance plan, reveals a survey released Monday.

Question: What options are available these days for employers who need to cut back on retiree health spending, but still want to provide health care to their former workers? Long after employees retire with the proverbial gold watch, a company may still be carrying them on the books. Through collective bargaining, contractual obligations, or simply a commitment to doing what is right, the employer often arranges for group retiree coverage. …

Athletic trainers may have had their roots on the playing field, but the profession has branched out. Large employers such as Toyota, General Motors, Delta Airlines and Boeing have used athletic trainers for years to prevent and treat injuries on the production line and manufacturing floor. While athletic trainers traditionally have worked in an athletic environment, a sprained ankle on an pro athlete is no different than a sprained ankle on a baggage handler at an airport, says Tom Bair, an athletic trainer with ProgressiveHealth Aviation Services in Atlanta.

Electronic medical records are being hailed as a way to save money, but they're also making it easier to commit fraud; text analytics and sophisticated data mining software can help stop it.

As high-deductible and consumer-driven health plans continue to increase in popularity, EBA spoke with Nitra LaGrander, a product manager at Evolution1, a provider of electronic payment, on-premise and cloud computing health care solutions, for tips on how plan participants who are new to these types of plans can easily access their online accounts and take charge of managing their health care dollars.

Long-term care is a "problem every-body will face and no one wants to talk about." But with the shelving of the CLASS Act by Congress, planning for long-term care is becoming part of the national conversation - and that presents an opportunity for brokers.

Eighteen months after passage of the Patient Protection and Affordable Care Act, group medical benefits costs are on the rise once again, according to The November Employee Benefits Market Survey conducted by The Council of Insurance Agents & Brokers.

Consumers who receive a financial needs analysis are more likely to buy life insurance, and purchase larger face amounts, than those who don’t receive an analysis, according to LIMRA’s 2011 U.S. Buyer-Nonbuyer study.