HEALTH REFORM: Expect Pluses, Minuses for Those With Job-Based Coverage - iVillage - 0 views
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Beginning in 2014, for instance, the reform package prohibits employer-sponsored health plans from excluding people from coverage based on pre-existing health conditions
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It also makes larger employers responsible for offering medical coverage. Beginning Jan. 1, 2015, businesses with more than 50 workers must offer health insurance to full-time workers and dependents or pay penalties.
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annual limits will be banned completely in 2014.
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Experts say smaller companies that employ 50 or more workers and currently provide health insurance may drop coverage because it would be cheaper to pay fines than maintain coverage for all of their workers. Most large employers (with more than 1,000 employees) remain committed to providing health benefits for the next five years, according to an employer survey by Towers Watson/National Business Group on Health. But just 26 percent are confident that they will be offering health-care benefits a decade from now. Meanwhile, a number of large employers are eyeing private health insurance exchanges as a way to continue providing job-based coverage while controlling spending on health benefits. Much like the public exchanges under the Affordable Care Act, private exchanges represent a new way for employees and families to shop for group health coverage and other benefits. Instead of offering a limited number of health plans, the employer would give workers a set amount of money to buy their own coverage. Kaiser, who works in Gallagher Benefit Services' Mount Laurel, N.J., office, anticipates a slow migration toward private exchanges. "I don't think it's going to be a mass disruption of employer-sponsored plans where they all go, 'I'm out of the game,'" he said. More information The University of California, Berkeley Labor Center, has summarized provisions of the Affordable Care Act affecting employer-sponsored insurance.
Employers Turn to Private Health Exchanges to Cut Costs - Bloomberg - 0 views
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One-third of U.S. employers plan to move their workers’ health-care coverage to a private exchange in the next few years, a survey found, following the le
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Health spending in the U.S. is expected to increase more than 6 percent this year and 6.2 percent annually from 2015-2022 as the Patient Protection and Affordable Care Act takes full effect and millions of Americans gain insurance, according to the Centers for Medicare and Medicaid Services.
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Under Obamacare, companies that don’t offer coverage for their employees will be fined $2,000 per employee. Employers spend $6,000 per employee on average, so d
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Employers Plan Aggressive Response to Shifting Health Care Landscape, Towers Watson/Nat... - 0 views
Rush is on to get health care under old insurance plans - 0 views
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A national survey by Aon Hewitt consultants suggests that the Affordable Care Act's taxes and fees add 1% to 2% in direct costs to employers.
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The Aon Hewitt survey found that 44% of companies are considering offering workers just one health-insurance plan — a high-deductible plan — rather than offer a high-deductible plan plus a more traditional plan that covers 70% to 80% of medical costs.
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But those people will not get government subsidies if their company offers affordable health insurance, defined as costing less than 9.5% of income.And such employees would lose their employer's contribution to their plan unless the company agreed to provide such a payment in lieu of coverage.
NBGH survey: Health care costs to rise 7% for 2014 - Articles - Employee Benefit News - 0 views
Survey: Big Business May Shift Retirees, Part-Timers To Insurance Exchanges - Kaiser He... - 0 views
Why employers are shifting retiree health into insurance exchanges | Reuters - 0 views
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Thirty percent of companies that provide coverage to Medicare-eligible retirees (age 65 and over) already have moved to exchanges, according to an Aon Hewitt survey of more than 1,230 employers released last month.
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For Medicare-eligible retirees, employer benefits are supplemental. Retirees who use traditional fee-for-service Medicare might be offered a Part D (prescription drug) benefit, and a subsidized Medigap plan, which plugs coverage gaps in fee-for-service Medicare. Retirees using Medicare Advantage (all-in-one managed care plans) receive a subsidy toward buying those plans.
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oving to exchanges also can help employers avoid the looming risk of the so-called Cadillac tax on rich-benefit insurance plans.
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The Office Nurse Now Treats Diabetes, Not Headaches - WSJ.com - 0 views
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In 2012, 28% of large U.S. employers hosted on-site medical clinics, and 39% will have them by 2014, a Towers Watson survey found. The figure in 2011 was 23%.
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Consultants and health-care providers are advising employers to add chronic-disease management—from regular blood and glucose tests to nutrition and lifestyle coaching—to their clinic
Family Insurance Premiums Rise 4 Percent For 2nd Year In Row, Survey Finds - Kaiser Hea... - 0 views
Implementation of the Federal Health Information Technology Initiative - NEJM - 0 views
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The law provided the ONC with $2 billion to support development of a nationwide electronic health information system. Th
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On the positive side, providers are clearly aware of and responding to the availability of incentives. Internal CMS surveys show that as of April 2011, 78% of physicians and 96% of hospital executives were aware of the meaningful-use program (Trudel K: personal communication). As Figure 1Figure 1Provider Registrations for Meaningful-Use Payments. shows, more than 114,000 eligible providers, or 21%, had registered for meaningful-use payments by the end of September 2011.11
CDHP confusion exposes need for adviser assistance, educational tools - Articles - Empl... - 0 views
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Consumers also value account features that simplify the health care funding experience, the survey found. More than 65% ranked debit cards and multi-channel (web/mobile) account access as “extremely valuable,” while 60% said they “highly value” self-service features such as the ability to submit claims via mobile devices. Seventy-five percent of consumers said they value integration of benefit accounts and insurance claim data to streamline the process of reviewing and paying
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