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Compensation Strategies Group, Ltd.
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DWC ERISA Consultants LLC
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Defined Benefit Specialist II or III Nova 401(k) Associates
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BPAS
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Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
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Search the News Archive
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10 Matching News Items |
| 1. |
Healthcare Town Hall
May 21, 2012
"The Gaston Gazette compares the cost of healthcare in Atlanta to the cost of a Honda Civic. Forbes (which already has one car comparison on the books) compares healthcare costs to a new Chevrolet Cruze, with a caveat...."
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| 2. |
Milliman's Healthcare Town Hall
May 29, 2020
"A healthy 65-year-old couple retiring in 2020 is projected to spend approximately $351,000 in today's dollars ($535,000 in future dollars) on healthcare over their lifetime. Expenses at age 85 are estimated to be 234% higher than that at age 65.... A healthy 45-year-old couple is projected to spend approximately $505,000 in today's dollars ($1.4 million in future dollars) on healthcare over their lifetime."
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| 3. |
Milliman's Healthcare Town Hall
May 21, 2020
"Hospital costs have increased by approximately 15% in the past three years, with other services growing 10% in that time ... Employers and employees are equally absorbing this year's 4.1% cost increase ... If we visit the land of 'what if' and apply optimal care management practices we could see healthcare costs for the typical family land 25% lower." [Editor's note: Article includes link to an interactive tool that provides particular figures based on location and characteristics of covered family members (number, ages, gender).]
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| 4. |
Milliman's Healthcare Town Hall
May 4, 2020
"Although it is too early to analyze actual healthcare cost data for those who have been treated for COVID-19 in the United States, historical data from patients who have sought medical attention for influenza or pneumonia may be informative for understanding patient out-of-pocket costs due to treatment for COVID-19. This infographic ... depicts what hospital costs could look like for patients admitted for COVID-19, broken down by insurer type, geography, and age."
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| 5. |
Milliman's Healthcare Town Hall
Aug. 17, 2020
"Recently enacted COVID-19 legislation and related federal guidance require some mandatory group health plan benefit changes and offer other voluntary changes you can elect to provide temporary relief to employees.... [S]ome of the changes require that you notify participants via a summary of material modification (SMM) or an updated summary plan description (SPD)."
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| 6. |
Milliman's Healthcare Town Hall
May 20, 2020
"[E]mployers are taking a closer look at their total benefits packages to understand what is driving prospective employees' wants and needs, particularly relating to parental leave. State and local laws are also changing quickly, creating a regulatory maze that can be difficult to navigate.... [Results of a] survey specific to parental leave benefits [provide] a sense of what employers are currently doing and considering in this space."
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| 7. |
Milliman's Healthcare Town Hall
Jan. 10, 2020
"The key benefits employers derive from transitioning to a self-funded program are: [1] Enhanced cost benefit transparency into every aspect of the program; [2] Expense reduction; [3] Flexibility around plan design; [4] Access to claims data; [5] Better control of claims payments and investment income on reserves. [This article provides] an overview of the actuarial components of the employer-sponsored program: projecting claims and expenses, and evaluating an employer's budget and risk tolerance."
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| 8. |
Milliman's Healthcare Town Hall
Jan. 26, 2017
"[1] Will 'hardship' undermine the individual mandate? ... [2] Are transitional plans here to stay? ... [3] What impact could the executive order have on selling insurance across state lines? ... [4] Will the executive order fast-track pending 1115 waivers? ... [5] Could the employer market be at the center of the action? ... [6] Will essential health benefits be affected?"
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| 9. |
Healthcare Town Hall
Sept. 19, 2012
"Of the many trends and changes that [Milliman has] observed during [the past 15 years], one general statistical observation has stood out: health plan administrative costs generally increase at a rate of about 67% of the rate of increase in medical cost inflation. This equates to annual rate of increase of 6% for the period 2006 through 2011."
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| 10. |
Healthcare Town Hall
May 11, 2011
The 2011 [Milliman Medical Index] cost is $19,393, an increase of 7.3% over 2010[.]
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