October 20, 2020
AgencyPremiums for HealthCare.gov Plans Are Lower for Third Consecutive Year
Premiums for HealthCare.gov Plans Are Lower for Third Consecutive Year Today, the Centers for Medicare & Medicaid Services (CMS) released a report showing the trend of lower premiums and increased issuer participation for HealthCare.gov will continue for 2021 year.
October 14, 2020
AgencySocial Security COLA announced for 2021
Social Security COLA announced for 2021 There will be a 1.3% cost-of-living adjustment for Social Security beneficiaries in 2021, the government announced. The maximum amount of wages subject to Social Security taxation will increase from $137,700 in 2020 to $142,800 next year.
October 7, 2020
AgencyIn the midst of COVID-19, knowing your employee health and insurance benefits is more crucial than e
In the midst of COVID-19, knowing your employee health and insurance benefits is more crucial than ever According to new Voya Employee Benefits research, to help protect their families during these uncertain times more than 70% of American workers plan to spend more time reviewing their workplace benefits ahead of open enrollment this fall, and […]
October 5, 2020
AgencyHow the COVID-19 crisis has highlighted the need for life insurance benefits
How the COVID-19 crisis has highlighted the need for life insurance benefits An employer’s insurance offerings are a core consideration when choosing a job, so it’s critical that in addition to comprehensive health insurance, you’re also offering robust life insurance options.
September 30, 2020
AgencyCMS lowers Medicare Advantage premiums: 3 things to know
CMS lowers Medicare Advantage premiums: 3 things to know Average premiums for Medicare Advantage plans will be an average 11% lower for the 2021 plan year compared to this year, CMS said Sept. 24. Here are three things to know.
September 30, 2020
AgencyTrump signs U.S. healthcare executive orders that may have little impact
Trump signs U.S. healthcare executive orders that may have little impact President Donald Trump signed two executive orders as part of his America First Healthcare Plan calling for coverage of preexisting conditions and directing HHS to work with lawmakers on legislation to protect patients from unexpected out-of-network medical bills. Trump also said the administration […]
September 9, 2020
AgencyBecause Of COVID-19: People Are Losing Health Insurance
Because Of COVID-19: People Are Losing Health Insurance There are few aspects of life that have not been affected by the COVID-19 pandemic. Side Effects Public Media has launched a Facebook Live series called “Because of COVID-19” to examine these ripple effects and offer solutions and resources. Our first edition looked at the way many […]
September 9, 2020
AgencyCOVID may slow premium increases in 2021
COVID may slow premium increases in 2021 In June, the Colorado Health Institute estimated 563,000 Coloradans would join Medicaid this year, with the majority coming from those who lost their jobs due to the ongoing COVID-19 pandemic. With those losses came a large drop in the number of people within the risk pools that comprise […]
August 16, 2020
AgencyMany companies continue health insurance for furloughed workers
Many companies continue health insurance for furloughed workers Millions of Americans have lost their jobs. Fortunately, many of their former employers are working to make sure they don’t lose their health coverage, too. Macy’s furloughed most of its 125,000 employees in late March. But the retail giant has continued providing health benefits. Marriott, Kohl’s, […]
August 9, 2020
AgencyFlexSystem Savings Calculator
FlexSystem Savings Calculator Fill out this form to calculate an estimate of your tax savings. As you fill out the form, the estimates will display automatically. While this calculator will provide you with a snapshot based on your current situation, please revisit this calculator on a regular basis to check your estimated savings.