The State Health Plan (SHP) is looking for ways to control healthcare cost and it has its eyes set on the reimbursement rates paid to medical providers. Why is this important? According to North Carolina’s Treasurer, Dale Folwell, the State Health Plan has an estimated unfunded liability of $35 billion leading to potential insolvency by […]
Every few years, a new product comes onto the medical insurance market promising to be the new silver bullet that is going to save money and improve outcomes. A few years ago, private exchanges were all the rage. We’ve seen referenced-based pricing, medical stop-loss captives, and narrow or tiered networks all touted as guaranteed money […]
Most people are familiar with Grandfathered plans but do you know what Grandmothered plans are and how they differ from Grandfathered plans?
In March 2018, U.S. Representative Mike Kelly (R-PA) introduced the Bipartisan HSA Improvement Act which would have amended the current law governing Health Savings Accounts (HSAs) and improve access to healthcare for those currently enrolled in HSA-qualified high-deductible health plans.