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It currently takes an average of 31 days to fill a position vacancy in the United States, according to a recent report by Deutsche Bank. This is the longest span ever, contrasted against 15 days to fill a job in 2009. As if to confirm the report, the National Federation of Independent Business (NFIB) recently […]

The ACA currently protects individuals from being denied coverage due to pre-existing conditions. Specifically, it prohibits both exclusions of coverage of specific benefits and complete exclusions from a plan or coverage based on a pre-existing condition. The AHCA retains these protections. However, it would allow issuers in states that receive waivers of the community rating

The American Health Care Act (AHCA) was passed by the U.S. House of Representatives on May 4, 2017. The AHCA will move to the Senate for a vote and possible amendments. The AHCA needed 216 votes to pass in the House. It passed on a party-line vote, with 217 Republicans and no Democrats voting in

On May 5, 2017, the Internal Revenue Service (IRS) released the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018. These limits include: • The maximum HSA contribution limit; • The minimum deductible amount for HDHPs; and • The maximum out-of-pocket expense limit for HDHPs. These limits vary based on whether an

The show starts about 7.5 minutes into this recording. The topic, our favorite, all about employee benefit trends. https://www.youtube.com/watch?v=i0-kLVmSV7w&feature=share

Health care costs continue to rise, which means employers need to take every opportunity to lower expenses. One strategy is to employ referenced-based pricing (RBP). RBP enables employers to set limits on certain medical services, shifting the cost-analysis burden onto employees. See this attached “Benefits Insights” for the full article. Referenced Based Pricing