January 5, 2021
AgencyThe IRS allows customers to complete a once-per lifetime transfer from an IRA account to an HSA
The IRS allows customers to complete a once-per lifetime transfer from an IRA account to an HSA When Transferring Funds From an IRA to an HSA The IRS allows customers to complete a once-per-lifetime transfer from an IRA account to an HSA. Below are a few of the details to know when considering this transaction. […]
January 4, 2021
AgencyOregon extends telehealth agreement for health insurance plans
Oregon extends telehealth agreement for health insurance plans The state of Oregon has reached an agreement with several health insurance companies to continue providing expanded telehealth options through at least June 30, 2021. The agreement follows guidance issued by the Department of Consumer and Business Services and the Oregon Health Authority in late March requiring […]
January 4, 2021
AgencyNo more surprise medical bills. What will that mean for insurance premiums?
No more surprise medical bills. What will that mean for insurance premiums? Congress has finally done something about surprise medical bills — those unexpected charges from out-of-network health care providers that can add up to tens of thousands of dollars. Lawmakers tucked a provision banning the surprise bills into the $900 billion coronavirus relief package […]
December 23, 2020
AgencyProvidence joins with Cigna to provide greater access to providers nationwide
Providence Health Plan is pleased to announce that we have entered into an agreement with Cigna Payer Solutions to provide nationwide access to the Cigna PPO Network1 for Providence employers with members who reside or travel outside Providence’s core service area. The new relationship will be effective mid-2021 for small and large group fully-insured and self-insured employers. […]
December 21, 2020
AgencyTrump rule says health plans must disclose costs up front
Trump 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.
December 21, 2020
AgencyMillions of Americans have lost health insurance in this pandemic-driven recession
Millions of Americans have lost health insurance in this pandemic-driven recession Amid historic levels of unemployment, as many as 12 million Americans may have lost their health insurance since February, according to a study by the Economic Policy Institute.
December 16, 2020
AgencyResearch: COVID is driving employees to make benefit changes this year
Research: COVID is driving employees to make benefit changes this year Open Enrollment has been a heavy lift for employers this year, as many HR and benefits leaders have ramped up efforts to engage and encourage employees to pay attention to offerings during a once-in-a-lifetime pandemic. But the good news is that employees, too, are taking […]
November 23, 2020
AgencyOregon joins ‘Get Covered 2021’ health insurance campaign
Oregon joins ‘Get Covered 2021’ health insurance campaign SALEM, Ore. (KTVZ) — The state of Oregon announced Thursday it is joining the national Get Covered 2021 campaign, spearheaded by Get Covered America, Covered California, and the Kentucky Health Benefit Exchange. Read more.
November 9, 2020
Agency2021 Medicare Part B Premiums Increase as Federal Benefits Open Season Begins
2021 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.
October 30, 2020
AgencyKey ObamaCare premiums drop for 3rd straight year
Key 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.gov platform over the three-year period since the 2018 plan […]