Archive | September, 2010

Sebelius Threatens Plans With Termination

HealthPlanMarkets medicare alert Technorati Tags: health insurance,hhS,medicare HHS Secretary Kathleen Sebelius and CMS officials threatened to kill Medicare Advantage plans that don’t cut bids. In a private phone call over the weekend from Sebelius to AHIP, and in a Sept. 14 showdown between the CMS chief actuary and contractors, the Administration stated bluntly that contractors [...]

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eNewsFlash: Important update regarding FSA, HSA and HRA eligibility of Over-the-Counter (OTC) Medicines and Drugs

Technorati Tags: Over the counter medications,OTC The IRS notice states that “beginning after December 31, 2010, expenses incurred for a medicine or a drug shall be treated as a reimbursement for medical expenses only if such a medicine or drug is a prescribed drug (determined without regard to whether such a drug is available without [...]

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Health Care Reform causes Premiums to go up?

Technorati Tags: health insurance,rising premiums,wall street journel,ObamaCare,PPACA Ric Joyner, MBA, CEBS, GBA, CFCI The Wall Street Journal is saying that insurers are adding cost to the health insurance renewal for health care reform measures. Meaning that assume the renewal was going to be 9% as the “normal” year to year rate increase. There are two [...]

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CDH Accounts Near Tipping Point

Technorati Tags: CDH,Consumer Driven Health,HSAs,HRAs HSA Alert breaking research …    The new Kaiser Family Foundation employer survey released Friday shows that CDH accounts and HSAs are kicking butt in the U.S. employer market. Market penetration has passed 15% — even if you account for under-reporting of HRAs by employers. Premiums of CDH plans are [...]

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IRS Gives Guidance on OTC with Prescription Drugs!

The IRS has come out with a final determination on OTC  Friday. You are able to obtain a prescription for an over the counter medicine (OTCM) that is not normally Dr. Prescribed. In other words, if you need ibuprophen, which is an over the counter medicine we are now able after January 1st  to ask our [...]

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The Best HSA Tools Seminar—-EVER!

Technorati Tags: HSA,Tools,Education,HSA Education https://www1.gotomeeting.com/register/268869216 Who Should Attend This Webinar?  Brokers  Employers What We Will Cover In This Webinar: • eflex HSA product • How to Create a One-Stop HSA Shop by Cutting out the Banking Middle-man • HSA Selling Tools • HSA Employee Communication Tools • Generating Profits through increased HSA participation [...]

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