Health PlansMore large employers are instituting health plan strategies that encourage workers to take responsibility for their own health, according to a recent survey by Towers Watson and the National Business Group on Health.
They came; they sat; they talked. And talked. And EBAs health care reform panel watched and listened.
Canada has a single-payer health care system in which virtually all medical care is government-paid. Consumers have no copayments, no deductibles and no medical cost sharing.
While things are currently in turmoil, health care reform is bound to happen in one form or another, sooner or later. If reform does not happen on the federal level, it may happen in state legislatures. Whatever form it takes will likely lead to significant changes in the major medical marketplace - not all of which will good for advisers. Rather than dreading the inevitable, though, forward-thinking advisers such as Russ Childers, owner of Russ Childers Insurance and Investments in Americus, Ga., are focusing on the opportunities that reform can present.
Employee health care costs have increased 9% to 12% annually in recent years, far outpacing inflation. Those costs are expected to double within five years.
A week after President Barack Obamas State of the Union address in which he mentioned the topic of jobs at least four times more than health care, EBAs health reform panelists reflect on what the presidents new focus could mean for the health care debate moving forward.
Employees are eight times more likely to be engaged in their work when their employers make wellness a priority, according to a white paper from Right Management, a subsidiary of Manpower Inc.
I recently read Who Shall Live?, written in 1974 by Victor Fuchs, professor emeritus of health care policy at Stanford Medical School. This month's column summarizes the book's major findings, including some interesting quotes.
There's almost universal agreement among producers and their employer clients, as well as the employee populations they serve, that one's income is a person's most important asset - and that a sound financial-planning strategy must be in place to protect those earnings.
It's likely that health savings accounts will remain part of the benefits landscape regardless of the final outcome of the current push for health care reform.
Smoking costs a whole lot more than the price of cigarettes. The Centers for Disease Control and Prevention identified tobacco use as the single most preventable cause of disease, disability and death. Health-related economic losses from smoking are an astounding $193 billion. Most of the cost ($97 billion) is from lost productivity. The problem is simply too big to ignore. Recommending a smoking cessation program for your clients is solid advice
Its been about a week since Republican Scott Browns election to Senator Edward Kennedys Massachusetts Senate seat derailed Democrats health care reform efforts by ending their filibuster-proof, 60-seat majority.
Our current private health insurance market is dominated by one-year health insurance policies - not 10-year, 20-year or lifetime policies. Do these short-term policies offer carriers and providers the right financial incentives to improve the health of our population?
In use by roughly 4% of Americans with insurance coverage, consumer-driven health plans are by no means dominating the health insurance market.