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COVID-19 Changes to Health Plans Must Be Documented, Circulated

COVID-19 Changes to Health Plans Must Be Documented, Circulated

by US Rx Care | May 6, 2020 | Health care costs

A number of plan sponsors have made changes to their group health plans in response to the COVID-19 pandemic, such as covering testing and sometimes treatment without any cost-sharing by the plan enrollee. But any changes that are made must be followed up by amending...
Concerns Rise Over Letting Employers Fund HRAs for Individual Health Plans

Concerns Rise Over Letting Employers Fund HRAs for Individual Health Plans

by US Rx Care | Mar 10, 2020 | Health care costs

Employers, health insurers, regulators and hospitals are all raising concerns about the Trump administration’s rules issued last year that allow employers to fund health reimbursement arrangements (HRAs) that their workers can use to purchase health plans on the open...
Congress Eliminates the ‘Cadillac’ and Other ACA Taxes

Congress Eliminates the ‘Cadillac’ and Other ACA Taxes

by US Rx Care | Feb 12, 2020 | Health care costs

Congress before the new year passed legislation repealing the so-called “Cadillac tax” on generous group health plans, as well as two other taxes, finally putting to bed an issue that has plagued the Affordable Care Act since its inception. Although it had not yet...
High-Deductible Plans Saddling Workers with Bigger Drug Outlays

High-Deductible Plans Saddling Workers with Bigger Drug Outlays

by US Rx Care | Feb 5, 2020 | Health care costs

A new study has found that high-deductible plans and increased use of coinsurance are exposing health plan enrollees to higher and higher pharmaceutical costs. One of the big problems for many enrollees in high-deductible plans is that their outlays for drugs may not...
Average Family Plan Cost Hits $20,000 for First Time; What Can You Do to Cut Costs?

Average Family Plan Cost Hits $20,000 for First Time; What Can You Do to Cut Costs?

by US Rx Care | Jan 28, 2020 | Health care costs

A new study has found that the average annual premium for a group family health plan has exceeded $20,000 for the first time in 2019, up 5% from 2018. The average premium for single coverage plans in 2019 is $7,188, up 4% from the year prior, according to the Kaiser...
Telemedicine Taking Off, Reducing Health Costs

Telemedicine Taking Off, Reducing Health Costs

by Renzo Luzzatti | Jan 22, 2020 | Health care costs

One of the fastest growing parts of the health care system, and which touches significantly on group health plans, is telemedicine. From 2016 to 2017, insurance claims for services rendered via telehealth ― as a percentage of all medical claim lines ― grew 53%...
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