Three Ways to Make Enrollment Changes
QualChoice gives you choices for making changes to your group enrollment or selecting new benefit plans for members
Calculating the Average Total Number of Employees (ATNE)
The size of an employer group determines benefit design, as well as Center for Medicare & Medicaid Services reporting requirements. Employers are required by state and federal regulations to report their ATNE; its accuracy impacts group health plan benefits.
Employer’s Healthcare Costs Have Plateaued
PwC’s Health Research Institute predicts that, without benefit design changes, large employers will see a 6 percent increase in health plan costs in 2019, the same rate of increase as in 2018. Costs for the previous five years have increased between 5.5 percent and 7 percent.
Member Termination Reminders
The Prior Authorization Transparency Act amendment of 2017 has impacted how subscribers or members may be terminated from your group plan.
Level-Funded Health Plans Gaining Ground
Level-funded group health plans are gaining acceptance as benefits decision-makers look for better plans for their companies and employees. The trend may be more pronounced given that the Affordable Care Act remains largely intact — for now.
High-deductible Health Plans – Lower Premiums
Employers are finding High-deductible Health Plans (HDHPs) an attractive way to reduce their employees’ health insurance premiums.