WHAT'S IN THE NEWS?

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CEO of Conner Insurance Recognized as 2019 Rising Star in Advising

Posted on January 22, 2019 | Press Release

INDIANAPOLIS – Ben Conner, CEO of Conner Insurance has been named to the 2019 class of Rising Stars in Advisors by trade publication Employee Benefit Advisor (EBA). This designation recognizes young advisors, spanning in age from 20 to 35 years old, who represent the “next generation of leaders” from around the country. Conner, along with…
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HDHP enrollees are better-informed, but they’re still skipping care

Posted on January 15, 2019 | News to Know

BY SCOTT WOOLDRIDGE   A new survey suggests that high deductible health plans (HDHPs) can be a good news/bad news proposition: although they succeed in making plan enrollees better-informed consumers, they also are associated with negative outcomes such as delaying care because of cost concerns. The survey, conducted by Employee Benefit Research Institute (EBRI) and Greenwald & Associates,…
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10 states where hospital inpatient stays are most expensive

Posted on January 11, 2019 | News to Know

BY EMILY PAYNE   Starting in January, hospitals across the country were required to post their chargemaster prices online for patients to see. Unfortunately, thus far the change is causing more confusion than clarity. What’s ultimately billed to the patient is determined the insurance company’s negotiated rates with the facility, and that varies greatly from one individual to another….
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NYC to fund health care for all, including the undocumented

Posted on January 8, 2019 | News to Know

BY HENRRY GOLDMAN   New York Mayor Bill de Blasio proposed a $100 million plan that he said would provide affordable “healthcare for all,” reaching about 600,000 people, including undocumented immigrants, low-income residents not enrolled in Medicaid and young workers whose current plans are too expensive. The plan, which de Blasio dubbed “NYC Care,” will offer public health insurance on a…
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2 trends that will transform employee rewards programs in 2019

Posted on January 4, 2019 | News to Know

BY PETER DEBELLIS   It’s no secret that the U.S. labor market is tight. At present there is less than one job-seeker per job opening in the United States—a situation that is causing organizations of all sizes to reevaluate their rewards strategies. As the new year unfolds, organizations are facing a number of profound and fundamental changes….
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What happens when you let employees design their benefits package?

Posted on January 4, 2019 | News to Know

BY JACK CARVER   As employers struggle to craft benefit packages that appeal to the broadest number of workers, a recent case study proposes a radical solution: let employees figure it out through a game. The case study was developed by Janet McNichol, the director of human resources at the American Speech-Hearing-Language Association (ASHA) in an effort to craft a…
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IRS Announces Employee Benefit Plan Limits for 2019

Posted on November 26, 2018 | News to Know

BY Conner Insurance   Overview Many employee benefits are subject to annual dollar limits that are periodically increased for inflation. The Internal Revenue Service (IRS) recently announced cost-of-living adjustments to the annual dollar limits for various welfare and retirement plan limits for 2019. Although some of the limits will remain the same, many of the…
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Proposed Rule Would Expand Options for HRAs

Posted on November 23, 2018 | News to Know

BY Conner Insurance   Overview On Oct. 23, 2018, the Departments of Labor (DOL), Health and Human Services (HHS) and the Treasury (Departments) issued a proposed rule that would expand the usability of health reimbursement arrangements (HRAs). Effective in 2020, the proposed rule would: Allow HRAs to be used to reimburse the cost of individual…
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High-deductible health plans fall from grace in employer-based coverage

Posted on November 20, 2018 | News to Know

BY JAY HANCOCK   With workers harder to find and Obamacare’s tax on generous coverage postponed, employers are hitting pause on a feature of job-based medical insurance much hated by employees: the high-deductible health plan. Companies have slowed enrollment in such coverage and, in some cases, reinstated more traditional plans as a strong job market…
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3 trends and 4 survival tips for managing millennials in 2019

Posted on November 13, 2018 | News to Know

BY Dan Cook   If anyone knows more about millennials than an actual millennial, it’s Brian Weed, CEO of Avenica. Founded in 1998, Avenica’s personnel services are focused exclusively on recent college graduates and the companies who are looking for such talent. “Our goal is to place recent college graduates on the right career-track, finding…
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Bye Bye Cadillac Tax, Hello Congressional Health Care Gridlock

Posted on November 12, 2018 | News to Know

BY Dan Cook   In an ironic post-election development, a key piece of the original funding mechanism of the Patient Protection and Affordable Care Act could finally be dispensed with because of the House of Representatives power shift. The excise tax on employer health plans–known colloquially as the Cadillac Tax–was designed to fund the subsidies…
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PCORI Fee Amount Adjusted for 2018

Posted on November 6, 2018 | News to Know

BY Conner Insurance   Overview The Affordable Care Act (ACA) imposes a fee on health insurance issuers and self-insured plan sponsors in order to fund comparative effectiveness research. These fees are widely known as Patient-Centered Outcomes Research Institute (PCORI) fees. On Nov. 5, 2018, the Internal Revenue Service (IRS) published Notice 2018-85, which increased the…
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10 Worst States for Healthcare

Posted on November 2, 2018 | News to Know

BY Nick Otto   For employers, both large and small, being knowledgeable about regional health challenges —such as high costs or poor quality — can give them an edge when it comes to crafting the best benefit policies to attract and retain talent. They have help from new research out from personal finance site Wallethub,…
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10 Best States for Healthcare

Posted on November 2, 2018 | News to Know

BY Nick Otto   In just a few short months, open enrollment begins and many employees may be looking to enhance their benefits. Knowing where states excel, alongside where they don’t, can help employers have the best plans in place to meet the needs of their workers. Personal finance website Wallethub has compared the 50…
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The 15 Most Popular Employee Perks

Posted on October 28, 2018 | News to Know

BY Kathryn Mayer Forget onsite gyms, health coaching and pet-friendly offices. The most coveted employee benefits have to do with time away from the workplace. That’s the conclusion of a poll of 1,227 working adults from benefits provider Unum, which found that the most desired perks have to do with flexible work options and absence…
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