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Category: "Health Plan Management"

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05/23/11

  04:52:09 pm, by MedBen5   , 118 words,  
Categories: News, Health Plan Management

IRS Releases HSA Cost-of-living Adjustments

The IRS has released the 2012 cost-of-living adjustments affecting HSAs. The HSA contribution limits and HDHP out-of-pocket maximums will increase, while the HDHP minimum required deductibles remain the same. HSA Contribution Limits – The… more »
  04:30:50 pm, by MedBen5   , 223 words,  
Categories: News, Health Plan Management

Retroactive Termination of Former Spouse's Coverage Doesn't Constitute Rescission

Consulting firm EBIA has addressed the question of employer responsibility when an employee divorces but doesn’t notify their employer until sometime later. Does retroactively cancelling the ex-spouse’s insurance coverage back to the date of… more »

05/20/11

  04:02:53 pm, by MedBen5   , 214 words,  
Categories: News, Health Plan Management

Medical Malpractice Reform Loses Momentum

Malpractice reform seems like one health care issue that both political parties could find some common ground – even President Obama stated as much in his State of Union address. But the Connecticut Mirror reports that progress on curbing… more »

05/19/11

  05:28:45 pm, by MedBen5   , 269 words,  
Categories: News, Health Plan Management

US Employer Health Cost Expected To Rise 8.5% In 2012

Employer health care costs will rise by an average of 8.5% in 2012, according to a PricewaterhouseCoopers study. The Wall Street Journal MarketWatch reports that while more moderate than previous years, the cost increase does reflect a growing… more »

05/17/11

  12:16:45 pm, by MedBen5   , 232 words,  
Categories: News, Health Plan Management

Major Savings Potential From Enhanced Anti-Fraud Focus

The jury is still out (way, way out, really) on the ultimate effectiveness of the Affordable Care Act, but there’s no denying that at least one good thing has come from it. The federal government has stepped up efforts to reduce fraudlent activity… more »
  11:21:40 am, by MedBen5   , 200 words,  
Categories: News, Health Plan Management

Cost Awareness Translates To Reduction In Unneeded Blood Tests

You’re probably heard the saying that “a little knowledge is a dangerous thing"… and in the wrong hands, that may be true. But get the right knowledge to the right people and good things can happen. Case in point: A new study finds… more »

05/12/11

  05:36:34 pm, by MedBen5   , 202 words,  
Categories: News, Health Plan Management

AMA President On Health Insurance And Individual Responsibility

KevinMD.com features a guest column by American Medical Association President Cecil B. Wilson, who writes about the importance of responsibility when it comes to health insurance – for the individuals who do and don’t have it, as well as for… more »

05/11/11

  05:55:46 pm, by MedBen5   , 164 words,  
Categories: News, Health Plan Management

Nine States Want Medical Loss Ratio Requirement Reduced

NPR reports that nine states have asked the federal government to waive the requirement that insurers spend at least 80% of their premiums on medical care or give rebates to individual policyholders. Under current Affordable Care Act guidelines,… more »

05/10/11

  04:14:39 pm, by MedBen5   , 183 words,  
Categories: News, Health Plan Management

Twin Bills Propose National Single-Payer Health Care System

Republicans have been pretty busy these days introducing – and in the House, passing – bills to change the face of federal health care reform. So you can’t really blame those on the other side of the aisle for wanting to get in on the… more »

05/09/11

  05:25:47 pm, by MedBen5   , 212 words,  
Categories: News, Health Plan Management

High-Risk Plan Popularity Improves, Though Enrollments Still Low

Enrollment in high-risk insurance pools has grown steadily this year, but still lags well behind initial estimates. NPR reports. As of the end of March, 18,313 people nationwide have signed up for the Pre-Existing Condition Insurance Plan – a… more »

05/06/11

  12:50:06 pm, by MedBen5   , 228 words,  
Categories: Announcements, Health Plan Management

US Near The Bottom In OOP Health Spending Percentage

Megan McArdle of The Atlantic recently published an interesting chart that we thought we’d share with you here. The chart appears in an response to a piece by columnist Paul Krugman in which he criticizes consumer-driven health plans because,… more »

05/05/11

  03:55:39 pm, by MedBen5   , 200 words,  
Categories: News, Health Plan Management

26 States File Motion Challenging Health Reform Law

Plantiffs representing 26 states have filed a motion asking the 11th Circuit Court of Appeals in Atlanta to uphold a federal judge’s ruling that the Affordable Care Act exceeds the federal government’s powers, the Associated Press reports.… more »

05/04/11

  04:03:02 pm, by MedBen5   , 216 words,  
Categories: News, Health Plan Management

House Repeals Funding For State Insurance Exchanges

As we reported here a few days ago, the House Energy and Commerce Committee voted in March to repeal grants to help states set up health insurance exchanges. Yesterday, the full House concurred, voting 238-183 to cut funding, according to The Associated… more »

05/03/11

  04:50:29 pm, by MedBen5   , 198 words,  
Categories: News, Health Plan Management

Consumer-Driven Approach Appealing To More Businesses

Medical News Today reports that consumer-driven health plans continue to grow in popularity. According to a Mercer study commissioned by the American Association of Preferred Provider Organizations (AAPPO), CDHP enrollments rose from 23 million in 2009… more »
  03:55:09 pm, by MedBen5   , 221 words,  
Categories: News, Health Plan Management

Survey Highlights U.S. Health Care Concerns

The Kevin.MD blog brings up a rather brilliant point: When members of Congress were shaping the Affordable Care Act, just how much input did they get from average Americans about what they want from health care? The Commonwealth Fund has taken on the… more »

05/01/11

  10:08:50 pm, by MedBen5   , 150 words,  
Categories: News, Health Plan Management

Repeal Of Exchange Grant Could Save $14 Billion, But Lead To Enrollment Headaches

The Hill website reports that repealing grants to help states set up health insurance exchanges under the Affordable Care Act could save $14 billion over the next decade, according to the Congressional Budget Office – but no grants would also… more »

04/28/11

  04:36:33 pm, by MedBen5   , 319 words,  
Categories: News, Wellness, Health Plan Management

Cost Trends, Wellness and Health Reform Among Government Roundtable Topics

Representatives from Ohio and Indiana municipalities were in attendance at MedBen’s 5th Annual Employer Roundtable for Government Health Plans on April 28. Held at the MedBen home office, this year’s free program explored a wide range of… more »

04/26/11

  05:37:51 pm, by MedBen5   , 161 words,  
Categories: Health Plan Management

MedBen Plans Cover A Wide Range Of Medical Services

The New York Times has put together an interesting graph showing the percentage of specific health benefits covered under employer-sponsored plans. Using 2008-09 data gathered for a Labor Department report (a requirement under the Affordable Care Act),… more »

04/25/11

  12:53:09 pm, by MedBen5   , 178 words,  
Categories: News, Health Plan Management

Brokers Say Health Reform Negatively Impacting Their Clients

The Affordable Care Act is apparently having an unintended impact on employers, MedCity News reports. In a National Association of Health Underwriters survey of almost 2,400 insurance agents and brokers, more than half of the respondents state that some… more »

04/22/11

  11:59:02 am, by MedBen5   , 307 words,  
Categories: Health Plan Management

How One Man Reversed A Hospital's Fortunes

Sometimes, it may seem that the health care system is beyond repair when it comes to controlling costs – but luckily, some people refuse to buy into that mindset. Kaiser Health News and Fast Company share the story of one man’s successful… more »

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