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Health insurance terms you need to know for Affordable Care Act

by Eriksen Insurance | Nov 20, 2013 | Uncategorized

The Detroit Free Press reports: “Co-payment: A fixed amount you pay for a covered health service. Usually paid when you receive the service. Deductible: The amount you pay for health care services your health insurance plan covers before your health insurance...

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...

How 2014 health care reform provisions will affect employers

by Eriksen Insurance | Jul 12, 2013 | Health Reform

Smart Business reports: “The Affordable Care Act (ACA) contains a total of 91 provisions, bringing change to the insurance market and impacting the type of coverage employers offer their employees. “Many of the upcoming ACA provisions depend on the size of your...

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...

Aflac 1Q Profit $892M, To Pay 35 Cents Per Share Dividend

by Eriksen Insurance | May 13, 2013 | Voluntary Benefits

Insurance News Net reports: “Steady as she goes. That was the case Wednesday with Aflac Inc. reporting first-quarter net income, or profit, of $892 million, an increase of nearly 14 percent from $785 million in the same period a year ago. That translated to...
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