Uncle Sam Beefs Up Mental Health, Addiction Coverage

Federal regulations under the Affordable Health Care Act (ACA) require insurance companies and health care providers to treat mental illness and addiction in the same way as physical ailments. That’s good news for everyone with health insurance. The ACA prohibits denying coverage or charging higher premiums to due pre-existing conditions, which include mental illness, while… Read more »

How Well Can Your Workers See?

Employers and employees aren’t seeing the health and productivity boosts of using their vision plans, especially with an aging workforce. According to Transitions Optical, Inc., nearly half of workers fail to take advantage of their vision benefit, either by not enrolling (24%) or not using their benefit to get an eye exam (32%). That’s unfortunate,… Read more »

Survey: Employers Neglecting Wellness Best Practices

In their efforts to control health care costs, most businesses offer their employees wellness programs, which often use incentives to boost participation. A recent nationwide study done by benefits software and solutions provider Bswift, found that more than half of employers that had been surveyed, are overlooking crucial practices that could increase worker involvement in… Read more »

Employer Sponsored Disability Insurance: Meeting A Need

A recent study by the Consumer Federation of America (CFA) spotlights the value of employer sponsored disability coverage in helping meet the health and financial well-being of workers. According the Social Security Administration, one in every four employees will use their disability coverage at some point. Despite this need, the nationwide survey found that fewer… Read more »

Work-Life Plans Boost Value Of Voluntary Benefits

Voluntary benefits have been gaining traction with employers and employees as valuable supplemental coverage to a core benefits package. For example, in today’s age of skyrocketing medical costs, programs such as Disability, Accident, and Critical Illness insurance are increasingly popular with workers concerned about paying for health care. Although these primary plans have been garnering… Read more »

Employee Benefits Liability Insurance, Anyone?

Because you offer your employees insurance-related benefits, failure to administer these programs properly can leave you vulnerable to litigation. Let’s say a new employee signs up for the company health plan, but isn’t enrolled due to a clerical error by the HR department. A month later, after the employee suffers a serious illness and learns… Read more »

Employers Eye Wellness Program Disincentives

Although disincentives are playing a greater role alongside incentives in employee wellness plans, it makes sense to use this approach with caution. A recent nationwide study by Aon Hewitt found that, 83% of businesses surveyed offer incentives with their wellness plans, while 53% plan to add “sticks” to their programs within the next three to… Read more »

Health Care Education Can Help Keep You Keep Employees

Businesses need to inform their workers about health plan changes under the Patient Protection and Affordable Care Act. That’s the word from Paul S. Amos, II, president of Aflac, Inc., a major health insurance provider. Says Amos, “If you believe in your employees and want to retain them so can grow your company and corporate… Read more »

Is There An ASO In Your Company’s Benefit Future?

More and more employers are using Administrative Services Only (ASO) plans for such health benefit as Dental Insurance. Under an ASO, the employer self-insures the benefits it pays, but uses an outside firm (such as an insurance company or third-party administrator) to process claims and pay providers, based on a fee per person. This approach… Read more »