Group insurance vs. individual insurance

For the past year, we’ve been getting periodic phone calls and e-mails from our group clients wondering if they should simply disband their group coverage in favor of paying employees’ a subsidy and allowing them to purchase their own coverage. At one...

CMS: information on individual re-enrollment for 2015

CMS recently launched an outreach effort aimed at helping individual consumers understand the renewal process for marketplace coverage in 2015. As part of this effort, CMS released its 5 Steps to Staying Covered: 1. Review your coverage and look for a letter from your...

Exchange Notifications

Open enrollment in the Marketplace (Exchange) begins on November 15, 2014 for a January 1, 2015 effective date. If an employer offers coverage that meets minimum standards and cost, employees are NOT eligible for the tax credit (subsidy). While anyone can purchase on...

HRA Affordable Care Act Fee due July 31st

This is a reminder that, if you have established a Health Reimbursement Arrangement (HRA) that is utilized to fund deductibles or co-insurance under your medical plan, check with your accountant about the mandated annual fee that is due on July 31st. The fee is either...

IBC/Keystone participants: must use LabCorp as of 7/1

The following is the reminder from Independence Blue Cross/Keystone Health Plan East regarding outpatient laboratory services. As of 7/1/14, Quest Diagnostics will be an out-of-network provider. LabCorp will be the official in-network participating provider for...