Perhaps the hottest trend in benefits right now is the exchange distribution model. In EBAs ongoing series of discussions with heads of the countrys top brokerages, these leaders share their approach to the exchange system and how they see private exchanges impacting the future of benefits.
As an effort to comply with the ACA, some employers have been considering offering employees a lump sum of cash to purchase health care coverage on the exchanges, but the DOL now says such an arrangement isn't going to cut it.
Delays, limited awareness, competition and insufficient subsidies among problems outlined in a Government Accountability Office report on state and federal small group exchanges. CMS says brokers will play a key role in any future growth.
There are many Affordable Care Act requirements that employer clients must keep track of, and a benefit administration system can be the answer. But how exactly do they help, and what role does an adviser play in the process? Watch as Beverly Beattie, CEO of Selden Beattie Benefit Advisors, and Jamie Hawkins, CEO of Benefit Technology Resources LLC, share why an adviser is the quarterback in this process and how to pick the right system.
Acquired by Towers Watson in November 2013, private exchange provider Liazon is navigating a unique space. It is both owned by a consultancy and used by that firms competitors. Alan Cohen, co-founder and chief strategy officer of Liazon, discusses how all brokers fit into the exchange equation and what, in his view, makes an exchange, an exchange.
An onslaught of Dec. 1 renewal dates means premium rates remain steady for now, but advisers need to prepare for heavy 4th quarter workloads.
With the Affordable Care Acts new reporting requirements fast approaching, employers and their benefit advisers need more than ever to keep abreast of whats happening with the ever-changing health care reform law. Here are five ACA issues the national law firm Epstein Becker Green says employers need to be following.