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Industry News

06/20/2018

Education is Key

Dental insurance is an important part of any employer’s benefits package. Studies have shown that potential hires are turning down jobs due to dissatisfaction with benefit offerings. But simply offeri...
06/19/2018

Health Care Costs Explained

In 2018, healthcare costs averaged $28,166 for a family of four on an employer-sponsored PPO, according to the 2018-Milliman-Medical-Index. That’s a $1,222 increase over last year. The MMI has been in...
05/16/2018

California Supreme Court Ruling Means Many Independent Contractors Could Gain Employee Status

The California Supreme Court ruled, on April 30, that a tougher legal standard must be used to classify a worker as an independent contractor instead of an employee. This is a major development in C...
05/02/2018

Higher HSA Family Contribution Remains for 2018

Great news! The IRS has re-established $6,900 as the 2018 Health Savings Account (HSA) maximum contribution limit for individuals with family coverage under a high deductible health plan (HDHP). Th...
05/01/2018

Market Consolidation Drives Up Prices and Premiums

Market consolidation in California is driving up prices for hospitals and physician services as well as ACA premiums, according to a report from UC Berkeley. The comparison is stark between the highly...
04/26/2018

Healthcare Consumerism Is On The Rise

Consumers are increasingly taking action to reduce costs and get better value for their health care dollars. But many are not fully prepared to manage financial responsibilities when it comes to their...
04/24/2018

What Younger Workers Want in Health Benefits

Millennials have distinct preferences when it comes to their health benefits, according to a survey by the Employee Benefit Research Institute. Compared to older generations, Millennials are more like...
04/18/2018

Final Rule Gives States More Flexibility Under the ACA

CMS published a final rule April 9 that generally gives states more power to regulate their insurance markets. However, there are more restrictions when it comes to the advanced premium tax credit. Th...
04/18/2018

Blockchain is Coming to Health Insurance

by Ken Doyle he health insurance industry is under extreme pressure to regulate costs while providing quality care. A saving grace may come in the form of a new technology that all started with Bit...
04/18/2018

Groups Launch Universal Coverage Campaign

The new Care4All California campaign includes a coalition of 50 organizations including consumer advocacy organizations, community groups, labor unions, progressive organizations and health care group...
04/16/2018

HDHPs and Voluntary Benefits Are Hot in the West

High deductible health plans (HDHPs) and voluntary benefits are becoming more and more popular in the Western United States, according to a report by Benefitfocus. Since 2016, HDHP offering rates incr...
04/11/2018

The IRS is Assessing ACA Penalties

The IRS is sending penalty Letter 226-J to applicable large employers (ALEs) for not complying with the ACA’s employer mandate requirements for the 2015 tax year. Letter 226-J notifies these employers...

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