by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates
Since the Affordable Care Act was implemented in 2011, small and mid-size employers have been trying to find creative ways to contain costs, sidestep certain ACA requirements and take control of their employee benefits. For many, the solution is self-funding. But...
by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates
By Jack Craver | January 13, 2020 at 10:56 AM A new analysis takes a look at the difference between what private health plans and Medicare pay for hospital stays. The analysis, published by Thomas M. Selden in Health Affairs, examines the cost of hospital stays from...
by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates
September 14, 2020 A health plan covering thousands of California teachers stopped paying for a diabetes drug that cost $352 per prescription. In its place, the plan now pays less than $13. The difference? Instead of getting a 1,000-milligram dose of metformin,...
by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates
By Dr. Miles Varn September 14, 2020 11:01 AM Even before the COVID-19 pandemic forced many employers to switch from a mostly onsite workforce to a remote or dispersed workforce, employers were faced with effectively and consistently communicating benefits to...
by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates
Each year, the Kaiser Family Foundation conducts a survey to examine employer-sponsored health benefits trends. This document summarizes the main points of the 2020 survey and suggests how they could affect employers. Please read the attached summary of findings that...
by Watko Benefit Group | Jun 29, 2021 | Employee Benefit Updates
By Amanda Schiavo October 19, 2020 With the passage of the Affordable Care Act, young adults were able to stay on their parents health insurance plans until the age of 26. But once they get their own health insurance, many young employees make common and costly...
