The deadline to enroll in health plans that begin Jan. 1 was extended to midnight today from yesterday for most of the U.S., the Centers for Medicare & Medicaid Services said. The extension was announced as healthcare.gov yesterday experienced a single-day record number of visits and consumers were moved into a queuing system deployed when the website approaches 50,000 simultaneous users.
The success of the health care overhaul relies on a diverse pool of customers where younger, healthier participants balance the costs of covering older, sicker people. Insurers say they cant make more concessions without putting themselves at risk that patients will wait and sign up only when they need care.
While employers expect to continue implementing cost-sharing measures in their health care plans in 2014, most plan on keeping group coverage for the next year. And just 5% of employers anticipate moving employees to a private exchange, according to the 2013/2014 Verisight and McGladrey Compensation, Retirement and Benefits Trends Survey.
The most recent LIMRA survey reveals that approximately 60% of Americans who have used health exchanges so far to try to shop for health coverage say they sought out assistance when actually buying their health insurance plan.
2013 was a pinnacle year in health care with the opening of the Affordable Care Acts health care exchanges. But what can we expect in 2014? EBA spoke with experts across the spectrum to find out. [Photos: Fotolia]
Why small employers havent bought into private exchanges yet
A group of Catholic health and educational organizations dont have to comply with a federal Affordable Care Act requirement to provide their employees with contraception coverage, a federal judge in New York ruled.
The government failed to send data to health insurers for about 15,000 people who enrolled in Obamacare through early December, an error corrected last week before it could jeopardize their coverage, the U.S. said.
Theres some good news for those who fear that putting health care financial decisions in the hands of employees might produce nothing but confusion. Instead, a new survey indicates that employees who actively contribute to their HSAs do indeed become more engaged and involved in managing their health.
Employers continue to see a rise in health insurance costs. Annual premiums for employer-sponsored family health coverage reached $16,351 in 2013, up 4% from last year, according to the Kaiser Family Foundation/Health Research & Educational Trust (HRET) 2013 Employer Health Benefits Survey. So how can employers work to control these costs? A key success factor in reducing health insurance costs is the leaderships commitment to this strategy. Can you find top-down leadership commitment to a long-term program
Time may not be on the side of carriers in their quest to set appropriate rates for 2015 if the 2014 enrollments take longer than expected because of further online technical delays, public apathy or both.
Consulting firm Towers Watson announced today it has bought private health care exchange provider Liazon, which operates the Bright Choices exchange, for $215 million. The deal further validates the private exchange market, says one of Liazon's competitors.
A public employer in California is building its own marketplace to mirror public exchanges under the Affordable Care Act a potential idea for brokers for prospecting.
Flexible spending account advocates expect most employers to embrace rollover provision.
Were living in the age of big data, so why has so little changed in how we make our health insurance decisions, asks Liazon co-founder Alan Cohen. The private exchange entrepreneur makes the case why benefits should meet technology.