When evaluating a new or existing health insurance program, your company’s contribution strategy is an important consideration. In simple terms, how much will individual employees pitch in for coverage, and what percent of health insurance is paid by employers? Continue reading
A big hospital chain’s surprise decision to write off a slug of bad debt may be a signal of much deeper consumer healthcare strains being caused by ObamaCare.
Community Health Systems surprised analysts this week, announcing that among other things, the company would take a $169 million provision for bad debt. The write off was a big part of Community’s dismal fourth quarter earnings report, leading to a 22% drop in the company’s stock on Tuesday. Continue reading
Businesses known for their uniforms are worried about lawyers in business suits in the wake of a change in the nation’s labor laws affecting their liability for employment practices.
The change could unravel the franchise business and wreak havoc for thousands of companies and contractors, according to franchise industry groups and insurance professionals. Continue reading
Creating a financial budget can seem daunting and scary for many Americans. The average American spends more then they earn and often on unnecessary items. With advances in technology, online shopping and the growing use of credit cards, most Americans don’t even know where to begin when it comes to introducing a budget. Continue reading
When Bernie Sanders released his long-awaited health care plan last month, it was light on the details. But it did include one major, crowd-pleasing promise: Under his Medicare-for-all proposal, no American would ever have to pay a deductible or co-payment to receive health care again. Continue reading
Like many employers, Flambeau uses a wellness program to cut insurance costs by encouraging healthy employee habits. In the past, submitting to on-site tests of blood pressure, body-mass, and cholesterol meant saving a few hundred dollars. Now companies such as Flambeau have gone a step farther, denying healthcare entirely to those who don’t participate. People like Arnold must instead pay for more expensive coverage through the government’s COBRA program. Continue reading
A 53-year-old woman on Medicaid in Washington State who has never had a mammogram elects to get one in return for a $15 gift card.
A 35-year-old woman in Florida chooses to get her first mammogram because her insurer, Aetna, offers a $50 payroll check. Continue reading
Group health insurance is a reality for many businesses, both big and small, but it’s not always the “benefit” that companies would like it to be. Even the most popular group plans can sometimes fall short of expectations, and there are several reasons why it might not be the right solution for your business or your employees. Continue reading
