Healthcare plans

Life insurance agents are expressing concern about a proposed change emanating from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Find out what happened at a congressional hearing last week.

With knowledge comes responsibility and when we ask for transparency that's exactly what we get ... more responsibility. In health care being reponsible means two things, read about those in today's BeAdvised.

Some things only make sense in the aggregate. The issue of longevity is a prime example. While longer life spans is one of the unalloyed successes of the preceding century, the aggregate impact of aging populations also represents a major challenge for governments and benefit companies.

The Treasury Department and the Internal Revenue Service are asking for public input on a proposed health care reform rule that would make it easier for employers to determine whether the health insurance coverage they offer is considered “affordable” for employees.

The rising cost of health care will soon be reflected even more substantially in employee cost-sharing. A new National Business Group on Health survey shows that large employers anticipate their health care benefit costs to climb 7.2% in 2012.

The Early Retiree Reinsurance Program - created under the Patient Protection and Affordable Care Act to help employers offset the costs of maintaining early retiree health benefits - may get another $5 billion worth of funds thanks to a bill introduced in the Senate this spring. However, some industry insiders don't expect the bill to gain much traction.

OhioHealth's manager of benefits administration integrated all of OhioHealth's wellness initiatives into one program, branding the new program OhioHealthy, in 2006. The following year, she consolidated OhioHealth's three health plans into one. Meddock's accomplishments in these initiatives has earned her EBN's 2011 Benny Award for Benefits Leadership in Health Care.

New research from Aflac underscores a big opportunity for advisers to help ease employees’ confusion during open enrollment.

Facing the twin blights of constrained state budgets and eroding market value amid the still-sputtering economy, retirement programs for public employees are under siege, with numerous state and local employers either undertaking or considering massive restructuring of their benefit plans.

Benefits and benchmarking go hand in hand, particularly for health and retirement plans. The National Compensation Survey on Health and Retirement Plan Provisions in Private Industry report from the Bureau of Labor Statistics provides benchmarking data for workplace health and retirement benefits.

Half of America’s households (about 58 million) claim to be underinsured when it comes to life insurance, according to a new study from LIMRA. The study, “Trillion Dollar Baby Growing Up,” revealed as much as $17.5 trillion in untapped sales potential for the life insurance market.

In 2012 the rate of medical inflation will continue to rise, PricewaterhouseCoopers reports. Employers are frustrated - not so much by the high cost of the medical as by the apparently intractable upward cost trend that is making benefits plans unsustainable.

The U.S. health care payments industry is undergoing changes as it grapples with inefficiencies in how patients, payers and providers exchange information and money. At the same time, it must respond to economic pressures, government reforms and other dynamics while it focuses on quality, value and cost reduction.

There's a lot of strategic talk in Big Sky Country these days about the power of biometric screenings, health care analytics, value-based pharmacy benefit management, captives insurance and state-run health cooperatives under the Patient Protection and Affordable Care Act.

Not since TV's "Dallas" asked, "Who killed JR?" has our nation faced such an important mystery: Who killed consumer-directed health care? After all, a few years ago, many of us thought that the long struggle to control health care cost inflation was about to end happily.

LIMRA released its “U.S. Individual Life Insurance Sales” report, which indicates total individual life insurance new annualized premium increased 4% in the first half of 2011.

With the prevalence of childhood obesity in the United States nearly tripling over the past 30 years, now is the time for employers to take the lead in the battle against the growing problem of overweight and obese children, according to the National Business Group on Health. Obesity is a growing epidemic affecting children, their families and the nation. The United States currently has the highest percentage of overweight youth in its history. More than one-third…

Since 2008, Mass Metal in Lawrence, Kan., has helped individuals buy, hold and sell gold and silver through its online service, SilverSaver. Now the company is offering SilverSaver as a voluntary benefit program.

For workers' compensation insurers, costs are going up as the market shrinks, according to a recent report released by the National Academy of Social Insurance, observing they are fighting to pay more for smaller slices of the pie.

Consumer driven health plans continue to grow in popularity despite a waning impact on cost control, according to preliminary results in a recent United Benefits Advisors survey.