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Category: Healthcare Cost

Fewer People Skipping Medical Care for Cost Reasons

According to the September 1, 2015 Amy Goldstein article in the Washington Post: "During the first three months of the year, just 1 in 20 Americans said they did not get medical care they needed because they could not afford it, according to the U.S. Centers for Disease Control and Prevention.The findings, from the federal National Health Interview Survey, show that 4.4 percent of people interviewed from January through March said they had skipped medical care in the previous... Read More
Posted by Cristie Travis at Thursday, September 3, 2015 | 0 comments

Narrow Networks Can Result in "Surprise" Bills for Patients and Employers

We've all heard the stories, or even experienced it ourselves, about finding out after-the-fact that the anesthesiologist used during surgery was out-of-network and, therefore, the patient and employer owe a lot more for those services that expected. This happens even though the hospital is in-network. This situation is becoming even more frequent due to the expanded number of narrow-networks put in place with the advent of the Marketplace (aka public health insurance exchange) and in the... Read More
Posted by Cristie Travis at Monday, August 31, 2015 | 0 comments

New, Very Expensive Treatments for Cholesterol Approved

NOTE: MBGH's new, specialty pharmacy management program for members is exactly what employers need to make the tough decisions around how to manage the costs of the new, very expensive treatments for high cholesterol, while still getting this treatment to those that need it. Contact Cristie at ctravis@memphisbusinessgroup.org to learn more. Two drugs in a new class of cholesterol-lowering treatments have now been approved by the FDA --  Praluent, made by Sanofi Regeneron... Read More
Posted by Cristie Travis at Monday, August 31, 2015 | 0 comments

Health Care Cost Increases Picking Up Speed

Drew Altman, in his June 11, 2015 WSJ blog post, believes the "lowest of the lows of the health cost slowdown are now in the rear view mirror" and as the economy has recovered, people are using more health care services. In addition, more people covered through health reform are likely impacting the increase as well. Read the blog post here . Read More
Posted by Cristie Travis at Friday, June 19, 2015 | 0 comments

Out-of-Network Charges Can Break the Bank

A recent report from America's Health Insurance Plans (AHIP) shows that across the US, some physicians are charging patients fees that are 10 times, and in some cases as much as 100 times, the amount Medicare pays when patients go outside their health plan's network. In Tennessee, for the selected procedures, out-of-network charges range from 7 times what Medicare pays to 33 times what Medicare pays. Hospitals have adopted a similar strategy. A study reported in the June edition of ... Read More
Posted by Cristie Travis at Friday, June 19, 2015 | 0 comments

Radical Approach to Hospital Bills: Set Your Own Price

According to Kaiser Health News, May 13, 2105:  "A small benefits consulting firm called ELAP Services is causing commotion by suggesting an alternative: Refuse to pay. When hospitals send invoices with charges that seem to bear no relationship to their costs, the Pennsylvania firm tells its clients (generally medium-sized employers) to just say no." "Instead, employers pay hospitals a much lower amount for their services — based on ELAP’s analysis of what is reasonable after analyzing... Read More
Posted by Cristie Travis at Thursday, May 14, 2015 | 0 comments

CVS Urges Cost Controls For New Cholesterol Medications

Citing the concern that eventually 15 million patients at an annual cost of $150 billion of a new class of cholesterol medications, CVS Health warned that the cost of these new medications could overwhelm the U.S. health care system "if rigid cost control mechanisms are not put in place". According to Reuters, CVS negotiates drug pricing for 65 million through contracts with employers and health plans. The concerns around cholesterol medications are closely following criticism regarding the... Read More
Posted by Cristie Travis at Wednesday, February 18, 2015 | 0 comments

Specialty Drugs to Account for 50% of Pharmacy Spend by 2018

Wonder why specialty drugs are likely to account for 50% of pharmacy spend by 2018? Here are three reasons: Supply and demand. Only 3.6% of the commercial population use specialty drugs so the market for these drugs is very small. On the other hand, the development costs are very high, resulting in high costs per patient. No generics . Specialty drugs are often too complex to be produced under generic requirements. LImitations on price increases once on the market. Manufacturers... Read More
Posted by Cristie Travis at Monday, October 27, 2014 | 0 comments

First Statewide Report Issued on Choosing Wisely Recommendations

From the National Business Coalition on Health: The first statewide report in the nation to measure Choosing Wisely® recommendations finds that patients in Washington state may be exposed to care that they don’t need—and potential harm. The report, Less Waste, Less Harm: Choosing Wisely in Washington State , offers county-by-county results for nine different Choosing Wisely recommendations. The results are based upon claims data representing 3.3 million lives in Washington state and was... Read More
Posted by Cristie Travis at Saturday, September 27, 2014 | 0 comments

Only Modest Premium Increases Seen in 2013: Kaiser Family Foundation Employer Health Survey

The Kaiser Family Foundation's 2013 Employer Health Survey, released August 20, 2013, found that there were only modest increases for both single and family premiums in 2013. Annual premiums for employer-sponsored family health coverage reached $16,351 this year, up 4 percent from last year, with workers on average paying $4,565 toward the cost of their coverage. During the same period, workers' wages and general inflation were up 1.8 percent and 1.1 percent respectively. This year's rise in... Read More
Posted by Cristie Travis at Wednesday, August 21, 2013 | 0 comments

Giving Cost Info to Providers May Not Change Ordering Habits

From the National Business Coalition on Health: In a new article published in the Journal of the American College of Radiology, researchers found that giving providers the cost information at the point of order entry made NO difference in which tests were ordered. Therefore, provider cost transparency alone does not significantly influence inpatient imaging utilization. While this research was conducted entirely within one specialty, there may be significant implications for... Read More
Posted by Cristie Travis at Tuesday, February 12, 2013 | 0 comments

Consumer Attitudes on Health Care Costs

From the National Business Coalition on Health : New Robert Wood Johnson Foundation research shows many Americans don't understand why health care costs are increasing nor how the trend affects them on a daily basis. RWJF orchestrated a series of eight focus groups in four major U.S. cities: Chicago, Denver, Philadelphia and Charlotte, N.C. Four of the focus groups included people with employer-sponsored health insurance, two groups were comprised of people who were self-insured, one group was... Read More
Posted by Cristie Travis at Saturday, January 12, 2013 | 0 comments

Most ACOs are Accountable in Name Only

In his KevinMD blog post , Brian Klepper, Ph.D. voices what many employers fear: that most Accountable Care Organizations are "accountable in name only". Klepper notes that although there is some movement toward change, few organizations are turning their operations "in a different direction". The culprit? Fee-for-service payment, which results in "business as usual" and provides no real threat to existing health care excesses. As several health system CFOs have said to Klepper "Why... Read More
Posted by Cristie Travis at Thursday, January 3, 2013 | 0 comments

Employer Health Insurance Premiums Rose 62%, Deductibles More Than Doubled 2003-2011

From the National Business Coalition on Health: Average premiums for employer-sponsored family health insurance plans rose 62 percent between 2003 and 2011, rising far faster than incomes did in all states, according to a new Commonwealth Fund analysis that tracks trends in job-based coverage state by state. The study also finds that annual costs for the share of insurance premiums paid by workers grew an average of 74 percent, and deductibles more than doubled during the period. Total... Read More
Posted by Cristie Travis at Thursday, December 27, 2012 | 0 comments

New MBGH Member Benefit: Resolve Health Challenges with Other Employers Who Understand

Join us January 30, 2013 8:30-10:30 for our first meeting! Open to MBGH members and affiliates only. Register by email to ctravis@memphisbusinessgroup.org . You know other businesses face the same employee health and health benefit challenges as you. Instead of reinventing the wheel by yourself the next time one of these challenges arise, imagine being able to work collaboratively with these other businesses to arrive at creative solutions much more quickly. MBGH makes that... Read More
Posted by Cristie Travis at Wednesday, October 10, 2012 | 0 comments

ACA Will Raise Costs for Mid-Sized Employers

From the National Business Coalition on Health:  President Obama's healthcare law won't erode employer-based health insurance — but it will raise some companies' costs by nearly 10 percent, according to a new analysis from the Urban Institute. Although the law's critics usually focus on small businesses, the new paper says medium-sized firms will see the biggest cost increase. Mid-sized businesses — firms that have between 101 and 1,000 employees — would have... Read More
Posted by Cristie Travis at Wednesday, October 10, 2012 | 0 comments

Working to Get the CDC's Diabetes Prevention Program to Memphis!

As those of you that attended our September 6, 2012 Annual Conference know, MBGH is working through the National Business Coalition on Health and the CDC to get the CDC's National Diabetes Prevention Program to Memphis! This evidence-based, small-group setting, lifestyle coaching program is geared toward pre-diabetics, to help them not develop full-blown Type 2 diabetes. We know that generally, there are about 2.5 times as many pre-diabetics in the US as diabetics and the only way to slow... Read More
Posted by Cristie Travis at Friday, September 21, 2012 | 0 comments

Adult Obesity Rates Could Exceed 60% in TN by 2030

As you read this article on the impact of diabetes in the US and Tennessee and the potential we have to decrease the financial as well as disease-related impact by just decreasing our average BMI by 5%, consider participating in MBGH's efforts to bring the Center for Disease Control's National Diabetes Prevention Program to Memphis and Tennessee! See the presentations from our Annual Conference on this evidence-based, highly successful program and contact Cristie Travis at ... Read More
Posted by Cristie Travis at Thursday, September 20, 2012 | 0 comments

Poor Health Costs Employers $227 Billion in Lost Productivity

Take the MBGH Brief Worksite Health Assessment to see if you have the evidence-based policies, environmental and social supports in place to work in conjunction with your health benefit to increase the health and productivity of your employees! All participants in the survey will receive a report summarizing major findings so you can use it to benchmark your worksite programs with other employers across Memphis.Then read how poor health impacts your bottom line! From the National... Read More
Posted by Cristie Travis at Tuesday, September 18, 2012 | 0 comments

Survey Shows Increase in Consumerism

From the National Business Coalition on Health: Patients are morphing into health care consumers with growing use of technology for medical shopping and health engagement, according to a survey conducted by Altarum, the health services research organization. Virtually all (99%) of U.S. health citizens want to play a role in medical decisions about their care. However, consumers vary in just how much of that responsibility they want to assume: - 35% want to make the final decision with... Read More
Posted by Cristie Travis at Tuesday, September 18, 2012 | 0 comments

Providers Offering Price Guarantees to Insurers to Stabilize Employer Health Costs

From the National Business Coalition on Health: According to  Forbes , one of the Midwest’s largest providers of medical care is bringing a price guarantee to a new concept being pushed by the Obama administration that rewards doctors and hospitals for working together to improve quality and cost. Milwaukee-based Aurora HealthCare has formed an Accountable Care Organization (ACO) that is working with Aetna Inc. and Wellpoint subsidiary Anthem Blue Cross and Blue Shield in Wisconsin... Read More
Posted by Cristie Travis at Tuesday, August 28, 2012 | 0 comments

Employers Turn to Biometric Data To Manage Costs

From the National Business Coalition on Health: As employers continue to use wellness programs to improve employee behavior and their health, many are taking advantage of benefits automation tools; however, they also have not reached the potential for cost savings and operational efficiency, according to the 2012 Wellness & Benefits Administration Benchmarking Study by bswift. “Employers are actively modifying and upgrading their wellness programs as they learn from experience,... Read More
Posted by Cristie Travis at Thursday, August 23, 2012 | 0 comments

Top 10 Hospital Contracting Priorities

While there is a lot of focus in the press and push from employers for hospitals to develop new, more efficient, higher quality delivery models, hospitals are still focused on the basic "blocking and tackling" of running a hospital and that is shown clearly in the results of a recent survey of 400 hospital executives by Revive Health. The Top 10 contracting priorities are primarily about increasing revenue through negotiating higher rates, decreasing denials, increasing coverage,... Read More
Posted by Cristie Travis at Thursday, August 23, 2012 | 0 comments

Survey Finds Wellness Strategies Gaining Traction as Way to Curb Health Cost Increases

From the National Business Coalition on Health: Global costs for employee health benefits are expected to increase this year, but wellness programs are gaining traction as a way to keep people healthier and lower long-term costs, according to the  2012 Towers Watson Global Medical Trends Survey  of insurers. Towers Watson officials say the rate of cost increases is slowing and 29% of insurers reported using wellness programs as one way to control costs. While traditional cost... Read More
Posted by Cristie Travis at Saturday, July 28, 2012 | 0 comments

Costs of Many Preventive Services Vary Widely: What Employers Can Do

Kelly Kennedy's April 6, 2012 article in USA Today sheds light on the significant variance in the costs of preventive services, now required to be covered by insurance at 100%, not subject to co-pays or deductibles. "Over the past year, health plans and self-insured employers began paying for wellness exams — diabetes screening, mammographies, Pap smears and colonoscopies — as required by the law, without charging consumers a deductible or co-payment. But in looking at 15,000 consumers, a... Read More
Posted by Cristie Travis at Tuesday, April 17, 2012 | 0 comments

Disturbing Anti-Smoking Ads Convince Thousands to Quit

"(RNN) - Calls to a national stop-smoking line doubled and traffic to the government's anti-smoking website tripled after a hard-hitting TV advertising campaign seems to have convinced many Americans to quit the deadly habit. The Tips from Former Smokers ad campaign was launched by the Centers for Disease Control and Prevention's Office on Smoking and Health on March 19. The commercials profile former smokers and others who have been affected by second-hand smoking. The... Read More
Posted by Cristie Travis at Saturday, April 7, 2012 | 0 comments

Physician Groups Identify Tests and Procedures That are Often Not Necessary

Nine physician organizations have each identified five tests or procedures that may be overused or unnecessary as part of the Choosing Wisely campaign led by the ABIM Foundation, with Consumer Reports, in an effort to improve health care quality and patient safety. Patient advocates are calling the move a significant step toward improving the quality and safety of health care. As the nation increasingly focuses on ways to provide safer, higher-quality care to patients, the overuse... Read More
Posted by Cristie Travis at Friday, April 6, 2012 | 0 comments

A Must Watch: Easy Way to Explain "Bundled Payments" or "Flat Fees"

Yet another great video from BlueCross BlueShield of North Carolina, this one explains "bundled payments" or "flat fees" in a way that anyone can understand.   Read More
Posted by Cristie Travis at Wednesday, March 21, 2012 | 0 comments

We Must Start Shining the Light on Quality & Cost of Healthcare

Great little video from BlueCross BlueShield of North Carolina about how they are beginning to shine the light on the quality and cost of care for their members. We need to do this in Memphis! MBGH is helping employers move in this direction.   Read More
Posted by Cristie Travis at Wednesday, March 21, 2012 | 0 comments

Consumer Directed Health Plans Becoming Mainstream

MBGH attended the recent Memphis meeting presenting the results of the Annual Mercer National Survey of Employer-Sponsored Health Plans 2011. Although I had read the results when they were released in November 2011, at this meeting, I was particularly struck by the news about how employers are using Consumer Directed Health Plans (CDHPs) as shown by these survey results: 2011 saw the biggest year-over-year increase in CDHP offerings AND enrollment since 2007 for large... Read More
Posted by Cristie Travis at Thursday, March 15, 2012 | 0 comments

U.S. Health Spending Growth Slows for 2nd Year in 2010

U.S. health care spending experienced historically low rates of growth in 2009 and 2010 according to the annual report of national health expenditures (NHE) from the Centers for Medicare & Medicaid Services (CMS) published in the January issue of the journal Health Affairs. Analysts at CMS report that the increase in spending for 2009 represents the lowest rate of increase in the entire 51 year history of the NHE. The low rate of growth, the data show, reflects lower... Read More
Posted by Cristie Travis at Monday, January 30, 2012 | 0 comments

TN Plans Encouraged to Give "Good Driver Discounts"

Proposed recommendations for the Tennessee Health Insurance Exchange encourage health plans and employers to establish expectations about personal responsibility and engagement through benefit designs in the Exchange.   The wellness program could provide some sort of "good driver discount" in the form of a lower premium or other incentives to those enrollees who satisfy these standards. Having the exchange plans offer these incentives will make it easier for larger employers too!... Read More
Posted by Cristie Travis at Monday, December 12, 2011 | 0 comments

Take Steps to Reduce Your Labor & Delivery Costs

Labor and delivery account for nearly 25% of all hospitalizations for many employers, and costs associated with pregnancy and its complications are a driving factor in the rising costs of health care. The growing use of medically unnecessary interventions is increasing costs and complications among mothers and babies, with no evidence of improved outcomes. The Catalyst for Payment Reform (CPR), an independent, non-profit corporation working on behalf of large employers to catalyze... Read More
Posted by Cristie Travis at Monday, December 12, 2011 | 0 comments

How Will a TN Insurance Exhcange Impact Employers?

Get the answer by reading the full document (or the Executive Summary ), “Best Alternatives to a Federal Insurance Exchange in Tennessee”, just issued by the State of Tennessee Insurance Exchange Planning Initiative (the Initiative). The report provides a comprehensive analysis of the governance, structure, processes of an insurance exchange and suggests how Tennessee may want to address the issues to ensure a stable and competitive market in the state. The Small Business... Read More
Posted by Cristie Travis at Monday, October 31, 2011 | 0 comments

NBCH Hospital Patient Safety Action Brief Details Actions for Employers

The National Business Coalition on Health's (NBCH) Action Brief on Hospital Patient Safety, lays out the issues, details how health plans across the country are or are not working to improve safety, and details actions employers can take to have an impact on patient safety for their employees. 2011 eValue8 results were used to track how health plans are or are not working to improve safety. MBGH is an active participant in the eValue8 process and this year both BlueCross BlueShield of... Read More
Posted by Cristie Travis at Thursday, September 22, 2011 | 0 comments

Do You Understand the Impact of the Individual Mandate?

Great article from Milliman explaining why something has to be done to address adverse selection in health reform. If it is not the individual mandate, what will it be? As Tom Snook, Principal & Consulting Actuary, Milliman Inc., says, people will operate in their own economic self-interest. If they are healthy and the cost of health insurance is high, they will not purchase health insurance, especially if it is not highly subsidized by their employer. If they are sick, they are more... Read More
Posted by Cristie Travis at Thursday, September 22, 2011 | 0 comments

Delbanco believes the healthcare payment system needs “CPR”

Who better to help you beat the health reform blues than Suzanne F. Delbanco, PhD., executive director of Catalyst for Payment Reform (CPR). Delbanco is joining Peter Hayes , Principal for Healthcare Solutions and formerly with Hannaford Supermarkets, and John Moses, PhD, thought leader for behavior change and measurement with AON Hewitt, as national keynote speakers at MBGH September 8, 2011 Annual Conference, “Got the Health Reform Blues?” .   CPR is working to... Read More
Posted by Cristie Travis at Monday, May 16, 2011 | 0 comments

Memphis Total Cost of Healthcare Increases Less Than National Average

The good news for Memphis is that our total cost of healthcare for a typical family of four covered by a PPO increased only 5.7% from 2010 to 2011 compared to a national increase of 7.3% during that same time period. Memphis costs are now 4.3% above the national average, down from 6% above the national average in 2010. The Milliman Medical Index looks at costs paid by the employer and the employee at a national level and at several key markets throughout the US, including Memphis. Because... Read More
Posted by Cristie Travis at Thursday, May 12, 2011 | 2 comments

MBGH is First TN Employer Group to Sign Pledge for Partnership for Patients

Memphis Business Group on Health is the first employer/employer group in Tennessee to sign the pledge to support the " Partnership for Patients ' Partnership for Patients: Better Care, Lower Costs was launched today, April 12, 2011, by HHS Secretary Sebelius and CMS Administrator Berwick along with consumer groups, industry representatives, and other key stakeholders, including the Leapfrog Group and the National Business Coalition on Health. MBGH was the first Tennessee employer group... Read More
Posted by Cristie Travis at Tuesday, April 12, 2011 | 0 comments

Are Memphis Employers Kinder & Gentler?

Are Memphis Employers Kinder and Gentler Than Their National Counterparts?   MBGH decided to find out. We separated out the responses of Tennessee employers to a national survey of employers and then compared them to national responses.  Most of the Tennessee respondents were from Memphis, giving us insight into what Memphis employers are thinking and doing! And, it's surprisingly different. Take a quick look at these easy-to-read findings. Read More
Posted by Cristie Travis at Sunday, March 20, 2011 | 0 comments

Deficit Panel Targets Healthcare Cost Reduction to Reduce US Debt

Just when we were all beginning to adjust to the sweeping changes in health insurance plans required by Health Reform legislation passed in March 2010, we are now bombarded by the possibility of more changes included in the Deficit Panel's recommendations to reduce US debt. Although many of these specifics may not become law, most experts believe that they will, indeed, be considered and debated since healthcare costs and their rate of increase contribute significantly to the Federal deficit.... Read More
Posted by Cristie Travis at Thursday, December 2, 2010 | 0 comments

The Double Whammy: We Still Have Unsafe, Expensive Healthcare

It doesn't take a rocket scientist to draw the conclusion that we still have unsafe, expensive healthcare in the US, and right here in Memphis, when you read the headlines of recent reports: AHRQ: Rate of Adverse Events in Medicare Cases "Disturbing" Case 34-2010: A 65-Year Old Woman with an Incorrect Operation on the Left Hand Surgery on Wrong Patients, Surgical Sites Persists, Study Finds   Top 10 Most Costly, Frequent Medical Errors These articles not only focus on the... Read More
Posted by Cristie Travis at Wednesday, November 17, 2010 | 0 comments

Milliman Survey: Even with New Contracting Approaches Rates Increase 11.7% in 2011

Milliman's 2010 Group Health Insurance Survey  found insurers estimated a 10.2% and 11.7% increase for HMOs and PPOs respectively for 2011. The survey also found that the most frequent contracting and cost control steps insurers are taking in 2011 include: Quality incentive programs Shared risk with provider networks Increased price transparency with members More aggressively tiered providers networks Reduced broker commissions Almost all of the insurers... Read More
Posted by Cristie Travis at Thursday, October 28, 2010 | 0 comments

Commercial Per Capita Costs Increase 8.7%, Far Outpacing Medicare Costs

From Business Insurance , S&P Healthcare Indices reports that for the 12-month period ending August 2010, per capita health care costs for commercial plans,including self-insured, increased 8.66% compared to an increase in Medicare per capita cost of only 5.08%. Hospital services accounted for the greatest difference between commercial & Medicare with commercial experiencing a 9.66% increase and Medicare having a 4.48% increase. Read More
Posted by Cristie Travis at Friday, October 22, 2010 | 0 comments

Sentara Healthcare Saves $3.4 Million & Improves Employee Health

A 3-year, incentive-based wellness program for the employees of Sentara Healthcare had a 6:1 return on investment, saved approximately $3.4 million in healthcare costs, and resulted in health improvement for nearly 80% of the employees that participated in the program. Major program components included: Completion of a voluntary personal health profile to identify risk factors Employees with low risk factors were awarded a $500 annual premium reduction Employees with... Read More
Posted by Cristie Travis at Wednesday, October 20, 2010 | 0 comments

Glad You Have "Most Favored Nation" Pricing? You Should Read This

Most favored nation pricing means that you (or your health plan) have the best pricing a hospital or physician practice gives any plan.On the surface, this looks good; after all, all other payors will pay more than you. However, all may not be good at all. If the price you have as the floor is a high price, then you and everyone else pays more than you really should be paying, leading to higher overall health care costs in your market. This is just one of the issues being litigated in the... Read More
Posted by Cristie Travis at Tuesday, October 19, 2010 | 0 comments

What is your premium increase for 2011?

Tell us what your premium (or premium equivalent if you are self-insured) increase is for 2011 .Approximately what is the amount of this increase that is due to changes required by health reform? Did you make some benefit design changes to reduce your premium increase? If so, what changes did you make and what do you think the impact of those changes were on your final premium increase?  Be sure to tell us if you are fully-insured or self-insured. Read More
Posted by Cristie Travis at Wednesday, October 13, 2010 | 4 comments

New Over the Counter Rules Can Be Confusing

Effective January 1, 2011, employees must have a "prescription" to purchase over-the-counter medicines and drugs if they are to be categorized as "medical care" for purposes of the employer health plan and health savings accounts. Click here to read this concise summary from Alston & Bird and published in Employee Benefit News of the recently released IRS notice which provides clarifications around: What is a medication or drug? When is a medicine or drug considered prescribed?... Read More
Posted by Cristie Travis at Friday, October 1, 2010 | 0 comments

Health Reform's Impact on Mini-Med Plans

Mini-med plans provide only the very basic health care coverage in order to keep premiums affordable and are usually offered to seasonal, part-time, temporary, blue-collar, and entry-level employees. Firms that offer mini-med plans include McDonald's, Waste Management, Dollar Tree, and TN's own, Gaylord Properties in Nashville. Health reform will significantly impact these plans in 2014 and it is possible that this option will disappear completely because mini-med plans do not generally... Read More
Posted by Cristie Travis at Thursday, September 16, 2010 | 0 comments

Evidence Mounting: 2011 Will be a Messy Year for Both Employers & Employees

Survey results released over the past 2 weeks clearly indicate that employers of all sizes will be asking their employees to share in healthcare cost increases expected in 2011.For example: Large Employers: The National Business Group on Health 's survey of 72 large employers found employers expect an average trend increase of 8.9% in 2011. 63% will increase employee percentage contribution to premium cost, 46% will increase out-of-pocket max, and 44% will increase in-network... Read More
Posted by Cristie Travis at Tuesday, August 24, 2010 | 0 comments

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