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Personalized Care Act (ICHSA) Could and Should End Employer-Based Health Insurance

Joe Markland

In 2016 I predicted that an individual health policy would be an eligible pre-tax expense by 2020. On January 2020, the Individual Coverage Health Reimbursement Account (ICHRA) was enacted, and employees for the first time in 75+ years could buy an individual policy with pre-tax dollars if their employer adopted an ICHRA.

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The Top 5 Small Business Health Insurance Options in 2020

PeopleKeep

Over the last 15 years, the cost to cover one employee under group health insurance rose nearly 200 percent—from $2,196 to $6,435. These unsustainable costs, coupled with the hassle and one-size-fits-all nature of traditional group benefits, have caused many small businesses to drop health benefits. Self-funded health insurance.

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Inflation Could Hit Group Health Insurance Premiums

InterWest Insurance Services

The health care sector is not immune to the effects of spiking inflation, and the increasing cost of care is likely to spill over into health insurance — but it’s uncertain by how much. Non-labor expense per adjusted discharge rose nearly 26% compared with February 2020. How will my premiums be affected?

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Seven ways to save on health insurance

PeopleKeep

The cost of health insurance premiums and the amount of health expenditures in the U.S. According to an online survey conducted by Bankrate , nearly a third of Americans in 2020 avoided getting medical care because they were worried about the cost.

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The average cost of health insurance for small business in 2020

PeopleKeep

Small organizations continued to face cost increases for group health insurance in 2020, a report from the Kaiser Family Foundation reveals.

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2022 Health Insurance Outlook, Changes

InterWest Insurance Services

In addition, new rulemaking is likely to be introduced in 2022 that will affect health plans, including non-discrimination rules for wellness plans and new rules governing what must be included on insurance plan ID cards. The CAA created a number of new requirements that affect health insurance and coverage. 1, 2022.

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8 reasons health insurance costs continue to rise

PeopleKeep

Health insurance increases are almost as reliable as death and taxes. In 2020, group health insurance premium costs increased 4% to $21,342 for an average family plan. Following is a concise summary of eight key trends driving the rising costs of health insurance in America today.