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 please use our Mediportal website to check eligibility and status a claim, deductible or coinsurance.

Medicare Part D Notices Due before 10/15/18
Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before 10/15/18. CMS has provided model disclosure notices for employers to use.

Open Enrollment is Looming – Are you Prepared?
Check out this document for quick reference.  Contact us if you would like a detailed document that lists legal changes affecting plan design and administration for plan years beginning on or after 1/1/19.

 

Recent News

The IRS Announces Inflation-Adjusted Limits for HSAs and HDHPs.

The adjusted contribution limits for HSAs take effect as of 1/1/2019.  New HSA contribution limits are $3500 single/$7000 family. The adjusted  DHP cost-sharing limits (minimum deductible and maximum out-of-pocket) take effect for the plan year … Continue reading

Reset Your Router VPNFilter Malware

The FBI is encouraging consumers to reset their routers to prevent the VPNFilter malware attack.  The attack could collect information, block network traffic, and stop your router from working. Consider the below steps to protect … 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