Millions of Americans in high-deductible health plans may find it easier to afford insulin, inhalers and other treatments for chronic health problems under guidance expected Wednesday by the Trump administration. The guidance from the Internal Revenue Service and the Treasury Department will create new flexibility for high-deductible health plans linked to special pretax health savings… Continue reading Patients with High-Deductible Health Plans to Get Greater Flexibility
Tag: health insurance
Your Employee Health Plan Could Soon Look Like Your 401(k)
A landmark change will soon give more American workers control over their health-care coverage, but be warned: There are pitfalls. Beginning Jan. 1, 2020, companies can provide employees with tax-free dollars to purchase an individual policy rather than offer them a traditional group-health plan. The Trump administration laid out the final rules for the so-called… Continue reading Your Employee Health Plan Could Soon Look Like Your 401(k)
Washington State to Offer Public Health Insurance Plans, Regardless of Income, by 2021
Washington is set to become the first state to enter the private health insurance market with a universally available public option. A set of tiered public plans will cover standard services and are expected to be up to 10% cheaper than comparable private insurance, thanks in part to savings from a cap on rates paid… Continue reading Washington State to Offer Public Health Insurance Plans, Regardless of Income, by 2021
Aon Says Schemes Continue to Increase Member Support at Retirement
Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has said that UK defined benefit (DB) pension schemes are continuing to offer more support to members for their decision making at retirement, with almost one in five schemes now including personalised transfer value figures in retirement… Continue reading Aon Says Schemes Continue to Increase Member Support at Retirement
CDC: 1.1 Million More Americans Lost Health Insurance Coverage in 2018
The number of Americans without health insurance increased again in 2018, the second consecutive year that figure has risen after several years of declines under Obamacare, a Centers for Disease Control and Prevention survey shows. About 30.4 million Americans did not have health insurance in 2018, up from 29.3 million in 2017, according to the… Continue reading CDC: 1.1 Million More Americans Lost Health Insurance Coverage in 2018
UnitedHealth CEO Says ‘Medicare for All’ Would ‘Destabilize the Nation’s Health System’
UnitedHealth Group CEO David Wichmann warned investors on Tuesday that “Medicare for All” proposals pushed by Democratic lawmakers and presidential candidates would “destabilize the nation’s health system.” A number of Democratic proposals call for eliminating private health insurance and replacing it with a universal Medicare plan, claiming it would help reduce administrative inefficiencies in the… Continue reading UnitedHealth CEO Says ‘Medicare for All’ Would ‘Destabilize the Nation’s Health System’
Most Schemes Have Work to Do to Define their Long-Term Funding Target: Aon
Aon, a leading global professional services firm providing a broad range of risk, retirement and health solutions, has said that the majority of pension scheme trustees still have work to do when it comes to defining their long-term funding target. In its latest Annual Funding Statement, the Pensions Regulator expected UK pension schemes to have… Continue reading Most Schemes Have Work to Do to Define their Long-Term Funding Target: Aon
Chicago’s Gregg Aleman Joins Alliant Employee Benefits
Gregg Aleman has joined Alliant as First Vice President within its Employee Benefits Group. The longtime Chicago consultant will leverage his innovative approach and extensive public sector experience to provide added strength to Alliant’s benefits team. “Gregg has extensive experience delivering programs that provide clients with access to powerful benefits solutions that meet the diverse… Continue reading Chicago’s Gregg Aleman Joins Alliant Employee Benefits
Willis Towers Watson to Acquire TRANZACT
Willis Towers Watson, a leading global advisory, broking and solutions company, announced today the acquisition of TRANZACT, a direct-to-consumer health care organization that links individuals to U.S. insurance carriers. TRANZACT was acquired by its current majority owner, a Clayton, Dubilier & Rice (CD&R) fund, in 2016. TRANZACT will operate as an integral part of Willis… Continue reading Willis Towers Watson to Acquire TRANZACT
Court Blocks An ‘End-Run’ Around Health Care Law
A federal judge on Thursday struck down a Trump administration rule that allows small businesses to band together and set up health insurance plans that skirt requirements of the Affordable Care Act. The rule is “clearly an end-run around the ACA,” said Judge John Bates of the U.S. District Court for the District of Columbia.… Continue reading Court Blocks An ‘End-Run’ Around Health Care Law