by BBGAdmin | Oct 16, 2023 | Featured, Healthcare Costs, ICHRA, Managed Care - Group Health, SharedFunding
In the complex world of group health plans, employers often find themselves navigating a web of requirements and pressures. One such requirement is the concept of minimum participation, which can pose significant challenges for businesses striving to provide...
by BBGAdmin | Sep 25, 2023 | Featured, Healthcare Costs, ICHRA, Managed Care - Group Health, SharedFunding
In the world of education, when things get overly complicated and confusing to many, it leads to a reaction where there is a call to return to the “3Rs” (reading, writing, and arithmetic). The same thing happens in the employee benefits/health insurance world. But,...
by BBGAdmin | May 26, 2022 | Announcements, Featured, Healthcare Costs, News and Events
Every year the Internal Revenue Service (IRS) decides if there will be an increase in Health Savings Account (HSA) contribution limits, minimum deductibles, and maximum out-of-pocket amounts. The IRS has released the 2023 inflation-adjusted HSA contribution limits. ...
by BBGAdmin | Nov 2, 2021 | Employer Issues, Healthcare Costs, Healthcare Issues, ICHRA, Insurance
What Is An ICHRA? ICHRA stands for Individual Coverage Health Reimbursement Arrangement. As of January 1, 2020 federal regulation has expanded the usability of HRAs, providing employers with a whole new way of providing health insurance to their employees. Whether...
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 | 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...
