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...
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...