group-benefits

It’s always been important for businesses to control group benefits costs. Now, with minimum wage changes, it will be more important than ever. In what the Los Angeles Times called a “historic measure,” the California Governor just signed a bill into law that raises the minimum wage to $15 an hour by 2022, using incremental…

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healthcare

Healthcare pricing has historically been opaque, to put it gently. For the consumer, “infuriating” might be a better description. For about as long as the healthcare industry has existed, consumers have had an extremely difficult time coaxing straight answers on how much their care will cost. “Because of the way insurance companies set up their…

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group-health-coverage

It’s difficult to meet everyone’s needs with just one group health coverage plan. Your health benefits package has to be affordable for variable-hour, minimum-wage workers; it also needs to satisfy higher-earning employees, like those on your executive team. Of course, it needs to meet the needs of everyone in between as well. To sidestep the…

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group-benefits

That niggling doubt in the back of your mind isn’t just your imagination. It’s likely that you’re not getting the lowest rate for group benefits. How do we know you’re overpaying? Simple – just about everyone is. Cost transparency is a trend these days. Over the last 15 years, websites including Healthcare Bluebook,NewChoiceHealth and GoodRx…

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health-care-insurance

What do Donald Trump and Bernie Sanders have in common? At first glance, not a lot. Sanders is far left; Trump is far right. Could any two candidates be more different? But the similarities run deeper than one might think. Both are radical outliers who’ve deeply upset what was expected to be a fairly boring…

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medical-marijuana-and-group-health-insurance

If you’re focused on cost-containment for your group health insurance plan, you clearly have a lot on your mind. Here’s another issue to consider: How might the legalization of marijuana affect your variables? Medicinal marijuana is currently legal in 23 States. It started with California in 1996, expanding most recently to New York, Minnesota and…

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self-insured-health-insurance-plans

As with any large-scale change, the ACA yielded some unforeseen results alongside the goals it set out to achieve. One of those results is the self-insurance trend. Last year, the number of employers choosing to self-insure jumped seven percentage points according to a PwC survey. Sixty-six percent of companies with 500 to 1,000 employees are…

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health-insurance

What does 2016 hold for the health insurance industry? In a recent article at Modern Healthcare magazine, contributor Bob Herman identified three major questions. Let’s see what’s brewing for this year. 1. Will antitrust regulators approve the big health insurance mergers? The U.S. Justice Department is reviewing a few recent purchases you might have heard…

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