Executive Order Aims to Improve Price Transparency

2019-11-07T15:36:53+00:00

In late June, President Trump signed an executive order directing HHS to develop rules requiring hospitals to publish clear and understandable pricing that reflects what people will actually pay for services. HHS Secretary Alex Azar added that the order should also make certain that providers and insurers provide patients with information about potential out-of-pocket costs [...]

Executive Order Aims to Improve Price Transparency2019-11-07T15:36:53+00:00

Small Groups Will Celebrate New HRAs

2019-10-24T14:37:12+00:00

The IRS recently published finalized rules easing restrictions on health reimbursement arrangements (HRAs) to allow employers to provide their workers with tax-preferred funds to pay for the cost of health insurance coverage they buy in the individual market. The regulation is part of the Trump Administration’s commitment to deliver more health coverage choices to Americans. [...]

Small Groups Will Celebrate New HRAs2019-10-24T14:37:12+00:00

Bundled Payments for “Baby Bundles”

2019-10-22T16:24:18+00:00

Another major insurance carrier has cooperated with selected healthcare providers in two states to introduce a bundled payment program for maternity care. Like bundled payment programs used by Medicare and commercial carriers for total joint replacement, the bundled maternity program reimburses the care provider for an entire episode of care, including prenatal, delivery and postpartum [...]

Bundled Payments for “Baby Bundles”2019-10-22T16:24:18+00:00

Amazon com: Joins Trend of Sending Workers Away for Health Care

2019-10-22T16:25:20+00:00

This article was published on October 15, 2019 on MarketScreener.com written by Melanie Evans. Employers are increasingly going the distance to control health spending, paying to send workers across the country to get medical care and bypassing local health-care providers. One of the latest is Amazon.com Inc., which will pay travel costs for workers diagnosed [...]

Amazon com: Joins Trend of Sending Workers Away for Health Care2019-10-22T16:25:20+00:00

IRS Increases HSA Limits

2019-10-21T21:36:30+00:00

Employees will be able to save some additional healthcare dollars in 2020 as the IRS will increase the limit on deductible contributions to an HSA by $50 for individuals and $100 for families. The limits will be $3,550 for individuals with self-only coverage and $7,100 for family coverage. The minimum deductible for a qualifying high [...]

IRS Increases HSA Limits2019-10-21T21:36:30+00:00

Can Chronic Disease Management Really Work?

2019-10-21T21:05:51+00:00

With the Centers for Disease Control and Prevention projecting that 83 million people will soon have three or more chronic diseases, the number of employers working to manage chronic conditions like diabetes, high blood pressure and coronary artery disease is staggering. Not only do the average medical costs for a diabetic exceed $16,000 per year, [...]

Can Chronic Disease Management Really Work?2019-10-21T21:05:51+00:00

Walmart offers to pay for employees’ health care degrees

2019-10-02T18:29:10+00:00

This article was published on September 27, 2019 on BenefitsPro.com written by Jack Craver. The retail giant hopes the offer will yield a stock of qualified professionals to staff its rapidly growing network of health care providers. In part of an effort to expand its health care business, Walmart is expanding its offering of nearly [...]

Walmart offers to pay for employees’ health care degrees2019-10-02T18:29:10+00:00

More Large Employers Offer On-Site Clinics

2019-10-02T18:30:27+00:00

Some mega-employers manage clinics on their own while others outsource to clinic vendors or healthcare systems. Many provide clinics within their own facilities, but some offer near-site locations and even share a near-site clinic with other companies. Regardless of which model is preferred, more organizations with 5,000 or more employees are deciding that on-site or [...]

More Large Employers Offer On-Site Clinics2019-10-02T18:30:27+00:00

How HR Can Lower Healthcare Costs Without Reducing Coverage

2019-09-05T08:56:58+00:00

This article was published on August 30, 2019 on the HR Daily Advisor written by Eileen Clark, Senior Vice President of Human Resources, ELAP Services. Large employers currently pay about $500 more in healthcare costs per employee than they did just a year ago—money every company would love to have back. With healthcare costs increasing yearly, many [...]

How HR Can Lower Healthcare Costs Without Reducing Coverage2019-09-05T08:56:58+00:00

Fewer Spouses Covered on Employee Benefit Plans

2019-08-21T08:00:05+00:00

This article was published on August 5, 2019 on IFEBP.org written by Lois Gleason, CEBS. More and more employers are seeking cost savings by discouraging or blocking employees from enrolling a spouse in the employer’s health plan. Here’s what you need to know about the growing trend of spousal carve-outs: Image Source: IFEPB.org [...]

Fewer Spouses Covered on Employee Benefit Plans2019-08-21T08:00:05+00:00