Blue Shield “recently launched a redesigned Mobile experience. Guests and members (Individual & Family Plan, Core Market, Small Business, Premier Account, and some Administrative Services Only health plan members) now have access to the latest enhancements. This phase of the mobile platform redesign will give members improved navigation and easier access to their health plan…
DetailsAs employee benefits increase in cost, particularly medical insurance, companies innovate to bring new strategies to the employer marketplace. This can create exciting new opportunities but it also attracts those who are not always looking out for your company’s best interest or, perhaps worse, are not highly educated and experienced with the risks each strategy…
Details“The Association of American Medical Colleges has produced a study designed to quantify this shortage. And the number they’re projecting is a big one: a 90,400-physician shortfall by 2025. That’s the high-end number. AAMC says the shortfall could be as low as 46,100 — still a serious gap between providers and patients.” Patients were experiencing…
DetailsIt was not long ago that self-funding medical insurance was considered a large employer concept. For understandable reasons, smaller and smaller employers have been considering and adopting this option in recent years. If you’ve had questions and ideas like these pop into your head… “There is no way medical insurance should cost this much!”, “Why…
DetailsEmployers that reimburse employees, whether pre- or post-tax, for individual medical insurance through an HRA or direct payment, please be aware that the IRS has posted several notices indicating that this is not an allowed strategy! In general terms, the IRS is granting reprieve for a number of employers through June 30, 2015 to make…
DetailsMost employers with 50 – 99 employees have become accustomed to ‘composite rating’. This means, there is generally an EE Only, EE+Spouse, EE+Child(ren), EE+Family rate, independent of employee or dependent ages. Be prepared that, very soon, this will no longer be the case and your rates will become more complex. Employers of this size will need…
DetailsBlue Shield PPO members now have access to a Treatment Cost Estimator. PPO’s provide great choice in medical providers and the ability to go out-of-network if you need to. However, costs for procedures can be difficult to predict. Blue Shield’s Treatment Cost Estimator can help you approximate the cost for important medical services you may…
DetailsAs one client of mine said, “I have life insurance because my kids are not high earners. I want to pass them an estate when I die, not loan debt. Not to mention, they may disagree about whether to sell or rent out the houses I own. One may need cash, the other may be…
DetailsClients and friends of Bestefits will receive a webcast invitation via email for a Health Care Reform presentation that will address the ‘must know’ information for small and large employers. This will include compliance requirements, filing requirements, benefits technology information and software to automate many compliance provisions. This webcast will not be recorded so please…
DetailsAlthough this tax is set to take place in 2018 and there may be modifications before that time, it is important that employers begin considering its impact now. Many employers are already preparing by making changes to the level of plans they are offering and finding other ways to enhance benefits for employees who will…
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