Latest News + Info
The latest information relating to the health insurance industry.
The Future Of Insurance: Fintech 50 2020
Forbes.com reports: "We made insurance its own category on this year’s Fintech 50 list. Why? It’s hot. Global funding for insurtech companies jumped from $4.4 billion (410 deals) in 2018 to $6.8 billion (476 deals) last year, according to Accenture. There are...
New Tool To Determine HRA Affordability
Starting on January 1, 2020, employers will be able to help their employees pay for qualified medical costs–such as premiums for an Individual Marketplace plan–through a new individual coverage health reimbursement arrangement (ICHRA). An ICHRA is an alternative to a...
9 Health Insurance Acronyms Small Business Owners Should Know
Small Business Trends reports: "Many health insurance acronyms float around these days. In the past, people counted on essentially two health care options. They included traditional group health insurance and, for seniors, Medicare. Today, you’ll find a number of...
13 Employee Benefits You Should Consider Offering
The Libertarian Replublic reports: "It can be a real challenge for a small business to keep employees interested in sticking around for the long haul. Larger companies always seem to have the upper hand, especially when it comes to offering enticing employee benefits....
House Passes Health Care ‘Cadillac Tax’ Repeal Bill
The S HR M reports: "The U.S. House of Representatives voted on July 17 to abolish the so-called "Cadillac tax" on employer-sponsored high-value health plans, set to take effect in 2022. If the Senate passes the measure and the president signs it into law, the threat...
New Tool to Contain Employer Healthcare Costs
JD Supra reports: "Background Healthcare coverage became an employer-offered benefit during World War II as the result of the federal government’s wage and price controls[1]. Since that time, Medicare has become an important part of how healthcare is provided to...
New Final Regulations Expand the Availability of HRAs
JD Supra reports: "On June 13, 2019, the Department of Labor, the Department of Health and Human Services, and the Department of Treasury (the “Departments”), published final regulations which significantly broaden the types of health plans that may be integrated with...
Explaining Texas v. U.S.: A Guide to the 5th Circuit Appeal in the Case Challenging the ACA
KFF.org reports: "On July 9, 2019, the U.S. Court of Appeals for the 5th Circuit will hear oral argument in Texas v. U.S., the next round of litigation challenging the Affordable Care Act (ACA). The appeals court is reviewing a federal trial court’s decision that the...
Why You Still Absolutely Need Health Insurance Despite the Death of the Penalty
Yahoo Finance reports: "Starting in 2019, you'll no longer owe a fine to the IRS if you don't have qualifying health insurance coverage. While the Affordable Care Act, or Obamacare, imposed a tax penalty for those who opted out of coverage, the mandate was eliminated...
‘Sham’ Sharing Ministries Test Faith Of Patients And Insurance Regulators
KHN reports: "Sheri Lewis, 59, of Seattle, needed a hip transplant. Bradley Fuller, 63, of nearby Kirkland, needed chemotherapy and radiation when the pain in his jaw turned out to be throat cancer. And Kim Bruzas, 55, of Waitsburg, hundreds of miles away, needed...