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. […]
The individual exchange represents an alternative to COBRA that is more affordable for both employers and employees. Companies that recognize this can adjust their communications to provide workers with a better experience, while simultaneously improving their bottom line. In this slideshare, we explain why COBRA exists in the first place, and why the individual market […]
Our team recently surveyed health insurance brokers on their expectations surrounding the group market. We found that although brokers predict a significant number of employer groups to transition to the individual market, most brokers are still unprepared to support this transition. Broker survey If you are like the majority of brokers, and still don’t have […]
This is the way ESI ends… not with a bang, but a whimper. Recently, healthcare experts including Zeke Emanuel, Jon Gruber, and Capital IQ have forecasted the end of employer sponsored insurance (ESI). Although all believe ESI will ultimately fade away, they disagree on the exact timing. The chart below shows the forecasts of all […]
Why exiting your group health plan and providing cash may be the right thing from benefitter CEO Brian Poger recently presented at the NYT Health for Tomorrow conference on new benefits models now available due to ACA. Employers can save money by accessing the rich subsidies in the individual market. Take a look and let […]
Yesterday, two courts issued two diametrically opposed rulings. The DC Circuit Court of Appeals ruled that people cannot receive a government subsidy if they live in one of the 36 states served by the Federal exchange. By contrast, the Fourth Circuit Court of Appeals upheld the IRS’s authority allowing subsidies in all states. Although the […]
Brian Poger, CEO of Benefitter, recently spoke at the NY Times “Health for Tomorrow” conference hosted in San Francisco, CA. Attended and sponsored by organizations such as UCSF and Rock Health, “Health for Tomorrow” allows health experts to discuss the challenges and opportunities in today’s ever-evolving health-care fields. Watch the full video below in which […]
This week the New York Times published an article with a very compelling headline – “I.R.S. Bars Employers From Dumping Workers Into Health Exchanges”. Unfortunately, this isn’t the full story, but it was enough to create some drama. As the exchanges have started to settle in and the debate over the future of ACA starts […]
Bloomberg News Target Corp. (TGT) will end health insurance for part-time employees in April, joining Trader Joe’s Co., Home Depot Inc. and other U.S. retailers that have scaled back benefits in response to changes from Obamacare. About 10 percent of part-time employees, defined as those working fewer than 30 hours a week, use Target’s health […]
This is the third in a 3-part series entitled “Is COBRA dead?” Previous posts can be found here and here. The Health affairs blog recently broke news on two critical announcements from the Employer Benefits Services Administration (EBSA) around changing COBRA rules. First, EBSA created a very-special “special enrollment period” for people on COBRA, giving […]