Recent Stories From This Author
Waiting to see how private exchanges play out is no longer a business strategy; and to succeed, brokers must change their business practices, speaker at EBA/EBN Private Healthcare Exchanges conference says.
Satisfied with increased plan engagement, affordable options and a chance to focus on wellness through Aon's exchange platform, the national retailer is not looking back.
As a value-added reseller, Apprize Technology sells and services to brokers three different benefit administration platforms, what many call a private exchange— bswift, benefitsCONNECT and Infiniti HR. Gary Wert, Apprize’s president, discusses why Apprize and other resellers may have to turn away business in the fourth quarter and why some brokers aren’t building their own exchange, but rather using a reseller.
As they struggle to become financially stable, state-based health insurance marketplaces are lagging behind the federally-facilitated marketplace and are likely to continue to do so in the near future.
With 24 Republican senators up for reelection in November 2016, not to mention the presidential election, there is so much set to change for both public and private exchanges.
The Centers for Medicare and Medicaid Services estimates that more than 77,000 brokers and agents assisted with enrollments on the federally-facilitated marketplace in year two open enrollment, up 46% from the year prior.
Companies are shifting their attention to health coverage for their pre-65 retiree population and exploring the opportunities public exchanges provide this population, now that the Supreme Court has upheld subsides on the federally-facilitated health insurance marketplace.
As employers search for ways to trim health care costs, advisers are increasingly exploring the use of data to steer plan design.
In the constantly changing health insurance business, the only way to stay ahead of the competition is to reinvest in your company, your employees and your technology. That’s what Sparks, Md.-based Kelly & Associates Insurance Group has been doing. What can smaller firms learn from Kelly and why is the continual reinvestment so important?
More than half of the nation approves of the Supreme Court ruling in King v. Burwell that subsides on the federal health care exchange can be legally issued to consumers.
Employer clients and their employees expect innovative technology solutions to meet their needs, even when it comes to health care — and especially when it comes to private exchanges.
The merger of Willis and Towers Watson is likely just one of many to come in the next few years, as the Affordable Care Act and other factors continue to change the landscape of the business of health care, industry experts agree.
Plan sponsors’ loyalty to their retirement service providers is slightly down year-over-year, presenting an opportunity for advisers to advocate for their clients.
The Supreme Court’s ruling in King v. Burwell that subsides on the federally-facilitated marketplace can continue may present an opportunity for struggling state-based marketplaces to switch to Healthcare.gov, as other challenges remain for exchanges nationwide.
A group of industry players connected to private exchanges launched a coalition Wednesday to serve as a forum to share ideas and best practices, and to increase awareness of private exchanges.
No longer hiding on an intranet or mentioned in a one-off meeting, voluntary benefits are making a big impact on private exchanges, especially as high deductible plans increase and employees self-select into lower coverage.
In the eight states that have announced their 2016 proposed rates for purchasing coverage on the public health care exchanges, the average increase for a silver plan is 5.8%.
Private exchange enrollment numbers depend on how one defines a private exchange. For some, a private exchange is simply tech-enabled choice — which most employers are embracing — while others define it as more than technology. Despite the definition, most consultancies agree by 2018, the numbers will be huge.
EPIC Insurance Brokers and Consultants was a long time user of Liazon’s private exchange software, but this week launched its own exchange, developed in partnership with Hodges-Mace. Chris Duncan, EPIC’s chief growth officer, discusses the move and why exchanges may not be for everyone.
HR departments lack a clear understanding of fees and commissions attached to private exchanges, with many early exchange adopters uncovering fees once they start using the model.