Reminders: Creditable Coverage and OSHA Form 300A

Creditable Coverage Disclosures Due to CMS by March 1 for Calendar-Year Plans   Employers offering prescription drug coverage to Medicare-eligible individuals via a calendar-year plan generally must complete an online disclosure to the Centers for Medicare and Medicaid Services (CMS) by March 1. This disclosure must report whether the coverage offered is "creditable," meaning it is expected to pay, on... Read More

Unhealthy America

The Urban Institute released a healthcare proposal on May 14th, to expand upon the Medicare Program and ACA Marketplaces.  The Healthy America program “combine improved financial assistance, an improved public program with a broad provider network, provider payment rate caps to boost insurer participation and counteract the monopoly power of health systems in some areas, autoenrollment for very low-income... Read More

US Healthcare Spending to Climb 5.3% in 2018

The Centers for Medicare and Medicaid Services projected mid-February that US healthcare spending would increase 5.3% in 2018.   Factors affecting this increase include: Rising prices of medical goods and services Higher Medicaid costs Ageing baby-boom population driving Medicare enrollent More disposable personal income Spending in 2016 rose 4.3 percent and spending in 2017 rose 4.6 percent (originally projected at... Read More