States with Individual Health Insurance Mandates

2020-10-14T16:14:57+00:00

After the repeal of the Affordable Care Act’s Individual Mandate, which was effective January 1, 2019, several states began the process of implementing statewide individual mandates. Currently there are six states that have passed some form of the individual mandate. To date, California, the District of Columbia, Massachusetts, New Jersey, Rhode Island, and Vermont have [...]

States with Individual Health Insurance Mandates2020-10-14T16:14:57+00:00

Hobservations on Covid-19 Impact on Self-Insured World

2020-03-23T15:11:18+00:00

This article was published on March 21, 2020 in MyHealthGuide, written by Hobson D. Carroll, FSA, MAAA, President, MedRisk Actuarial Services, Inc. After the President signed the Families First Coronavirus Response Act wherein testing for the virus may not attract any element of cost-sharing (think: preventive care), there has begun an additional new drum roll [...]

Hobservations on Covid-19 Impact on Self-Insured World2020-03-23T15:11:18+00:00

PCOR Fee Reauthorization and Diversified Group’s Reporting Services

2020-03-05T15:09:01+00:00

The ACA’s PCOR fee had expired with the 2019 plan year, although non-calendar year plans were still required to remit their fees on July 31, 2020. However, as part of the year end budget/spending bill, Congress authorized an extension of the Patient Centered Outcomes Research Institute Fee (PCOR) for another ten years through 2029. The ACA [...]

PCOR Fee Reauthorization and Diversified Group’s Reporting Services2020-03-05T15:09:01+00:00

SIIA Stop-Loss Legislation Becomes Law in New York State

2017-10-25T16:22:42+00:00

The article below was published on October 24, 2017 by Self-Insurance Institute of America, Inc., written by Wrenne Bartlett. The Self-Insurance Institute of America, Inc. (SIIA) is pleased to announce that Governor Andrew Cuomo has signed A.8264 into law, allowing grandfathered stop-loss contracts for groups of 51-100 to renew until January 1, 2019. As background, [...]

SIIA Stop-Loss Legislation Becomes Law in New York State2017-10-25T16:22:42+00:00

Legislators forsake $60M in savings by rejecting self-insurance

2017-08-25T14:42:22+00:00

The article below was published on August 19, 2017 by Green Bay Press-Gazette, written by Mike Ferguson. Photo Source: Minerva Studio, Getty Images Wisconsin lawmakers are at an impasse over the state budget. Senate leaders can't agree with their Assembly counterparts on how to fund road repairs, schools, and various agencies. Resolving this [...]

Legislators forsake $60M in savings by rejecting self-insurance2017-08-25T14:42:22+00:00

Bill headed to Senate would provide ‘safety blanket’ for benefit plans

2017-05-03T15:19:11+00:00

The article below was published on May 1, 2017 by the Employee Benefit Adviser, written by Brian Kalish. Nearly half of all employees are covered by a self-insured group health plan. Many companies that offer these plans have separate stop-loss insurance policies to protect them against the risk of catastrophically high claims. Some states and [...]

Bill headed to Senate would provide ‘safety blanket’ for benefit plans2017-05-03T15:19:11+00:00

A change for small biz could cost some employers their custom health plans

2017-03-03T18:11:39+00:00

The article below is from Crain's New York Business, written by Caroline Lewis Park Slope Food Coop is among the employers that could be forced to join the small-group health insurance market Photo: Flickr/Wally Gobetz Faced with rising premiums in the group health insurance market, the Park Slope Food Coop opted five years [...]

A change for small biz could cost some employers their custom health plans2017-03-03T18:11:39+00:00

How New York’s canceling health coverage for 130,000 workers

2016-04-22T15:43:58+00:00

Article written by Michael W. Ferguson, as seen in the New York Post New York’s state legislators are thinking small — literally. The state’s definition of “small business” expanded Jan. 1, thanks to legislation passed in 2013. Many firms that thought of themselves as medium-size are now legally considered “small.” One consequence: They’re barred from [...]

How New York’s canceling health coverage for 130,000 workers2016-04-22T15:43:58+00:00

Study Confirms Savings Resulting From Telephone-Based Chronic Disease Management

2015-11-20T15:08:43+00:00

A recently released study, based on claims data from 126,245 members participating in self-insured, employer-sponsored health benefit plans, reflected average annual per member cost savings of $1,157.91 for chronically ill individuals participating in a telephone-based chronic disease management program. The results of the independent study, recently published in "Population Health Management", showed 15% average savings [...]

Study Confirms Savings Resulting From Telephone-Based Chronic Disease Management2015-11-20T15:08:43+00:00
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