by Jimmy Beatrice | July 29, 2015 | Employee Benefits, Insurance Company News
Another rumored major health carrier agreement has unfolded just following the recent buy-out agreement of Aetna for Humana. After several long weeks of deal making, Anthem finally agreed to pay 54.2 billion dollars for Cigna Corporation on July 24th, becoming... by Jim Beatrice | July 3, 2015 | Employee Benefits, Insurance Company News, Medicare & Individual, Recommended Articles
Of the recent rumored major health carrier acquisitions, the first official agreement was announced today, July 3, 2015. Aetna and Humana agreed to a $37 billion deal. See official announcement here. The approval and acquisition process is expected...June 28, 2015 | Employee Benefits, Health Care Reform
The Affordable Care Act requires that all fully-insured employers with fewer than 50 employees, which provide group health insurance, provide plans that are subject to community rating by 2014, and that all employers with fewer than 100 employees, which provide group... by Jim Beatrice | June 26, 2015 | Employee Benefits, Employer Guidance, Health Care Reform
The National Association of Health Underwriters recently published an article about the Cadillac Tax. The Cadillac Tax is set to go into effect in 2018. It will apply a 40% excise tax on the amount of the aggregate monthly premium of each primary insured individual... by Jim Beatrice | June 26, 2015 | Employee Benefits, Recommended Articles
New HSA limits were released by IRS for 2016. Contribution Limits: Single – $3,350 Family – $6,750 (Catchup contributions +$1,000) Deductible Minimums: Single – $1,300 ... by Geralyn Isler | June 26, 2015 | Employee Benefits, Health Care Reform, Medicare & Individual
For all non-grandfathered health plans beginning in 2016, the maximum annual out-of-pocket limit is $6,850 for self-only coverage and $13,700 for other than self-only coverage. HHS and DOL recently clarified that the self-only maximum annual out-of-pocket limits apply... by Geralyn Isler | June 26, 2015 | Employee Benefits
Today the Supreme Court announced that same-sex couples have a national right to marry. This historic 5-4 decision by the court removes the marriage restrictions that states like Kentucky and Ohio have had. With this ruling employers will need to review... by Jim Beatrice | June 25, 2015 | Employee Benefits, Health Care Reform, Recommended Articles
The Supreme Court ruled today with a vote of 6-3, in favor of upholding federal subsidies for individuals who purchased health insurance coverage through a public Exchange, regardless of whether or not the State or Federal Government ran the Exchange. The...April 24, 2015 | Employee Benefits, Health Care Reform
Beginning January 1, 2016 the federal law requires that small group health plans, subject to community rating, are defined as 2-100 employees as stated in the Affordable Care Act. This expansion of the small group market is significant for fully... by Geralyn Isler | April 22, 2015 | Employee Benefits, Wellness at Work
On April 16th the Equal Employment Opportunity Commission, EEOC, released long awaited proposed rules on how the Americans with Disability Act, ADA, apply to employer wellness programs. Although there are some differences with the HIPAA regulations on employer...