The 2015 edition of the ADP Annual Health Benefits Report was recently published. In it, ADP highlights several key trends and metrics that brokers and employers can leverage when making important decisions about their benefits program. The timing of this report is especially valuable, as it has tracked data over a 5 year period […]
From revenue models to product models, and even technology, everything is changing by Brian Poger Mr. Poger is the CEO and co-founder of Benefitter. Benefitter provides software and services to help employers make a positive, profitable and deliberate transition to the new era of health benefits; an era defined by individual empowerment. Moving from group insurance […]
There are three paths to the future of employer-sponsored health care — and brokers are woefully unprepared for one of them, says Benefitter CEO Brian Poger. “Almost no brokers today have solutions for moving employees to the public exchange,” he says, adding that the market will force their hand soon. Listen to the full […]
Benefitter recently asked one thousand brokers a straightforward question: “What advice would you give Congress around the ACA?” Reading the feedback, I could tell most had been written with clenched fists and gritted teeth. The anger and frustration we feel is palpable. Across the nation, brokers feel like the rug has been pulled out from under […]
It’s no secret a lot of brokers aren’t wild about the Patient Protection and Affordable Care Act. But a survey from benefits technology firm Benefitter paints a more detailed portrait of their dissatisfaction. Eighty percent of brokers had negative or critical feedback about PPACA when the firm surveyed 1,028 of them. As for their complaints […]
How do brokers feel about the Affordable Care Act? Overwhelmingly negative, new research shows. Eighty percent of the 1,028 brokers surveyed by Benefitter gave unfavorable feedback about the health care law. Rate increases was the top concern reported to the San Francisco-based technology solutions company. Benefitter asked brokers to answer an open-ended question: What do […]
According to our recent broker survey of over 1,000 brokers, there is strong evidence of employers dropping health insurance across the country. We were able to cut our data into a state-by-state breakdown showing where brokers believe they are losing the most business to the individual market. Percent of business lost in last year to […]
This article recently appeared in California Broker Magazine, in the December issue. Seventy-eight percent of brokers have had clients drop group coverage this year; and 17% expect to lose more than one-fourth of their business in 2015. These facts from Benefitter’s survey of over 1,000 brokers are profound. A major carrier recently adjusted its forecast of how quickly […]
Last Thursday was likely a tough day for our competitors. The Treasury, HHS and the Department of Labor released FAQ XXII entitled Compliance of Premium Reimbursement Arrangements. There are three questions addressed in this FAQ, one of which one specifically refers to vendors marketing Section 105 reimbursement plans (e.g., HRAs) for individual insurance policies. All […]
Many employers today have part-time, seasonal, and contracted employees who currently may not be eligible for group benefits. Although providing health insurance for these employees may be something an employer can’t afford to do, having a workforce that is protected against health and financial issues is always in best interest of employers and employees alike. […]