Benefits Blog

Health Insurance Exchange Preview for 2017

Health Insurance Exchange Preview for 2017

The last few weeks have not been kind to the Healthcare Marketplace and Obamacare as more and more insurance carriers assess their position for 2017. One state after another has announced big increases in the marketplace: North Carolina Blue Cross 8.8%, Blue Cross of Texas 62%, Aetna 25%, and Optima Health of 13.48% in Virginia.…

Affordable Care Act Reality Check

Affordable Care Act Reality Check

Last year, we began educating our clients on the Employer Shared Responsibility Payments – the penalties associated with the Affordable Care Act (ACA) – and what to expect when the IRS finally caught up and examined premium tax subsidies. In the spring, employers who had 50 or more full-time equivalent employees were required to file…

Medical Checklist for your Child going to College

Going to college? A medical checklist for your child

On Saturday ,my daughter Olivia graduated from High School, and will attend Xavier University in the fall. It is both an exciting and concerned time for this parent who will find his daughter almost 7 hours away from home with some healthcare challenges. My daughter has battled Lupus for the last 6 years, and while…

June 2016 Health Spotlight – Prostate Cancer

June 2016 Health Spotlight – Prostate Cancer

My father has battled prostate cancer and the after affects of surgery for over ten years.  It’s a tough diagnosis and one that will affect one in seven men nationally.  The statistics are overwhelming: About 220,800 new cases of prostate cancer About 27,540 deaths from prostate cancer 1 in 7 will be diagnosed with prostate…

Protect Your Most Valuable Asset

Protect Your Most Valuable Asset

My 20 year-old son, who is a sophomore at the University of Kentucky studying computer engineering , and also an avid sports fan, recently asked me why people purchase disability insurance?  Millennials often have no idea of the importance of both life and disability coverage, so I provided a few sports examples like Yao Ming…

Mental Health and Substance Use Disorder Benefits

Mental Health and Substance Use Disorder Benefits — Parity Requirements

The Affordable Care Act has literally turned benefits upside down. While we spend lots of time discussing the challenges the ACA affords employers, it has forced insurance carriers to provide more coverage with respect to Mental healthcare. The Mental Health Parity Act – part of the 2010 benefit changes to all health insurance plans continues…

Potential Dramatic Changes for Medicare Products

Potential Dramatic Changes for Medicare Products Offered in the Future

There are potential dramatic changes for Medicare Products offered in the future. CMS continues to look for ways to lower the cost of Medicare and to require Medicare Beneficiaries to pay more out of pocket expenses. Remember, some 78 million baby boomers will turn 65 in the next six years. The Medicare Access and CHIP…

Big Healthcare Marketplace Changes Anticipated in 2017

Big Healthcare Marketplace Changes Anticipated in 2017

It will be a tough first quarter for insurance carriers in the Healthcare Exchange Market who will report their dismal earning and loss ratios in the new marketplace created by the Affordable Care Act (ACA).  United healthcare expects to lose nearly $1 billion on Obamacare policies, the nation’s largest insurer reported in January.  While United…

April 2016 Spotlight - Alzheimers Disease

April 2016 Health Spotlight – Alzheimers Disease

Alzheimer’s disease is currently ranked as the sixth leading cause of death in the United States, but recent estimates indicate that the disorder may rank third, just behind heart disease and cancer, as a cause of death for older people. At Muneris Benefits, we help thousands of Medicare Beneficiaries with managing their supplement and Part…

Blockbuster Drugs Going Generic

Many Blockbuster Drugs Going Generic by 4Q 2016

There is some good news on the horizon with respect to healthcare costs – many Blockbuster Drugs are going generic by 4Q 2016. Prescription drugs costs continue to dominate any employer, employee, or Medicare beneficiary discussion concerning health insurance and for good reason: they can be outrageously expensive. 2016 is a watershed year when many top selling brand…

High Blood Pressure Prevention

High Blood Pressure Prevention – February 2016 Muneris Prevention Newletter

The CDC estimates that 46 billion dollars was spent in the U.S. in 2013 for high blood pressure related claims.  About 1 of 3 U.S. adults—or about 70 million people—has high blood pressure.  Controlling High Blood Pressure is relatively easy and inexpensive, as a wave of blood pressure medications have gone generic over the last…

Disability Income Protection for High Earners

Disability Income Protection for High Earners

The Super Bowl is now a distant memory, and the football fans must wait with bated breath on the future of Peyton Manning. Will he at the ripe old age of 39 decide to hang up his cleats and become an NFL broadcaster, possibly become an Offensive Coordinator, or maybe a College Football Coach? Quite…