by Mike Barrett | Mar 3, 2020 | Employer Issues, Featured, Healthcare Costs, Insurance, Medicare, Uncategorized
When you have both Medicare and employer-based coverage, Medicare will either pay primary or secondary for your medical costs. When Medicare is primary insurance, Medicare pays for your medical bills first. When Medicare is the secondary insurance, Medicare pays...
by Mike Barrett | Sep 28, 2018 | Employer Issues, General Health, General Insurance Issues, Healthcare Costs, Healthcare Issues, Insurance, Pharmacy Costs, Pharmacy, PBMs and Pharma Costs, Uncategorized
Drug Coupons Explained We encourage and help anyone we can to obtain a coupon for their prescriptions.. We know, however, that there are emerging issues with them. Some background Drug manufacturers have some amazing but expensive medications. They have created...
by Mike Barrett | Mar 9, 2018 | Employer Issues, General Health, Health Policy
On March 5, 2018 the IRS announced in it’s IRS HSA Bulletin that the 2018 contribution limit for Health Savings Accounts (HSA) linked to family coverage is now $6,850 from the previously announced $6,900. For more information regarding these changes please see...
by Mike Barrett | Nov 6, 2017 | Employer Issues, General Health, General Insurance Issues, Healthcare Costs, Healthcare Issues, Insurance, Pharmacy Costs, Pharmacy, PBMs and Pharma Costs
This is an example of one Ohio company adjusting how they administer coupons people use at the pharmacy. The program helps make sure members’ out-of-pocket cost for prescription drugs are properly applied to deductibles and maximum out-of-pocket amounts. The benefit...
by Mike Barrett | Oct 23, 2017 | Employer Issues, Healthcare Costs, Uncategorized
The ACA imposes a maximum dollar limit on employee contributions to health flexible spending accounts (FSAs). Although the ACA set this limit at $2,500, the limit is indexed for cost-of-living adjustments each year. On Oct. 19, 2017, the IRS announced that, for...
