Industry experts and economists agree that defined contribution healthcare is on the rise. Not only on the rise, but that defined contribution healthcare is the future of how employers will offer health benefits (source). It's also a radical change in how employers and employees purchase health insurance.
Which U.S. regions have the least expensive health insurance premiums through health reform's new exchanges? According to a new report by Kaiser Health News, Minneapolis-St. Paul, Pittsburgh and Northwestern Pennsylvania, Middle Minnesota, Tucson Arizona, and Northwestern Minnesota.
The term “disruptive innovation” (originally coined by Clayton Christensen) describes simple business applications that relentlessly move up market, eventually displacing established competitors. Disruption is not just change - it is change that disrupts the current market and those that profit from it.
In a memo distributed February 6, 2014 to insurers, federal health officials said that HealthCare.gov consumers may pick a different health plan before the end of March 2014 if they are dissatisfied with the one they chose, but only if they stay with the same insurer and the same general level of coverage.
Which U.S. regions have the most expensive health insurance premiums through health reform's new exchanges? According to a new report by Kaiser Health News, Colorado mountain resort region, southwest Georgia, rural Nevada, far western Wisconsin, and southern Georgia top the list.
It's becoming mainstream for small employers to offer defined contribution allowances instead of offering a small group health insurance plan. With a defined contribution strategy, the employer offers healthcare allowances that employees can use to reimburse themselves for qualified health insurance premiums.
The process of finding health insurance and dealing with potential claims can be a daunting task for many employees, who may be purchasing their own insurance for the first time. However, some employees may not be aware there are numerous resources available to help evaluate, purchase, and manage an individual health insurance policy.
When considering defined contribution health benefits, one of the first questions employers and employees ask is about the health insurance coverage they'll have access to. Will I have my same doctors? Will it cover my health conditions? Can I afford it? This article answers the top four health insurance related questions from employers on pure defined contribution health benefits.
Disclaimer: The information provided on this website is general in nature and does not apply to any specific U.S. state except where noted. Health insurance regulations differ in each state. See a licensed agent for detailed information on your state. Zane Benefits, Inc. does not sell health insurance.