Industry News

2024: A Cooling Economy and Heating Health Care Costs

Key Strategies to Cut Through Rising Expenses “2023 was a year of surprises, a panel of consultants at Mercer said during a recent webinar,” noted Susan Rupe, managing editor for InsuranceNewsNet. “...

Navigating Compliance, Healthcare Costs, and the Role of AI

Navigating Compliance, Healthcare Costs, and the Role of AIOptavise HR 2024 Benefits Broker Report Reveals InsightsFor health insurance brokers, staying ahead of industry trends is key to maintaining ...

U.S. Healthcare Costs to Hit $8 Trillion in a Decade

Your role is more important than ever! Federal actuaries project U.S. healthcare spending will soar to $7.7 trillion by 2032, a $2.9 trillion increase from 2022. According to NewsNation.com, healt...

Embracing the Telehealth Revolution: A Must for Health Insurance Brokers

Embracing the Telehealth Revolution: A Must for Health Insurance Brokers The healthcare landscape is always rapidly evolving, with telehealth emerging as a prominent trend reshaping the industry. A...

Customer Satisfaction Soars for Top Health Plans, Plummets for the Worst J.D. Power Study Reveals 79-Point Gap in Member Satisfaction, Highlights Key Areas for Improvement

Customer Satisfaction Soars for Top Health Plans, Plummets for the Worst J.D. Power Study Reveals 79-Point Gap in Member Satisfaction, Highlights Key Areas for Improvement For employees enrolled...

KFF Article “Why Affordability Is the Big Tent” A closer look for brokers

KFF President and CEO Drew Altman explores why the public’s concerns about out-of-pocket health costs make health care affordability the health policy issue most likely to resonate with Americans...

Employer Coverage of GLP-1 Medication Is Predicted to Continue Increasing Throughout 2024

Treating obesity and decreasing its prevalence rates in the United States have become very significant and challenging public health issues in modern medicine. That’s why the recent development and wi...

Trends Shaping the Business of Health Insurance in 2024

​The landscape of employer-based health care is continually evolving, influenced by a myriad of factors ranging from regulatory changes to economic fluctuations. As we delve into 2024, experts foresee...

Is Your Level Funded Plan Compliant?

For many years, large employers have enjoyed the advantages of self-funded health plans while self-funding was not an option for the small-to-midsize employer. However, many carriers recently began ma...

Poor Health Costs US Employers An Average of $575 Billion & 1.5 Billion Days of Lost Productivity

It’s always been obvious that there is an inextricable link between worker health and productivity, with the former generally influencing the latter. In other words, the better a worker’s health, the ...

The US Workforce Expects More from Employers to Treat Their Health and Wellness

It’s been three years since the onset of the COVID-19 pandemic. But in those three years, we’ve seen a profound change in the public perception of health and wellness and the expectations for health c...

Costs for Health Benefits Expected to Rise 5.4% in 2023

According to a Mercer poll released in December of 2022, employers are expecting a significant hike of 5.4% in health benefits costs in 2023. Experts also state that they should be prepared for contin...