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ACA Trade-Off: Low Premium, High Deductible

by Eriksen Insurance | Oct 2, 2013 | Heath Care Costs

Insurance News Net reports: “You might be pleased with the low monthly premium for one of the new health insurance plans under President Barack Obama’s overhaul, but the added expense of copayments and deductibles could burn a hole in your wallet. An...

Consumers With Serious Medical Problems Need To Carefully Assess Total Plan Costs

by Eriksen Insurance | Oct 2, 2013 | Health Reform, Heath Care Costs

Kaiser Health News reports: “One of the health care overhaul’s most far-reaching provisions prohibits health plans from refusing to cover people who are sick or charging them higher premiums. Still, for people with serious medical conditions, the online...

More employers tie premiums to salary levels

by Eriksen Insurance | Jul 12, 2013 | Heath Care Costs

Benefits Pro reports: “More employers are trying to assuage worker concerns about how much of their salary goes to their health coverage by pegging the cost of coverage to salary ranges. This trend was noted by Mercer in a study of how companies were managing...

Final birth control rule issued for faith groups

by Eriksen Insurance | Jul 12, 2013 | Heath Care Costs, Requirements

Benefits Pro reports: “The Obama administration isn’t backing off its position that employers must include free contraceptive coverage in workers’ insurance plans as part of the nation’s health care reforms, though it did give chuches some wiggle room...

HSA contribution and out-of-pocket maximums

by Eriksen Insurance | Jun 12, 2013 | Heath Care Costs

The Internal Revenue Service (IRS) has announced the 2014 contribution limits, deductible minimums and out-of-pocket maximums for health savings accounts (HSAs) and high-deductible health plans (HDHPs). An HDHP must have a deductible of at least $1,250 for individual...

Unhealthy Habits Have Growing Effect On Insurance Premiums

by Eriksen Insurance | May 6, 2013 | Heath Care Costs

Insurance News Net reports: “If you’re overweight, have high blood pressure, smoke or are diabetic, your employer may soon require you to improve your health, get counseling on the issue or pay a fine, especially if you work for a large corporation. In an...
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