An analysis of individual and family health insurance policies available in 2017 reveals that costs have increased across the board from 2016. eHealth, the nation’s largest private online health insurance exchange, released its latest Health Insurance Price Index report on January 13. It looked at the average health insurance premium cost for individual and family policies during the first two months of this year's open enrollment period.
The U.S. Department of Health and Human Services (HHS) has released the federal poverty level (FPL) guidelines for 2017. Individuals whose household income falls between 100 and 400 percent of the FPL may be eligible for a premium tax subsidy that can lower their health insurance cost. What Is the Federal Poverty Level? Also known as “poverty guidelines,” the FPL is used to measure a household’s poverty status. Adjusted each year for inflation, the FPL can help determine if a family qualifies for certain government benefits, such as Medicaid, food stamps, or funds for education.
It seems as though you can’t turn on the news without listening to chatter about rising health-care costs. It’s true: The average health insurance cost has increased steadily for the past 17 years, but it turns out the news isn’t bleak for everyone. Those who qualify for subsidies are far less likely to experience drastic price hikes—they may even see a decrease in premiums.
Health insurance costs have increased sharply in 2017. The effects of the increases have been widespread, reaching both group health policies and affecting costs on the individual market. If you didn’t encounter rate hikes yourself, you probably know someone who did.
With the rising cost of healthcare such a hot topic these days, entrepreneurs are wondering about their small business health insurance options and how price increases might affect them. Answers may seem few and far between, but the latest Employer Health Benefits Survey from the Kaiser Family Foundation (KFF) may be able to help.
It can be difficult at times to determine what percentage of health insurance costs you should cover for your small business. Choosing a percentage means that the exact amount will vary from year to year. This leaves many small business owners wondering what benchmarks they should follow — and other options available to them.
With the fourth open enrollment season for the Affordable Care Act (ACA) coming up, marketplace insurers are doing their best to estimate health insurance costs for 2017. While some projections were more accurate than others, most insurance companies have experienced losses on a large scale since entering the marketplace, leading to discussions of how to raise revenue.
Fifty-seven percent of companies offered health benefits to some or all of their employees in 2015, paying an annual average of $5,179 for individual coverage and more than double that amount for family coverage. With such high health insurance costs per employee, does it make sense for companies to continue to offer health coverage in an effort to attract and retain employees?
Ten years ago, in response to ballooning health costs for both patients and physicians, doctors Dave Sanders and Albert DiPiero founded a single health clinic in Portland. Their clinic, Zoom, specifically targeted Millennials – aiming to help them navigate health insurance costs while providing them a high level of care. Zoom has found considerable success since opening its doors: more clinics opened, and both doctors expanded their business to an additional 30 locations.
Small business owners say the cost of health insurance is one of the largest business challenges, with the Affordable Care Act only increasing the resources needed to offer healthcare to employees. How can business owners get a handle on the cost of health insurance and benefits? Here are six tips - from conventional to unconventional - to help.
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.