by Tom Barrett | Mar 24, 2021 | Employer Issues, General Insurance Issues, Health Policy, Healthcare Costs, Insurance, National News, Uncategorized
What are the key parts of this bill that affect healthcare consumers? Larger Subsidies Everyone who currently receives a subsidy will qualify for bigger subsidies. The size of the increase will depend on county, age, and income as a percentage of the Federal Poverty...
by Tom Barrett | Jan 22, 2021 | General Health, General Insurance Issues, Health Policy, National News, Uncategorized
In case you missed it…… Embedded in the recently passed Covid Relief Bill are new optional FSA provisions that give employers the option to immediately amend FSA Plans to create markedly more account flexibility. FSA dollars tend to expire at the end of...
by Tom Barrett | Nov 11, 2020 | General Health, General Insurance Issues, Health Policy, Healthcare Costs, Healthcare Issues, Insurance, Medicare, National News, News and Events, Uncategorized
Medicare Part B makes up the portion of Medicare that covers physician services, outpatient hospital services, certain home health services, durable medical equipment, and certain other medical and health services not covered by Medicare Part A. Most everyone on...
by BBGAdmin | May 28, 2020 | Announcements, Featured, General Insurance Issues, Uncategorized
The IRS Announces New Guidelines for 2020 You can read all about the new IRS guidelines regarding mid-year changes to health and dependent care Flex Spending Accounts (FSAs) here. Additionally, we’ll break it down as to what it means for you and your employees...
by Tom Barrett | Nov 12, 2019 | General Health, General Insurance Issues, Health Policy, Healthcare Costs, Medicare, National News, Uncategorized
On Friday Medicare announced the Part B rates that most Medicare enrollees will be responsible for paying in 2020. Effective January 1, 2020 the standard monthly premium for Medicare Part B enrollees will be $144.60. This represents an increase of $9.10 from the...
by Deanna Broaddus | Nov 4, 2019 | Featured, General Insurance Issues, Health Policy, Insurance
‘Tis the season for open enrollment in the world of health insurance! Open enrollment for Medicare 2020 has already begun (October 15th – December 7th, 2019). Additionally, individual open enrollment is underway (November 1st – December 15, 2019)....