by BBGAdmin | Apr 12, 2024 | Healthcare Costs, ICHRA, Insurance, Research, SharedFunding
Challenges An employer with 16 employees on their medical plan received a rate increase, this time for 7%. This increase did not seem overwhelming, but the group was not taken to market for 3 years, and the increases over that time were consistent. Solution BBG...
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...
by Deanna Broaddus | Sep 9, 2020 | Announcements, Featured, Insurance
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 2021 HSA contribution limits. If you are on an...
by Tom Barrett | Aug 20, 2020 | Featured, Healthcare Costs, Insurance, Medicare, Medicare Medicaid, Uncategorized
There are four basic parts of Medicare: A, B, C, and D. Each part helps pay for certain medical services. Here are 5 things to know about Part B: #1 Part B is the second of two parts of what is considered “Original Medicare”. (Part A is the other). #2 Most...
