Employee Benefits

27 10, 2016

The Labor Market Squeeze

By |October 27th, 2016|Employee Benefits|Comments Off on The Labor Market Squeeze

orangesMany employers are expressing concerns that it’s becoming increasingly difficult to find qualified applicants.  A couple of recent surveys outline the problem facing employers:

  • Graham Personnel found that 59% of employers are having difficulty hiring qualified applicants.  They [...]
13 10, 2016

Colorado Looks To A Single Payer Solution: ColoradoCare

By |October 13th, 2016|Employee Benefits|Comments Off on Colorado Looks To A Single Payer Solution: ColoradoCare

colorado careThis November, Colorado voters will have the opportunity to vote on Amendment 69 known as ColoradoCare.  The amendment would create a non-profit state-based insurance option governed by a 21 member board of trustees covering all residents [...]

10 10, 2016

Will Carrier Consolidation Drive Prices Up or Down?

By |October 10th, 2016|Employee Benefits|Comments Off on Will Carrier Consolidation Drive Prices Up or Down?

will-carrier-consolidation-drive-prices-up-or-down_The Justice Department is questioning the merger of Aetna and Humana, and CIGNA and Anthem, citing that too much merging of insurers will create a monopoly like industry which will ultimately result in higher consumer prices.  Kaiser [...]

27 09, 2016

Administrative Errors Can Be Costly To Benefit Plans

By |September 27th, 2016|Employee Benefits|Comments Off on Administrative Errors Can Be Costly To Benefit Plans

benefit plansA recent US District Court case out of Michigan places a spotlight on how important it is for employers to properly administer their benefit plans.  In the case of Van Loo v. Cajun Operating Company, a deceased [...]

20 09, 2016

Blue Cross Blue Shield of North Carolina Pays Record Fine

By |September 20th, 2016|Employee Benefits|Comments Off on Blue Cross Blue Shield of North Carolina Pays Record Fine

bcbsnc-pays-record-fineOn September 15, 2016, the North Carolina Department of Insurance (NC DOI) and Blue Cross Blue Shield of North Carolina (BCBSNC) announced a voluntary settlement in an ongoing investigation into a long string of complaints against BCBSNC. [...]

13 09, 2016

Financial Wellness: A New Trend In Employee Benefits

By |September 13th, 2016|Employee Benefits|Comments Off on Financial Wellness: A New Trend In Employee Benefits

financial-wellnessEmployers are becoming more invested in their employees’ wellness than ever.  Many employers understand that “wellness” can extend to other areas of their employees’ lives, including financial wellness.  According to a recent report, over half of employers are [...]

6 09, 2016

A Look At Trends In Health Care Costs

By |September 6th, 2016|Employee Benefits|Comments Off on A Look At Trends In Health Care Costs

A Look At Trends In Health Care CostsWe have all seen the effects of rising health care costs on medical insurance plans.  The days where low copays, deductibles and out-of-pocket maximums were common in most plans, now seem to [...]

29 08, 2016

Form 5500 Revisions Impact Both Small And Large Employers

By |August 29th, 2016|Employee Benefits|Comments Off on Form 5500 Revisions Impact Both Small And Large Employers

form 5500The Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit GuarantyCorporation (PBGC) recently proposed significant changes to the form 5500 which has implications for both large employers and small employers. Targeting an effective [...]

27 06, 2016

Marketplace Premiums Will Continue To Trend Upward In 2017

By |June 27th, 2016|Employee Benefits|Comments Off on Marketplace Premiums Will Continue To Trend Upward In 2017

Marketplace Premiums Will Continue To Trend Upward In 2017Now is the time when insurance carriers will begin determining premium pricing for their individual plans and filing for approval with state departments of insurance.  Undoubtedly, their goal will be to offer [...]

22 06, 2016

Do Transparency Tools Make Us Better Consumers?

By |June 22nd, 2016|Employee Benefits|Comments Off on Do Transparency Tools Make Us Better Consumers?

time for a(4)Transparency tools may make us better consumers but will they really help keep health plan costs down?  A couple of recent studies indicate that this tactical approach, which is intended to make us better shoppers of healthcare, is [...]

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