2012 - Employee Benefits I AP Benefit Advisors

Healthcare Reform Costs & Potential Savings

Healthcare reform has captured headlines around the country with many cost-saving initiatives for employers and individuals. The potential, however, for substantial savings exists within the current framework without any changes necessary. These savings are dependent upon a carrier’s ability to negotiate with providers, as well as a number of factors relating to the business. To […]

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Fiscal Cliff Proposal Could Impact Small Businesses' 401(k) Plans

The latest round of fiscal proposals for the federal budget includes a provision by President Obama that would penalize small business owners, according to Brian H. Graff, CEO/Executive Director of NAPA and ASPPA. This attempt to bridge the gap between the President and House Speaker John Boehner represents yet another point of contention in their […]

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Walmart's New Health Care Policy Shifts Burden To Medicaid, Obamacare

By Alice Hines, Huffington post Walmart, the nation’s largest private employer, plans to begin denying health insurance to newly hired employees who work fewer than 30 hours a week, according to a copy of the company’s policy obtained by The Huffington Post. Under the policy, slated to take effect in January, Walmart also reserves the […]

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HHS Guidance New PPACA $63 Per Head Fee

HHS Guidance:  $63 per head fee to help stabilize the individual health insurance market from 2014 to 2016. Update, March 6, 2013 With the issue of the Final Regulations on Friday, March 1, 2013 (and a new CMS/HHS Fact Sheet) we have confirmation of some nuances here. The fee will apply to former employees and […]

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Dental Insurance and Oral Care Prove Vital for Children’s Health

BUSINESS WIRE–Argus Dental Plan warns that parents may not realize that the most common chronic childhood disease is tooth decay. Nearly 25 percent of preschoolers have baby-teeth cavities before they enter kindergarten, according to the Centers for Disease Control and Prevention. “With routine screenings and scheduled visits to a dentist, tooth decay can be prevented” […]

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47 percent of Americans live paycheck to paycheck

By Paula Aven Gladych Nearly three-quarters of Americans worry that they won’t have enough money to retire or pay for health care costs in retirement, and nearly 50 percent are living paycheck to paycheck. In the most recent Harris Interactive poll, only 41 percent of people who haven’t retired yet believed that Social Security would […]

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Getting the most from your dental and vision plans

By Mark Roberts, www.benefitspro.com Most Americans get dental and vision coverage through their employer. As a general rule, ancillary benefits are most commonly purchased by employees on a voluntary basis. Typically, when employees are offered a dental insurance product, many of them turn it down as a benefit they are willing to pay for, especially if […]

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Large employers look to on-site health clinics to reduce costs and absenteeism

By Sarah Halzack, The Washington Post On-site health care clinics are increasingly being set up at large companies that are looking for new ways to reduce health care costs and boost employees’ productivity. These facilities are being established by firms across all sectors to offer everything from urgent and primary care to biometric screenings to chronic […]

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Clearer Prescription Drug Labels May Be on the Way

Safety-standards group wants to simplify confusing language that can lead to dosing mistakes By Steven Reinberg, HealthDay Reporter Confusing dosing instructions for prescription drugs cause more than a million medication mix-ups a year in the United States, but experts say proposed labeling changes could slash that number. The U.S. Pharmacopeial Convention (USP) — a nonprofit group […]

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DOL Wellness Program Guidance under PPACA

Consistent with what we’ve known about PPACA, when 2014 arrives, nondiscriminatory wellness programs will have the ability to increase the maximum permissible rewards from 20% to 30% of the cost of coverage.  Further, today’s proposed regulations from HHS/IRS/DOL allow for an increase to 50% for wellness programs designed to “prevent or reduce tobacco use.” As […]

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