In states that run their own health care exchanges, many legislatures thought of the setup costs during the establishment process, but few thought about ongoing funding to achieve a breakeven point let alone how to get to a surplus, says Jeffrey Kissel, CEO of Hawaiis state-run exchange. Listen as Kissel shares how exchanges are making their funding cases now and how his business background -- he was previously CEO of Hawaii Gas helps him in his new role at Hawaii Health Connector.
Companies struggle with absence management, and many employers have difficulty interpreting federal and state leave laws, new research shows. Guardian's Michael Estep shares what issues employers face and what they can do to manage absenteeism.
There are three paths to the future of employer-sponsored health care and brokers are woefully unprepared for one of them, says Benefitter CEO Brian Poger. Almost no brokers today have solutions for moving employees to the public exchange, he says, adding that the market will force their hand soon.
The No. 1 item the Department of Labor will examine during an audit is the plan document, yet some employers dont have one at all. Mark Lam, vice president of employee benefits compliance for Assurance, explains how advisers can help employers understand the importance of the plan document and what the DOL will be looking for in one.
Employers are placing more value on voluntary benefits, new research shows. Most considerations for doing so don't change much over time, but LIMRA's Ron Neyer shares how two factors "increased significantly" in 2014, according to LIMRA's research.
The ACA continues to effect change in the benefits industry. Joseph Berardo, Jr., CEO of health care services company MagnaCare, talks about what employers will be doing in 2015 to comply with the ACA and how the benefit advisers that embrace those changes will thrive rather than simply survive.
In 2015 employers will continue to seek more personalized wellness programs to improve employee engagement, says Jill Micklow, a wellness consultant at Assurance. Benefit advisers, she adds, play a critical role in helping employers vet vendors and implement these programs.
Sean Duffy, CEO of Omada Health, explains how online behavior change programs, also known as digital therapeutics, can help employers prevent obesity-related chronic conditions such as type 2 diabetes.
Looking only at wellness program participation rates misses the big picture and limits the effectiveness of an organizations plan, says Healthentics Sean Gallivan. Listen in as he shares how advisers should be directing their clients to take advantage of biometric screenings.
NAHU CEO Janet Trautwein and Neil Crosby, vice president of public affairs for the California Association of Health Underwriters discuss the controversial California ballot initiative Proposition 45 and the national implications it could have on the insurance and benefits industry.