New Analysis: How the ACA’s HIT Will Impact 2020 Premiums

The one-year moratorium for fully-insured plans is set to expire in 2020, with a higher than ever ($16 billion) fee. It is expected that insurers will increase their premiums to cover this cost. The Everlong Group Medical Captive is a self-funded captive that is not at the mercy of the insurers and their ever-increasing premiums.

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New Analysis: How the ACA’s HIT Will Impact 2020 Premiums

Oliver Wyman Health

According to our analysis, the HIT will lead to a 2.2 percent increase in premiums in 2020 and in subsequent years.

The ACA’s HIT applies to all insurers offering fully insured coverage, including plans sold via the on-exchange and off-exchange individual market, large and small group markets, and any insured public programs, including Medicare Advantage, Medicare Part D, and Medicaid Managed Care.

Read More: https://health.oliverwyman.com/2018/08/new-analysis–how-the-acas-hit-will-impact-2020-premiums.html

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Trump Administration is Drafting Plan to Allow US Consumers to Import Drugs from Canada

President Trump is making headway on his health care plan to ultimately bring more transparency and drive down costs for consumers. The Everlong Group Medical Captive already helps employers and their employees by providing transparency and cost-saving solutions.

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Trump Administration is Drafting Plan to Allow US Consumers to Import Drugs from Canada

CNBC

Trump is working on a proposal that would allow the U.S. to import drugs from Canada, HHS Secretary Alex Azar says.

“Working on a plan on how we can import drugs safely and effectively from Canada so the American people get the benefit of the deals that pharma themselves are striking with other countries,” he says.

Read More: https://www.cnbc.com/2019/07/30/trump-is-working-on-a-plan-that-would-allow-us-to-important-drugs-from-candai-just-got-off-the-phone-with-trump-working-on-a-plan-on-how-we-can-important-drugs-safely-effectively-from-canada-so-the-am.html

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Risk On Prior to 2020’s black swan (low probability/high impact) event of the COVID-19 outbreak and subsequent shutdown of the economy, your clients had the luxury of being in a position to care less about volatility and risk exposure and only about the end result....