The move to a private exchange could be difficult for employees who generally are not accustomed to making benefits plan decisions for themselves, or who balk at the potential of an increased out-of-pocket burden. Its incumbent upon employers to guide them through the transition to help them accept the idea that having more power and choice is a good trade-off to taking on more risk.
Benefit advisers and employers should follow these suggestions from Mercer on ways to make open enrollment 2015 successful for companies and employers alike.
Two court rulings issued this week taking opposing views on the legality of subsidies granted to individuals who enroll in the public health care exchanges have the potential to further delay the employer mandate, say some legal experts.
As some brokers continue to wait for their payments, it seems no one carrier is better or worse at this issue across the U.S. What is clear is that advisers who previously worked in group need to learn a new system to track and monitor commissions.
In another blow to President Barack Obamas signature legislation, a three-judge panel on the D.C. Circuit Court of Appeals has ruled in favor of the plaintiff, declaring the laws premium subsidies are invalid in more than two dozen states due to the laws specific language.
Commentary: Blogger Cyndy Nayer discusses how to ensure the efficacy of true patient-centered care and whats needed for value-based decisions to succeed.
Commentary: Columnist Jerry Kalish discusses the ins and outs of cafeteria plans, which may be seeing a rise in interest due to the ACA.
With health care costs continuing to rise, its no surprise to benefit advisers that their employer clients continue to seek benefit solutions that shift some of the cost burden to their employees and new data reveals that trend shows no signs of stopping.
Early adopters to the private exchanges say they've experienced major issues with helping workers better understand the complexities - and do-it-yourself aspects - of the new world of health care.
A boom in private exchanges and a changing distribution system for health care will create a new landscape for benefits managers and advisers, with more emphasis on consumer-directed health care.
A proposal up for vote in the most populous state would give the insurance commissioner veto power over health insurance rates, among other things, and has brokers fearful of the trend spreading to other states.
Ron Goldstein, president and CEO of CaliforniaChoice, talks about the advantages of private exchanges and how networks will start to drive the benefits market as the Affordable Care Act levels the playing field on price and benefit offerings.
The Senate Wednesday failed to get enough support for its reversal plan of the recent Supreme Court Hobby Lobby ruling that will allow some employers to decline providing insurance coverage for some forms of birth control based on religious grounds.
Ann Mond Johnson, chairman of the board of managers at ConnectedHealth, a private health care exchange, discusses two components of health care consumerism -- choice and transparency -- and how benefit managers can foster better health care consumerism among employees.
For most employers, the Hobby Lobby decision will have little impact, meaning they will have to comply with the ACA as written. Looking for loopholes can be risky, not just for ACA compliance but also for ERISA compliance, generally.