Alternative Benefit Funding

A New Self-Funded Approach to Group Health Insurance

  • Allows mid-sized employers to take advantage of the same economic benefits that large, self-funded employers have utilized for years.
  • Shows promise to actually begin to reform health benefits costs.
  • Allows employers to utilize market forces to reduce medical fees.
  • Uses risk management techniques such as wellness programs that are often only used by large corporations.

Mediportal
Providers and health plan participants may check eligibility and status a claim, deductible or coinsurance online at:   Mediportal 

Medicare Part D Notices Due Before March 1st
Employers with health plans that provide prescription drug coverage to individuals who are eligible for Medicare Part D are subject to certain disclosure requirements.  Plan sponsors must complete an online disclosure form with CMS within 60 days after the start of the plan year, or March 1, 2018, for calendar year plans.  Check out the details here.

Work Comp in Michigan
Take a look at this document – it’ll answer many of the questions you may have regarding who must carry WC, who’s considered an employee under WC, who can be excluded from it, and who is considered an independent contractor.

 

 

 

Recent News

Scientist Use Smartphone to Detect Food Poisoning

Scientists at University of Massachusetts Amherst found way to detect bacteria by attaching a device to smartphone, however advancement isn’t quite far enough yet to determine if the bacteria is good or bad. Check the … Continue reading

Overtime Wage Payment Rule On Hold!

Federal Court Strikes Down 2016 Overtime Rule – U.S. Federal District Court Judge Amos L. Mazzant issued a ruling striking down an Obama Administration regulation on overtime pay. This rule would’ve doubled the FLSA’s salary … Continue reading

Blog Posts

Shop for Medical Procedures

As healthcare costs continue to rise,  plan participants should consider taking charge of the costs related to their health procedures.  Shop the procedure with other medical providers to compare costs, don’t be afraid to negotiate … Continue reading

1095 B & C Forms – What to Know

In early 2018, many employees will receive two important tax forms. In general, you will receive a Form 1095-B if you were enrolled in your employer’s health plan in 2017. You will receive Form 1095-C … Continue reading