As a Third Party Administrator, employers and plan members count on us to make their health benefits work. While that sounds easy enough, it can be anything but easy when ordinary working families are forced to face exorbitant hospital bills. One couple recently found themselves confronted with a very difficult situation when their son needed [...]
The article below was published on October 9, 2017 by Plansponsor, written by Rebecca Moore. The youngest employees especially feel unprepared to decide what plan they should choose, according to a survey from Aflac. Benefits enrollment findings from the 2017 Aflac WorkForces Report, a national online survey of 5,000 U.S. workers, found that 67% said [...]
The article below was published on August 7, 2017 by Bloomberg BNA, written by Sara Hansard. Small and midsized companies are increasingly providing their own health coverage for employees instead of buying fully insured plans since Obamacare was enacted in 2010. As the Affordable Care Act drives up premiums because of more requirements and taxes, [...]
For nine years, Cognizant and TriZetto have been honoring clients who use their technology and resources to achieve extraordinary results through their Healthcare Excellence award. Cognizant is a professional services company that helps businesses transform their operating and technology models for the digital era. Each year, they announce the finalists and winners of the awards [...]
The article below was published on May 5, 2017 by the Employee Benefit Adviser, written by Phil Albinus and Nick Otto. The House of Representatives passed the American Health Care Act Thursday, which will be sent to the U.S. Senate for debate and amendments and then a vote. Here’s what employers need to know about [...]
Results from Kaiser Family Foundation research show that while fewer small employers offered health benefits last year than 15 years earlier in 2000, and finding affordable coverage is a challenge, interest in small group plans is growing among companies with 3 to 50 employees.
Article as seen in Hartford Business on October 26, 2016 written by John Stearns Total health benefits cost per employee increased 2.2 percent in Connecticut this year, about on par with the nation, to an average of $13,910 per worker, according to results of Mercer’s annual health benefits survey released today. But the cost was [...]
Even though this issue also discusses the importance of reaching millennials, it seems an appropriate time to explore this topic from an even broader perspective. Studies like the 2015 Aflac Workforce Report show that more than 7 of 10 employees seldom, if ever, understand what is covered in their healthcare plan. On top of that, [...]
You’ve adopted an increasingly popular new health plan strategy to save money on costs – why would you want to give up half of your plan savings to the company managing your plan? That’s what’s happening to some employers who may be unaware that their plan administration firm has incorporated this 50/50 savings split into [...]
