Benefits Buzz

Posted April 8th, 2013 in Producers

Last week the U.S. Department of Health and Human Services (HHS) released proposed regulations about the role of Navigators. The new guidance provides some clarification about the role of Navigators, but it has several producers questioning how they will be compensated for their services next year.

Navigators are organizations that will provide unbiased information to consumers about health insurance.

Posted April 2nd, 2013 in Employers

As tax season comes to a close, you might be wondering how to save more next year. Flexible Spending Accounts (FSAs) are a great tool that allows you and your employees to save on healthcare and dependent care expenses. Celebrating 25 years as a trusted benefits administrator, we have done the math to help you visualize your potential savings with our FlexFSA® product:

Posted March 26th, 2013 in Individuals, Employers, Producers

Online insurance marketplace offers more choice and flexibility for small businesses struggling with increasing healthcare costs.

InsureXSolutions® today announced that Assurant®, Inc., Blue Cross® and Blue Shield® of Texas (BCBSTX) and Humana®, Inc. have joined the list of health insurance companies available through their private insurance exchange. The products from these three insurance carriers include individual health plans and offer a variety of premium and deductible options. Along side Aetna® and Blue Cross® and Blue Shield® of Illinois, the InsureXSolutions private exchange now features leading insurance companies in select markets.

Posted March 22nd, 2013 in Individuals, Employers, Producers

The U.S. Department of Health and Human Services (HHS) and the Internal Revenue Service (IRS) have jointly issued rules that define affordable coverage. Employers and employees still have several questions about how this affects penalty calculations and subsidy eligibility.

The following offers some insight on these key issues:

Posted March 18th, 2013 in Individuals, Employers, Producers

The U.S. Department of Health and Human Services (HHS) has published a draft version of the individual application that will be used for public exchange enrollments starting on October 1, 2013. The application may be as long as 21 pages for some families.

Estimates indicate the online application process will take a minimum of 45 minutes to complete, and it could be even longer for individuals applying for coverage with dependents. Social Security Numbers, citizenship and residency status and employment and income verification are among the items that will need to be disclosed. A recent AP news article indicated the application process "could be as daunting as doing your taxes."

Posted March 14th, 2013 in Employers, Producers

The U.S. Department of Health and Human Services (HHS) released final regulations on March 1, 2013 about the Transitional Reinsurance Program. This new program will require insurance companies and some employers to fund a program that will provide partial reimbursements to commercial insurers that provide coverage to high risk individuals.

Tag Cloud

Archives

Enter Your Email

Close
Subscribe
Never miss out on blog posts
with the latest news and updates.