group health plans News

Biden’s Proposed Inflation Cap on Drug Prices Includes Private Insurance Plans

Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden’s sweeping social agenda bill. It’s meant to break the cycle of annual price increases for widely used medicines. That …

Employers Raise Employees’ Deductibles to Curb Health Costs

Four of five U.S. companies have raised deductibles or are considering doing so as health costs increase, according to a survey of more than 700 employers. About one-third of the companies have already increased deductibles or other cost-sharing provisions like …

Obamacare to Hike Some, Lower Other Individual Health Premiums: Sebelius

President Barack Obama’s top healthcare adviser acknowledged on Tuesday that costs could rise in the individual health insurance market, particularly for men and younger people, because of the landmark 2010 healthcare restructuring due to take effect next year. U.S. Health …

Employers Committed to Offering Health Plans; Cost Seen Going Up 5.3% in 2013

Following the U.S. Supreme Court decision on health care reform, most employers (88 percent) have affirmed their commitment to offer health care benefits to their active employees for the foreseeable future, according to a survey of 440 midsize to large …

Rules Protecting Against Hospital ‘Balance Billing’ Suspended in Texas

In a move that’s angered consumer advocates and doctor groups, Texas’ top insurance regulator has canceled new rules designed to help consumers avoid getting big bills for out-of-network care. The rules were meant to give more than four million Texans …

Agents Seek Diversified Role in Group Health/Benefits Arena

In recent years, a growing number of independent property/casualty agencies and brokerage firms have begun offering group health/benefits services to their clients.

Company Health Plans Raising Costs for Smokers, Obese

Like a lot of companies, Veridian Credit Union wants its employees to be healthier. In January, the Waterloo, Iowa-company rolled out a wellness program and voluntary screenings. It also gave workers a mandate: quit smoking, curb obesity, or you’ll be …