Employer-Based vs. Individual Coverage – What Employees Should Know

Employer-Based vs. Individual Coverage – What Employees Should Know

At the Benefits Help Desk we often hear from employees who are unclear on the difference between their employer-sponsored health plans and the coverage they can purchase outside of work, like those available from the individual marketplace. We all know how difficult healthcare can be to navigate. It’s no surprise that it may not be… [Read More]

BigLaw Benefit Trends Emerge

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Representing over two dozen Am Law200 firms, Frenkel periodically reviews the latest benefit trends arising in the legal market. Nearly two years since our last legal industry review, we have once again surveyed the market and uncovered a handful of key emerging trends ushering in the 2017 open enrollment period with several highlights summarized below:… [Read More]

Managing the Effect of Low Interest Rates: The Power of Policy Review

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The policy review process is seldom simple. As a life insurance broker, I can attest to the complexity of monitoring policies as the marketplace changes. Low interest rates have bedeviled the life insurance industry for years now. But I’ve noticed a trend which may interfere with clients’ ability to pay their premiums if not accounted for… [Read More]

Three Simple Questions to Help You Answer: “What is the best health insurance policy?”

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With all of the changes to the health insurance markets over the past few years, “What is the best health insurance policy” is a question that I’m often asked. But this is challenging to answer because no “one-size-fits-all” policy exists in the world. Many factors must be considered – and laying out more money on… [Read More]

Open Enrollment Riddles: Decoding the Process for Employees

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The Frenkel Help Desk is bracing for the annual flood of calls which comes along each open enrollment season. Healthcare is confusing for many employees, and we expect similar questions each year. Questions are inevitable – and that’s what we’re here for. But it’s up to employers to arm employees up front with clear communications…. [Read More]

Technology: The New Healthcare Frontier

Technology-The New Healthcare Frontier

A recent Harris Poll reports that nearly a third of Americans are uncomfortable with managing their healthcare. Healthcare costs for a family of four now exceed $25,000 per year, but Americans are less confident purchasing healthcare than buying a home or a car. And it is not easy to make good healthcare decisions. As a… [Read More]

A Talk with Dave Cordani of Cigna

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On Wednesday I attended a meeting with Dave Cordani, the CEO of Cigna. He is considered one of the big thinkers in healthcare and I am happy to say that his talk was very much in line with the blogs I have been publishing. Healthcare is changing. Our country is moving from pay-for-volume to pay-for-value…. [Read More]

Mandatory Mail Order Rx and the Privacy Dilemma

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We have been hearing a lot about the explosion in the cost of specialty Rx that is leaving insurers, health plans, and governmental payors virtually defenseless against their cost (see Sovaldi). One of the mechanisms being deployed to combat the rising price tag is mandatory specialty Rx oversight.  What this basically does is cede total… [Read More]

Fun Facts about the Public Healthcare Exchanges

Fun Facts about the Public Healthcare Exchanges

On Thursday, May 1, the Center for Medicaid and Medicare Services (CMS) reported new health insurance marketplaces enrollments between October 1, 2013, and March 31, 2014. As reported, the HHS targets were met. 8,019,763 people enrolled. Over 30% were reported on state-based exchanges, with over 5.4 million applying through the federally facilitated and partnership marketplaces…. [Read More]