Live Insurance News

Higher health insurance costs are creating pressure for Colorado employers

November 18, 2015November 17, 2015 Marc

Survey highlights the concerns that Colorado businesses are reporting with costly health insurance plans Growing insurance costs are weighing heavily on businesses in Colorado, according to a new survey from Lockton Mountain West Benefit Group. The survey has found that many businesses are becoming increasingly concerned over the rising of health insurance premiums. Those that offer insurance coverage to their employers have been hit with rate increases over the past few years, largely a due to the costs that insurance companies themselves are facing. Cost is the single greatest concern…

Employer-sponsored health insurance is on the rise in Texas

October 9, 2015October 7, 2015 S.Vagus

Study shows that more workers in Texas are gaining health insurance coverage from their employers A new study from Rice University’s Baker Institute for Public Policy and the Episcopal Health Foundation has found that more people in Texas have employer-sponsored health insurance coverage. Many had been concerned that they would lose their sponsored covered due to some of the provisions of the Affordable Care Act. This has not been the case, however, as employers have opted to continue providing health insurance coverage for their workers. 68% of workers now receive…

Health insurance deductibles have risen sharply since 2010

September 28, 2015September 27, 2015 S.Vagus

Survey finds that deductibles for employer-sponsored coverage have grown aggressively A new survey from the Kaiser Family Foundation and the Health Research & Educational Trust has found that health insurance deductibles have risen dramatically since 2010. These deductible increases have primarily affected those with employer-sponsored coverage. Many employers have been facing greater financial strain in providing their workers with insurance coverage, especially as insurers make their plans more expensive. As a result, consumers have been facing higher out-of-pocket costs for their coverage even as premiums have continued to grow. Workers…

High deductible health insurance policies are becoming more common among consumers

September 25, 2015September 23, 2015 S.Vagus

Many consumers show favor for high deductible plans because of the money they can save on premiums More consumers are beginning to favor high deductible health insurance plans, especially as employers begin shifting insurance costs to workers. High deductible plans have proven interesting to consumers because they have lower monthly premiums. Cost has been an issue that has prevented many consumers from purchasing health insurance policies. With premiums on the rise, many people are looking for ways to keep their costs down, and high deductible policies may be the best…

Report highlights growing cost of employer-sponsored health insurance

January 13, 2015January 11, 2015 Logan B.

Workers are paying more for their coverage but are receiving fewer benefits The Commonwealth Fund has released a new report that highlights the growing costs of employer-sponsored health insurance in the United States. While the Affordable Care Act has not lead to a significant increase in insurance premiums for many people, it may not be providing much relief to workers. The report from the Commonwealth Fund suggests that insurance premiums for workers are slowly increasing, while the benefits they receive through this coverage are vanishing. Worker contributions are growing throughout…

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…