On June 24, 2022, the Supreme Court issued its much-anticipated decision in Dobbs v. Jackson Women’s Health Organization, which stated that there is not a constitutionally protected right to terminate a pregnancy. Employers are now faced with the task of determining how this decision will impact their workforce and their benefit offerings. Self-Insured Plans — as a self-insured [...]
The 2018 Forecast for TPAs & Self-Funding, recently released by the Society of Professional Benefit Administrators (SPBA), expects factors to fuel continued growth and expansion by TPAs and self-funded health benefit plans in the coming year. The most significant of these factors is a growing demand by today's workforce for more personalized benefit offerings that [...]
Press Release from Education and the Workforce Committee Chairwomen Virginia Foxx on April 5, 2017. The House today passed the Self-Insurance Protection Act (H.R. 1304), legislation that would protect access to affordable health care options for workers and families. Introduced by Rep. Phil Roe (R-TN), the legislation would reaffirm long-standing policies to ensure workers can [...]
A recent Notes article from Employee Benefit Research Institute (ebri.org) examines 1996-2015 trends in self-insured health plans among private-sector establishments offering health plans and among their covered workers, with a particular focus on 2013 to 2015, so as to assess whether the Affordable Care Act (ACA) might have affected these trends. The data comes from [...]
It's amazing how states spend millions of dollars to try and attract new businesses. They run impressive TV commercials offering 10 year state tax exemptions to "start-ups" that accept their invitation to launch their business in their state. Only problem is when the start-up locates there, they discover that the same governing body that is [...]
If you're still on the fence about whether or not you should self-fund the employee benefits plan for your small-to-mid-sized company, here are a few more reasons that should make that decision a little easier. Access to Claims Data Why is claims data so important? Because with it you can identify your biggest cost drivers. [...]
