Unfortunately, the trend of health costs are rising faster than the rate of inflation and is expected to continue. But why are health care costs rising? Several factors have contributed to climbing health care costs over the past decade, including the following: Expansion of health care provisions New government regulations Increased utilization and consumer demand Read More >>
ACA Replacement Bills Released
The hype is over, the U.S. House Representatives finally released draft legislation to replace the Affordable Care Act (ACA). The new proposed law would reduce the government’s involvement in health insurance and: No longer require individuals to purchase health insurance or penalize those who don’t enroll Phase out the ACA’s Medicaid expansion Provide relief from Read More >>
5 Important Issues to Monitor in 2017
New administrations bring new challenges to the professional realm, and the Trump administration is no exception. Many of the former administration’s health care initiatives are being rolled back or halted. This leaves employers in an uncertain place in regard to compliance regulations and reform laws. This uncertainty comes in addition to the already complicated day-to-day Read More >>