Healthcare Reform Information
The old maxim is: When life gives you lemons, make lemonade. OK, but what if it gives you a mixed bag of apples and oranges, too, and some are rotten? That’s how businesses, both small and large, have sort of felt about the knowns and unknowns of the Affordable Care Act, dubbed “Obamacare.”
Healthcare reform has been a bear, but our agency—under The Bear Flag for more than 40 years—hasn’t folded up the tent and broken camp. Instead, we have honed our expertise on health insurance reform—at both the state and federal level. While there are some aspects of the ACA that haven’t been ironed out, much that affects employers has been settled…or at least postponed for implementation for the time being. California took the lead in establishing new self-insured financial rules, and the federal government has stepped in to exempt employers and individuals from mandates that presented special problems, so little by little the dust is settling.
Staying Abreast of Healthcare Reform
That doesn’t mean everything is static, though, and insurers and medical providers are still grappling with cost realignments and new demands from employers and regulators. As a result, prices are all over the place—both for employer accounts and individual medical services. Our agency is staying on top of pricing trends and works diligently on behalf of clients to secure the best coverage at the best prices.
We are there to advise clients on a variety of ACA rules, including:
- Employee classification
- Use of the exchanges (or marketplaces)
- Tax advantages
- Qualifying plans
- Community health network use
- Skinny plans
- Concierge health plans
- Wellness programs
- Self-insurance availability/captive insurance
- Many other details
While narrowing provider networks isn’t always popular, it can be done without destroying health insurance benefits, and innovations are springing up all the time—take in-house medical care options that provide screenings and other wellness or early-detection services as one example. Signature has many creative solutions that can be tailored to your needs and dovetailed with multifaceted group health plans.