With each open enrollment, insurance costs increase and become a growing source of stress for individuals and families. Those not eligible for a tax credit may feel bookended between hefty monthly premiums or going without coverage altogether (while paying...

The concept of Minimum Essential Coverage (MEC) is a relatively new one in the insurance industry, brought into being by the Affordable Care Act (ACA).  In a nutshell, it encompasses the services that are considered preventive such as a yearly physical and...

Health insurance is expensive and continues to get more so every year. Insurers are charging more and more while covering less and less. Physicians who accept health insurance have to rush patients in and out, spending only 15 minutes or so with each, to...

The costs of pre-boxed, fully insured group health plans have been steadily rising during the last 20 years. In that time, premiums have more than tripled and workers have been asked to take on a larger share of the payments. Through it all, a general...

For employers looking to reduce the burden of ever-rising healthcare costs, self funded health plans have become a popular, viable and effective way to gain control over healthcare expenses, especially when coupled with stop loss insurance. If you’re not...

A third party administrator (TPA) is the organization responsible for accepting and processing medical insurance claims from doctors, hospitals, and pharmacies in addition to helping your health plan stay in compliance with federal regulations. When...

Executives across the board struggle with how to approach cost management in healthcare benefits spending. Healthcare benefits, after all, are one of the largest corporate expenses and executives have been left with only blunt tools to fight against yearly...