Affordable Health Plans for Cooley Law Students
As the U.S. health coverage environment evolves, especially after The Patient Protection and Affordable Care Act of 2010 (PPACA), workers are increasingly turning to voluntary employee benefits to supplement certain coverage. Voluntary benefits can offer additional financial security to employees, with no direct costs incurred by employers. Employ...
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So much attention is spent looking at medical benefits and ways to reduce costs, stop inflation and increase employee satisfaction, we sometimes take our eye off other benefits or what I like to call “ancillary” benefits. Although not as high profile as medical coverages, ancillary coverages such as dental, life, disability, accident and crit...
The Health Insurance Claims Assessment Act will impose a new 1% tax on paid health care claims. This tax, which takes effect on January 1, 2012, will be paid by insurers that provide fully-insured plans, and by third party claims administrators in the case of self-funded plans. The tax is intended to help fund Michigan's Medicaid program and will b...
Every year employers look for ways to reduce and control their employee benefit expenditures, especially for medical coverage. For the most part, when it comes to medical coverage employers increase deductibles or co-pays without really studying alternative plan designs to reduce costs and increase benefits to employees. Cost shifting to empl...
