Health care costs for employees are 130 percent higher than 10 years ago

Health insurance for small business health care costs

Workers are seeing tremendously higher expenses for their insurance plans when compared to a decade ago. According to a recent data analysis that was conducted by Aon Hewitt, employees working for large and medium sized companies in 2015 were paying an average annual $4,700 in health care costs for their plans. Comparatively, back in 2005, the amount being paid by employees with these health plans was $2,001. Mike Morrow, the senior vice president of Aon Hewitt explained that companies are currently looking for ways to help to keep their costs…

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Insurance plans for same sex couples now offered to Publix employees

same sex couple insurance plans health care reform

The chain store has now started insuring spouses that are legally married, no matter their gender. In Florida, the county court clerks have now started to issue marriage licenses to same sex couples and the grocery and pharmacy chain, Publix, has responded by extending its insurance plans to cover any legal spouses of its employees. The company had intended to start to offer this health insurance coverage to same sex couples, regardless of state law. The issuing of the marriage licenses to same sex couples has become a legal duty…

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Insurance plans are being dropped by many small businesses

small business health insurance

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…

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New health insurance rules in Washington have been adopted

washington health insurance exchange

Rules aim to address issues within the state’s insurance and health care sectors New rules concerning health insurance policies in Washington will soon be adopted that could improve consumer coverage throughout the state. The rules are meant to introduce several provisions that are meant to improve the services that policyholders receive while also expanding coverage options. While the new rules have been praised by many throughout the state, those opposing the rules suggest that they could have a negative impact on insurance companies, clinics, and hospitals. Rules will require policies…

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Health care reform continues for states with insurance exchange disasters

health care reform

The government has just expanded its assistance for purchasing insurance to provide Americans with more help. The deadline is now less than a month away, and as Americans scramble to make their last minute insurance purchases in order to comply with the health care reform, the Obama administration has bent a few of the rules to help to ensure that people won’t be left without coverage due to struggles with some of the state run exchanges. Residents of states where the insurance exchanges have never been made to work properly…

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New York health insurance exchange set to meet its goal

New York Health Insurance

Enrollments in the state are on track with where it had expected to be and what it hoped to achieve. So far, while the implementation of the most public facing element of the healthcare reforms has been rather rocky, things appear to be perfectly on track with the New York health insurance exchange, as it has seen over 100,000 people enrolling and feels that it is on track to be able to reach the goals that it has set. With only two weeks left in which residents are able to…

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Insurance industry study reveals how people select their plans

insurance industry plan choosing factors

Research has revealed new insight into how the choices are made regarding the policies that are purchased. Policymakers in the insurance industry are always tweaking and altering the plans that are available in order to help to make them more appealing for people to purchase, without providing an option that will be overly costly to the company when compared to the revenue it generates. This includes the concept of the “moral hazard”, in which people change their behaviors because they are covered. For instance, the insurance industry has observed –…

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U.S. Government sends mystery shoppers to investigate doctor’s care decisions

The Federal government has announced its intention to try to use mystery shoppers to discover whether or not the type of insurance a person has is leading general practitioners – primary care physicians – to accept or reject the individual as a new patient. The government has acknowledged that there is currently a sizeable problem with the ability to obtain an appointment with primary care physicians, as approximately 60 million Americans are without the ability to receive this service. Department of Health and Human Services spokesperson, Christian Stenrud, said that…

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