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.
A first in the healthcare industry, the Trump administration is moving forward with their plan to force hospitals and insurers to provide transparency in their cost information to consumers in advance. This will cause a major shake-up in the healthcare industry, with...
Game-changer’: How One Employer Got Off the Hamster Wheel Terrie, the benefits director for an organization with subsidiaries in the heavy construction equipment and services arena, distinctly remembers dreading open enrollment each year. It wasn’t a matter of if they...
Employer Health Care Benefits: There is a Better Way Most employers probably don’t regard charging employees more every year for health insurance as a competitive disadvantage because they believe—or have been misinformed by their broker-consultant—that everyone else...