Thank you for sharing in our success. It’s amazing to think how far we have come since Pacific Federal (PacFed Insurance Services) was incorporated on March 25, 1977. Since then, we have enjoyed the challenge of navigating through changes in the healthcare industry with our...
Now that Donald Trump is the 45th president-elect of the U.S. and Republicans have secured a majority in both houses of Congress, we have a better idea of what changes in healthcare may occur over the next few years. Here’s a list of the most...
Here are our top five open enrollment tips for your employees to understand their rights to benefits, select the best benefit package for themselves and their families, and adjust their benefit package as life-changing events occur. Content Ensure your invitation for open enrollment has valuable content....
Last June, the California Public Employees’ Retirement System (CalPERS) – the largest public purchaser of health benefits in California and the second largest in the nation –announced lower premium hikes for its members next year than in 2016. The agency spends about $8 billion annually...
The Affordable Care Act (ACA) has caused a growing number of companies to seek expert advice on complex employee benefits issues, including how to comply with new federal mandates and deadlines. For example employers with 50 or more full-time employees or full-time equivalents are now required...
Aetna’s disclosure that it will withdraw from Affordable Care Act (ACA) insurance exchanges in 11 of the 15 states where it now sells the coverage has many wondering how this will impact consumers next year. Downsizing by other major carriers, including UnitedHealth Group Inc. and...
Originally projected to generate $87 billion over 10 years, the Cadillac tax was enacted in 2010 to help fund the Affordable Care Act by requiring the wealthiest Americans to pay a 40% excise tax on high-value health plans. However, opposition has mounted in light of...
Many college students will take a sigh of relief after getting through the stress of leaving home and moving into their new dorms. However, they may face an unexpected test: finding the right health insurance to cover the costs of routine and emergency medical care...
Starbucks has joined a growing list of high-profile U.S. employers that are controlling costs and expanding choices via a private health exchange. The company recently announced that it will shift from a single health insurance carrier to a private exchange – offering employees access to...
Are you receiving the best advice and maximum value from your broker? Today’s best advisors in the employee benefits industry serve as guides, helping their clients navigate through new health care mandates and long-term affordability issues. A good broker knows which insurers are best for all...