Fuzzy Math: Averages Used by Insurers Don’t Add Up
For readers of Employee Benefit News, Oswald’s Neil Quinn reminds them how the use of averages can obscure attention from critical data. He stresses that health plan reporting often contains book-of-business benchmarks for data such as in-patient visits, emergency room use, number of prescriptions, and other utilization and cost variables. So, your insurer is comparing your health plan performance to the average of every company to whom it sells insurance. If this strikes you as absurd, Neil asserts it should. Learn more...HERE
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Health Care Reform Update 3-5-10
Health Care Reform Legislation: March 5, 2010
Watch and listen to insights on changes to draft proposals of Health Care Reform Legislation: HERE
For more information, contact Bob Klonk; (216) 367-4946
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COBRA Subsidy Extended to March 31, 2010
President Obama signed the Temporary Extension Act of 2010, H.R. 4691, on March 2, 2010, extending the COBRA premium subsidy for employees experiencing an involuntary termination from March 1 through March 31, 2010. COBRA premium subsidies expired on February 28, 2010; however, among other stopgap provisions addressing expiring unemployment benefits, this Act retroactively restores the subsidy to assistance eligible individuals. COBRA subsidy eligibility continues to be 15 months.
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Health Care Reform Update 3-1-10
Watch and listen to insights on changes to draft proposals of Health Care Reform Legislation: HERE
For more information, contact Bob Klonk; (216) 367-8787
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