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Monday, November 9, 20202021 Medicare Part B Premiums Increase as Federal Benefits Open Season Begins The Centers for Medicare & Medicaid Services (CMS) has announced that the 2021 Medicare Part B standard monthly premium will increase by $3.90 from $144.60 in 2020 to $148.50 in 2021. READ MORE >>
Friday, October 30, 2020Key ObamaCare premiums drop for 3rd straight year Average ObamaCare premiums will decline by 2% for the 2021 year for a benchmark plan, the Trump administration announced, marking the third straight year of declines. Premiums for the benchmark plan have declined by 8% on the HealthCare. READ MORE >>
Friday, October 30, 2020COVID-19 vaccines must be covered at no cost, CMS says The Centers for Medicare and Medicaid Services is mandating that all Americans have access to a COVID-19 vaccine, when it becomes available, at no out-of-pocket cost. The agency's interim final rule makes clear that private insurers must cover the vaccine at no charge to beneficiaries. READ MORE >>
Friday, October 30, 2020Trump rule says health plans must disclose costs up front Trying to pull back the veil on health care costs to encourage competition, the Trump administration on Thursday finalized a requirement for insurers to tell consumers up front the actual prices for common tests and procedures. READ MORE >>
Tuesday, October 27, 2020How to bridge the health insurance knowledge gap for younger employees
With the passage of the Affordable Care Act, young adults were able to stay on their parents health insurance plans until the age of 26. But once they get their own health insurance, many young employees make common and costl... READ MORE >>
Tuesday, October 20, 2020Premiums 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. READ MORE >>
Wednesday, October 14, 2020Social 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. READ MORE >>
Wednesday, October 7, 2020In 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 workplac... READ MORE >>
Monday, October 5, 2020How the COVID-19 crisis has highlighted the need for life insurance benefitsAn 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. READ MORE >>
Wednesday, September 30, 2020CMS lowers Medicare Advantage premiums: 3 things to knowAverage 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. READ MORE >>
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