Wednesday, April 24, 2013

An Actuarial Review of ACA on Healthcare Rates If you would like to see the expected rate increase of individual rates in your market, review the above report. This is a very good outline of actuarial analysis.

Tuesday, April 23, 2013

Evolution1 to Present Exclusive Webinar on Defined Contribution Model iPlanRx partners with Ev.1 as a leader in providing a defined contribution benefit solution to employers, associations, chambers, and other organizations that are seeking a solution based on empowering individuals to make better health and wealth purchasing decisions. Visit us at

Sunday, April 21, 2013

Vermont Insurers Post Exchange Health Care Rates

Vermont Insurers Post Exchange Health Care Rates

This an interesting example of the difference in the final cost that US citizens will have to pay for coverage versus the actual cost of the coverage.

The discussion should be focused on the cost, not the percentage change in rates starting in 2014..

Saturday, April 20, 2013

Healthcare Costs: A State by State Comparison - Wall Street Journal

The interesting piece of the attached article is that it provides a comparison of the differing cost of healthcare across our country.

I live in WI and we have, arguably, very good healthcare.  However, our cost would tend to support that assessment.

From a different perspective, Vermont also has a similar cost per resident as Wisconsin.  I am noting this because VT has announced their Exchange rates and Qualified plans (Platinum, Gold, Silver, and Bronze).  I wonder if in WI we can use their announced Exchange rates as a benchmark for our own potential numbers?

Wednesday, April 10, 2013

When your boss makes you pay for being fat - 620 WTMJ - Milwaukee's Source for Local News and Weather

When your boss makes you pay for being fat - 620 WTMJ - Milwaukee's Source for Local News and Weather

This subject is going to receive more publicity as we move forward into Obamacare.

The reason is that there are some excellent financial rewards within Obamacare for introducing a wellness program to your company.  The catch?  You have to have a group health plan.

Wellness is good, helping people change behaviors to improve their health is excellent.  The question is what role does the employer want to play and is the best vehicle for providing this solution a group health plan?

The financial benefit of providing a wellness program has been hard to measure without a large enough number of employee's to allow experience to be utilized in setting health insurance rates.  Many companies do not fall into this category.  The ironic issue is that companies can have 9 out of 10 of their employee's adhering to a great wellness path and yet they still have negative experience due to significant claims which the premium of the company cannot sustain, simply because some health claims are extremely expensive.

The solution ultimately comes down to use as consumers, employee's, and users of the healthcare system.

Sunday, April 7, 2013

When Your Boss Makes You Pay for Being Fat - Wall Street Journal

What do you think of this situation?

Do employers want to be in this role?  A $2,000.00 penalty may be easier.

Do you think that the people that are not meeting the Health Metrics earn less than 400% of poverty and would more than likely qualify for a government subsidy?

Some Small Businesses Opt for the Health-Care Penalty - Wall Street Journal

Good article from the Wall Street Journal.

What do you think your business will do?  What is best for your employee's?  What is best for the company?
What will your competitors do?