5 Employee Benefit Trends to Watch in 2016
Employers are beefing up wellness programs and making retirement administration fees more visible.
Read the full article at: money.usnews.com
Archive for month: July, 2016
5 ways employers can keep benefit plans simple – Sacramento Business Journal
Major shifts in the health payer industry have changed the way health plans do business and the plan options available to small and large group employers. Fortunately, there are several ways for employers to keep the benefit selection process simple and easier to manage.
Read the full article at: www.bizjournals.com
Employers need guidance through the process of selecting health plans for their employees, negotiating with health plans on their behalf, and explaining the complex benefit options to their employees.
Doctors Who Get Sued Are Likely to Get Sued Again
One percent of all doctors account for 32 percent of all paid malpractice claims.
Read the full article at: well.blogs.nytimes.com
One percent of all doctors account for 32 percent of all paid malpractice claims. While multiple factors contribute to increased medical malpractice insurance rates, the principal contributor is insurers’ losses from claims. Employers should pay close attention to a potential new employee’s claim history.
Physicians seek employed status to weather payment risks
Dr. Theodore Strange and his 60 physician colleagues at the University Physicians Group in New York City will soon be hospital-employed again. Across the country, physician groups are going through the same deliberate exercises that led Strange and partners to cast their lot with a bigger system.
Read the full article at: www.modernhealthcare.com
The goal of those of us who work directly to help physicians is to help them remain as independent as possible, however, that does not mean they will not have to look for ways where working together can bring efficiencies.
Catholic Health Initiatives to divest health plan operations
Hospital system Catholic Health Initiatives’ experiment with health insurance has hit the end of the road after a couple years of heavy losses. CHI is “exploring options to sell” its health plan subsidiary.
Read the full article at: www.modernhealthcare.com
This is likely the beginning of a trend as providers find making money by maximizing utilization and inpatient stays only makes you loose more on your health plan when you are on both sides of the risk. It took Kaiser decades to get this worked out.