by Tom Barrett | Nov 21, 2017 | Employer Issues, General Health, General Insurance Issues, Health Policy, Insurance
In case you missed the IRS announcement in May, here’s a snapshot of the key inflation-adjusted limits for next year as we roll toward 2018. Health Savings Accounts (and the IRS compliant health plans that must be paired with HSA’s) are subject to annual dollar...
by Mike Barrett | Nov 6, 2017 | Employer Issues, General Health, General Insurance Issues, Healthcare Costs, Healthcare Issues, Insurance, Pharmacy Costs, Pharmacy, PBMs and Pharma Costs
This is an example of one Ohio company adjusting how they administer coupons people use at the pharmacy. The program helps make sure members’ out-of-pocket cost for prescription drugs are properly applied to deductibles and maximum out-of-pocket amounts. The benefit...
by Tom Barrett | Oct 25, 2017 | Employer Issues, General Health, General Insurance Issues, Healthcare Costs, Healthcare Issues, Insurance, Medicare Medicaid, National News
With more and more folks remaining in the workforce past age 65, we are often asked by clients to help explain Medicare eligibility and options to those employees on the cusp of turning 65. This article from Kaiser Health News (reprinted with permission) provides...
by Tom Barrett | Feb 17, 2017 | General Insurance Issues, Healthcare Issues, Insurance, Medicare Medicaid, Uncategorized
Can’t tell you how many calls and emails we get from panic-stricken employees nearing that magic 65th birthday and Medicare eligibility. It happens a lot. A whole lot. Some folks think if they don’t sign up three months before they turn 65 they’ll be in trouble....
by Mike Barrett | Sep 14, 2016 | Employer Issues, General Health, General Insurance Issues, Healthcare Costs, Healthcare Issues, Medicare Medicaid, Pharmacy Costs, Pharmacy, PBMs and Pharma Costs
We have all heard jokes that begin with “Three guys walk into a bar….” I thought it might make sense to use that model to explain why “referenced-based pricing” and general consumer awareness in healthcare are important to consider. Here...
by Tom Barrett | Jul 1, 2016 | Employer Issues, General Health, General Insurance Issues, Health Policy, Healthcare Issues, Healthcare Reform, Medicare Medicaid
Yes, this is a bit anecdotal. Nevertheless, I think it’s worth reporting and some may find it interesting. First, recently our team managed the annual open enrollment process for the group health plan of one of our employer clients. After a quick but thoughtful...