Helping employers with benefits education is often cited as a key advantage of private health care exchanges, and while educating employees on their benefit choices was noted as a top challenge in a recent employer survey, only 2% of those surveyed have opted for a private exchange.
Commentary: Columnist Jack Kwicien notes that the future for benefits brokerages is unpredictable and tough, so one survival strategy might just be the private exchange.
Judi Carsrud is NAIFAs director of federal relations and she joins EBA to discuss the major issues their members have with current tax reform discussions in Congress and their advocacy efforts for NARAB, the bill that could streamline broker licensing.
The U.S. House of Representatives passed a NAHU-backed bill exempting expatriate health plans from the ACA.
A multi-generational and increasingly diverse workplace, coupled with the ongoing adjustments of the ACA, has led more and more employers to consider the benefits of defined contribution health care models.
Julie Stich, director of research for the International Foundation of Employee Benefit Plans, outlines important legislation and guidance affecting employers in 2014 and discusses employer concerns that benefit advisers can help address.
Employers struggling to attract and retain employees have identified five compensation and reward strategies that theyre most concerned about implementing in 2014. Advisers, take note.
Unbeknownst to your clients, prescription drugs are likely costing them a great deal. As their trusted adviser, heres how you can help.
While benefit brokers applaud HHS efforts to hold ACA exchange navigators to licensing and certification standards, many worry federal regulation will undermine state efforts already in place.
Benefit advisers should be familiar with certain grace periods when employers can avoid penalties.
Topping the recent California rate of 39%, brokers on this state-run exchange completed more than 36,000 of the private health plan enrollments. Their record with SHOP enrollments, however, was a different story.
Industry musings about how fast this employee benefit selection tool will grow and in what format are plentiful.
While no public exchange was without troubles during the first ACA open-enrollment period, one state in particular put unique efforts into its SHOP component and saw results.
Employees are craving voluntary benefits to offset high deductible plans, yet many say they havent been offered any new options since the ACA became law.
Consumer spending climbed by $20.4 billion at an annualized rate adjusted for inflation in February, and $13 billion of the increase came from outlays on health services spurred by the ACA, according to Commerce Department data.