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SELF-FUNDED MEDICAL PLANS AND STOP LOSS

WEBBy Thomas A. McCoy, CLU. A self-funded medical plan represents the epitome of a partnership effort among the benefits broker, an employer and the stop-loss …

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SELF-FUNDED HEALTH PLANS PUT EMPLOYER IN CONTROL

WEBAbout 15% of covered workers in small firms and 79% in large firms are enrolled in health plans that are either partially or completely self-funded, according to …

Category:  Health Go Health

Self-insured medical plans: The quest for control

WEBHM’s employer customers for stop loss business range in size from “the tiniest end of the self-insured spectrum to those with 10,000 or 20,000 employees,” …

Category:  Health Go Health

NONTRADITIONAL, EXCEPTED-BENEFITS HEALTH PLANS

WEBAn often-overlooked solution to this dilemma is nontraditional, excepted-benefits health plans, known as key employee healthcare cost reimbursement plans. …

Category:  Health Go Health

STOP LOSS INSURANCE

WEBIn 2020, members with a stop-loss (high-cost) claim related to a mental health disorder rose 21%, and overall spending on mental health claims increased …

Category:  Health Go Health

CRITICAL ILLNESS: NEW COVERAGE OPTIONS EVOLVING NEEDS

WEBSales of the product are rising, with opportunities for agents and brokers. Everyone fears the big three: heart attack, stroke and cancer—and those serious …

Category:  Cancer Go Health

CRITICAL ILLNESS: GROWING AND EVOLVING

WEBAccording to a 2019 LIMRA report, critical illness insurance premium volume increased 21% to about $1.7 billion from about $1.4 billion in 2018. Critical illness …

Category:  Health Go Health

ACCIDENT INSURANCE TRENDS

WEBConfronting these industry trends and events, insurers are changing policy terms, benefits, and product marketing—and they’re relying on agents and brokers to …

Category:  Health Go Health

DENTAL AND VISION BENEFITS

WEBAfter medical and dental, vision isone of the most desirable benefits that employees value, Estep says. Guardian’s annual Workplace Benefits study found that …

Category:  Medical Go Health

OPPORTUNITY KNOCKS WITH GROWTH OF BEHAVIORAL …

WEBAccording to TMR Research, “The forecast period of 2019-2029 can prove to be the most bankable era for the behavioral health market with the COVID-19 outbreak …

Category:  Health Go Health

CRITICAL ILLNESS: MORE VALUABLE THAN EVER

WEBIn March, 36% of employers said they were likely to offer critical illness insurance in the future. This number jumped to 50% in June. The product has also …

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HOSPITAL INDEMNITY INSURANCE

WEBPregnancy, for example, has become one of the most important covered conditions. “In the past, hospital indemnity insurance had a lot of restrictions for …

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WELLNESS PROGRAMS

WEBWellness program manuals used to focus on diet and exercise programs, smoking cessation methods, and disease prevention guidelines. Many were …

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DENTAL AND VISION Benefits

WEBVison insurance still provides an annual examination and corrective lenses. Dental and vision care benefits are generally marketed as a component of an employer …

Category:  Health Go Health

ACCIDENT INSURANCE IN 2021

WEBThe list of benefits U.S. workers said that they would consider purchasing during their next open enrollment because of COVID-19 include life insurance (40%), …

Category:  Health Go Health

PENNSYLVANIA AGENCY HELPS EMPLOYERS AND THEIR …

WEBWhat we are offering them is health—in the present tense. That’s the way I see it,” Evarts says. EHD was founded in 1896 as Engle-Hambright & Davies Inc., in …

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VARIETY IS THE "SPICE" OF THE BENEFITS WORLD

WEBChallenging the status quo Eric Krieg, senior vice president, says employers of all sizes face some common challenges. Controlling health care costs is an issue for all Oswald …

Category:  Health Go Health

LIFE INSURANCE NEW IMPORTANCE

WEBF irst came the case statistics. Then the hospitalizations. Then finally the body counts. The first year of the COVID-19 pandemic raised the nation’s …

Category:  Health Go Health