Tag: health plans

4 Things to Consider When Comparing Medicare Plans | Pennsylvania Employee Benefits Team

Comparing Medicare health and prescription drug plans can be complicated. Keep in mind these 4 things to make your plan choice easier with the Medicare Plan Finder. Total cost for care. It’s important to think about your total out-of-pocket costs, includingdeductibles,copayments, coinsurance, maximums, and drug costs, that you’ll pay with a Medicare health or drug plan. When you compare … Continued

Notifying Participants of a Plan Change | PA Benefit Consultants

Curious about when you should notify a participant about a change to their health care plan? The answer is that it depends! Notification must happen within one of three time frames: 60 days prior to the change, no later than 60 days after the change, or within 210 days after the end of the plan … Continued

Groups defend small self-insured plans

Defenders of self-insured health plans testified on Capitol Hill today that the plans are tools for employers to get more control over benefits programs, not get-out-of-federal-health-regulation free cards.

Putting off PPACA with early plan renewals

With the PPACA going into full effect Jan. 1, a number of employers are expected to pull the trigger on renewals in November and December. Just how many, no one knows right now.

CDHPs increasingly popular among employers

Consumer-driven health plans have bypassed health maintenance organizations to become the second most common plan design offered by U.S. employers, according to an Aon Hewitt survey.

GRANDFATHERED STATUS FOR 2013

“Grandfathered” health plans that have not undergone significant changes since the Affordable Care Act (ACA) was enacted in March 2010 will once again have to assess whether the plan can and/or should try to retain such status for 2013.

 

Fairmount Benefits Company

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Radnor, PA 19087
610-567-0175
800-527-3615

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