Recently, Congress passed a bipartisan change to the Affordable Care Act’s definition of a small employer, sending the measure to President Obama’s desk. If signed into law, the federal requirement to expand the small group market to mid-sized businesses in 2016 would be halted. Let’s take a quick look at what the bill is, and what it means for small and mid-sized employers. Continue reading
While the Republican presidential candidates have been busy railing against Obamacare, the two leading contenders for the Democratic nomination have staked out radically different ideas on how to improve the American health care system. Continue reading
It’s easier than ever to travel to faraway places; explore remote islands; ski, climb, cycle, glide; and to do it all with your family in tow, or on your own. Should you buy travel health insurance before you set off? Or shrug and roll the dice?
The answer depends on several factors, including what you plan to do and where (are you taking a literary walk in England or heli-skiing in Chile?), your age, health, existing insurance and appetite for risk. Continue reading
Millions of people each year find themselves in transition with their health care coverage. They may be leaving an employer and considering COBRA coverage, or may be nearing retirement and planning to enroll in Medicare. They may be able to use Medicaid for their children’s health care coverage or an exchange plan on the Health Insurance Marketplace with lower costs from subsidies. Continue reading
The medical professional liability insurance market continued its years-long decline in 2014 in terms of net written premium volume, hammered by forces including worsening accident-year results and a rapidly evolving healthcare market, Fitch Ratings found.
Despite its challenges, the MPLI market still managed to report a profit in 2014 and could be a target for consolidation, Fitch said. Continue reading
Four of five workers who receive their insurance through an employer now pay a deductible, in which they must pay some of their medical bills before their coverage starts, according to Kaiser. Continue reading
For most employers, the Affordable Care Act (ACA) has brought increased healthcare costs and administrative time. One way employers are dealing with ACA compliance is with technology. In fact, the market of ACA compliance software is growing rapidly. From startups to payroll companies to veteran health insurance companies, there are a variety of companies offering compliance technology solutions to help employers manage compliance efficiently and accurately. Continue reading
New York consumers are among the latest to receive word of double-digit increases in the premiums they must pay to keep their insurance coverage for long-term care. Continue reading
