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Short-Term Insurance Plans Pushed by Trump Spend Far Less on Medical Care, More Profitable

by admin | Aug 9, 2019 | Uncategorized

Many of the short-term health insurance plans being promoted by the Trump administration spent a relatively small fraction of the premiums they collected last year on patients’ medical claims. Modern Healthcare reports that the five health insurers that collected the...

White House expands HRAs aimed at small businesses

by admin | Jun 14, 2019 | Healthcare Reform, Insurance News, Uncategorized

The Trump administration is expanding options for employers to use special accounts to help workers buy their own health insurance, upgrade job-based coverage, or choose low-cost plans with limited benefits, officials said Thursday. The tax-free individual accounts...

Trump asks courts to erase Obamacare

by admin | Mar 26, 2019 | Healthcare Reform, Insurance Laws, Obamacare, Politics, Uncategorized

(Bloomberg) — The Trump administration is hardening its legal position toward Obamacare, arguing now the entire law is unconstitutional in a shift that promises to bring the issue to the forefront of the 2020 election campaign. The position is a change for the Justice...

Amazon takes another step into health insurance space by accepting HSA and FSA accounts

by admin | Mar 16, 2019 | Flexible Spending Accounts, Health Savings Accounts, Uncategorized

A screenshot of Amazon’s FSA/HSA storefront KEY POINTS Amazon will now accept consumers’ health savings and flexible savings accounts. That allows people to contribute a portion of their salary or wages, before taxes, to cover medical expenses that would...

HSA Family Contribution Limit Reduced for 2018

by admin | Mar 15, 2018 | Uncategorized

Effective immediately, the 2018 Health Savings Account (HSA) annual contribution limit has been reduced to $6,850 for family coverage (employee plus one). The Internal Revenue Service (IRS) initially set the limit at $6,900. There is no change to the annual...

What the Supreme Court’s Defense of Marriage Act Ruling Means for Employers

by Admin | Jun 27, 2013 | Healthcare Reform, Insurance News, Uncategorized

The U.S. Supreme Court’s decision in U.S. vs. Windsor to strike down DOMA (the Defense of Marriage Act) frees employers from a number of financial and administrative burdens, but it raises other issues for employers on how to navigate the patchwork of state laws...
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