As the Affordable Care Act continues to necessitate the evolution of the benefit advisers role with individual and employer clients, knowing about the tax ramifications of the health law is a must.
Despite a surge in sign-ups through public exchanges, the newly insured have many of the same fears about explosive health care costs as those who have dealt with the issues of coverage in previous years.
How the ACA has drawn attention to vision care coverage and prompted employers to ask advisers about this voluntary benefit.
As business leaders and government officials cope with surging health care costs, one global think tank is estimating that up to $303 billion can be saved through a healthier workforce should chronic disease prevention efforts in the workplace become the norm.
Advisers working with employer clients on ACA compliance should pay close attention to the DOLs recent updates on out-of-pocket limits and preventive service requirements.
Private exchanges increasingly will feature single-carrier rather than multicarrier networks as well as more expansive product lines.
The National Business Group on Health's new CEO, Brian Marcotte, discusses two issues employers are focused on right now besides ACA compliance, and warns that accountable care organizations run the risk of being stereotyped the same way managed care organizations were 20 years ago.
Janet Trautwein, CEO of the National Association of Health Underwriters, talks about ACA compliance and how the midterm elections might affect the ACA and ultimately brokers two of the topics that will be discussed at the group's annual conference at the end of the month. She also highlights three major trends in benefits, including exchanges, that advisers should be keeping tabs on.
Several benefit brokers share their experiences with using TV ads during open enrollment 2014.
Insurance carriers are proposing a series of solutions to make the ACA exchanges more consumer-friendly, but not all brokers and agents agree with the ideas.
The harsh reality for a couple retiring at age 65 this year is that they will need a small fortune just to cover their medical expenses in retirement.
Although a vast majority of employers plan to continue providing health care benefits for their employees, many are taking drastic action to mitigate the health care reform laws financial effects on their benefit strategies.
CMS has granted 18 states a delay in enacting employee choice on the SHOP exchange, which some advisers feel is the only incentive for employers to enroll on the exchange at all.
The emergence of public and private health insurance exchanges, as well as the ongoing shift toward placing more responsibility on workers for health plan decisions, is creating a new normal for employers and employees alike.
Potentially a result of complaints from consumers and increased competition on the ACA exchanges, benefit brokers may be pleased to find more options on the 2015 plans.