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We recently unveiled the latest findings from our 2017 Health Plan Survey. With data on 20,099 health plans sponsored by 11,221 employers, the UBA survey is nearly three times larger than the next two of the nation’s largest health plan benchmarking surveys combined. Here are the top trends at a glance. Cost-shifting, plan changes, and […]
Archive for the ‘health plan costs’ Category
You’re Invited! Health Insurance Savings through Creative Financing | California Benefit Advisors
Tired of celebrating the 10% increase? Join us in an innovative discussion on reducing your Health Insurance Premium through Creative Financing for your benefit program. Learn about turning a 10% increase into a 25% decrease. Keynote Speaker: Clifford Der, East West Administrators We will be discussing alternative funding from traditional Self-Funding to Medical Expense Reimbursement Plans. We will […]
Medicare Part D: Creditable Coverage Disclosures | California Benefit Advisors
Entities such as employers with group health plans that provide prescription drug coverage to individuals that are eligible for Medicare Part D have two major disclosure requirements that they must meet at least annually: Provide annual written notice to all Medicare eligible individuals (employees, spouses, dependents, retirees, COBRA participants, etc.) who are covered under the […]
Benchmarking Your Cost-Shifting Strategy | California Benefit Advisors
We recently shared healthcare cost benchmarking best practices and reported on the best and worst industries/states for group healthcare. But how much are you contributing toward healthcare costs vs. your employees? That’s a key benchmark, especially when “cost-shifting” is the main strategy for mitigating risk for employers. You may have the most affordable plan, but […]
Who Are You Benchmarking Your Health Plan Against? | California Benefit Advisors
Many employers benchmark their health plan against carrier provided national data. While that is a good place to start, regional cost averages vary, making it essential to benchmark both nationally and regionally—as well as state by state. For example, a significant difference exists between the cost to insure an employee in the Northeast versus the […]
