Live Insurance News

Federal law may not be a detriment to employer-sponsored health insurance

January 1, 2015December 30, 2014 Marc

Analysis from Urban Institute sheds some light on concerns regarding Affordable Care Act The Affordable Care Act may not be threatening employer-sponsored health insurance coverage, according to analysis from the Urban Institute. There had been concerns that the federal law would make it impossible for some employers to provide insurance coverage to their workers, while other companies would be forced to pay more money for offering this coverage. As such, employers would be disinclined to offer sponsored coverage to their employees, unless forced to do so by federal law. No…

Employer insurance trends are not impacted by the health care reform as expected

December 30, 2014December 27, 2014 Julie Campbell

While many had believed that companies would drop their coverage, research is showing that this is not the case. Researchers from the Urban Institute have recently released the results of a new study that has been published online in the Health Affairs journal, showing that while many had expected insurance trends from employers to include the dropping of coverage for their workers as a result of the health care reform, this has not been the case. The Affordable Care Act has not been leading swathes of companies to drop their…

Insurance plans are being dropped by many small businesses

October 3, 2014September 30, 2014 G. Turner

The health care reform is making some company owners believe that they cannot afford to continue coverage. The latest wave in the health care reform appears to be a withdrawal of a number of small employers from offering insurance plans to their employees, as some have discovered that they will be facing notably higher premiums than they have previously paid. This rise in the price of health plans is causing a number of small business owners to forego coverage next year. Instead, these companies are frequently choosing to pay their…

Self insurance option opens up with startup launch

August 15, 2014August 12, 2014 G. Turner

Collective Health, from Silicon Valley, is hoping to help mid-sized employers to save money. A new Silicon Valley Startup, Collective Health, is now claiming that it will be able to assist medium size employers in saving money through the use of self insurance, instead of paying higher premiums for group health plans from traditional insurers. The key to the design of the program by the startup is in the software it has developed for covering workers’ costs. According to Collective Health, it has come up with a form of software…