Archive for July 2015

Group Benefits and Genomic Revolution

group-benefits

In our last post, we talked about the IT revolution in healthcare. It started in the 60s with Electronic Health Records, but that was just the beginning. New, ever-accelerating innovations have been sweeping the industry ever since. Today, let’s look at the innovations that have emerged in the realm of genomic medicine, and take a…

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Health care and Tech: What Does the Future Hold for Group Benefits?

group-benefits

Fifty years ago, there were no Electronic Health Records (EHRs). That was soon to change, though, as academic medical centers started prototyping the first systems in the 60s and 70s. In 2009, EHRs were incentivized by the American Recovery and Reinvestment Act, and over the next four years, they swept the industry. The number of…

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How will carrier consolidation impact group health insurance?

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Another day, another merger – at least, that’s how it seems. Speculation about big carrier consolidation is flying fast and furious lately, and the implications could be far-reaching. Aetna and Humana are getting ready to tie the knot. There’s a competitive advantage spurring them together. Currently, the giant in the Medicare Advantage market is UnitedHealthcare…

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What the Supreme Court decision means for HR compliance and reporting

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On June 25, the U.S. Supreme Court rendered its second ruling on the ACA since 2010, this time upholding tax subsidies for federally-facilitated exchanges. The whole issue was over a four-word phrase in the law that says subsidies are available to those buying insurance on exchanges “established by the state,” and whether that phrase had…

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