April 28, 2010
Group insurance is better, right?
Isn’t it always cheaper than buying an individual plan?
The answer is no, not always. Not in the Medicare world. Read the rest of this entry »
April 28, 2010
There are many layers to the federal Medicare program. Your employees will want you to help them figure out where to begin.
STEP 1: Break Down Medicare Into Manageable Pieces
Employees first need to know if they qualify for Medicare coverage, what coverage is available in their area, and how to get enrolled in a plan that fits their needs. Which means, the 3 most common questions an HR benefit administrator will be asked are:
- When am I eligible?
- What are the different parts of Medicare?
- How do I enroll?
Click here for a simple summary page that provides the answers.
STEP 2: Provide Online Resources to Guide Them
The process of identifying the right Medicare plan and selecting the best policy is equally confusing. Employees find it easier to utilize an online search tool that can take their personal information and provide them with the best options. The following tools can assist them:
April 20, 2010
April 19, 2010
By Taimur Qazi
The financial impact of Health Reform on medical professionals across the country is difficult to predict. Physicians derive their income in different ways with many being independent practitioners and others working as employees of large physician groups and hospital systems. Read the rest of this entry »
SHRM Online has just published this “viewpoint” piece written by our own CEO and President, Bryce Williams. Bryce explains why the success of the independent Medicare insurance exchange shows the way to more choice, personalization, and competition in the insurance market of the future. Bryce asks:
“So, why should employers care about exchanges now? There are two important reasons:
• Exchanges for individuals point to a future where employers can offer their employees more choices in health plans.
• Exchanges can provide a way for employers to meet their health care obligations to employees while managing costs.”
April 5, 2010
We just put out a press release on the most recent survey of our 4500+ member retiree panel. 1472 people responded and here’s what they said:
How confident are you that Medicare will be available for the rest of your life? Your childrens’ lives?
About 60% of them are confident that Medicare will be around for the rest of their lives – but only 20% are confident that it will be around for the rest of their children’s lives. You can read the whole release here.
Just published: this concise summary of the most important provisions, with short comments by real experts in the field. Recommended reading.