Category Archives: Health Care Reform

HSA Update -why you should be using them!

Health savings account with conover consulting logo and start saving explanation

Great article byLoretta Metzger, Employee Benefit Advisor, 3/13/17

As the cost of healthcare zooms upward, many employers are shifting to high-deductible health plans, which include a lower monthly premium and, as the name implies, a higher deductible. In 2016, 29% of all insured employees were enrolled in HDHPs — an increase of 9% since 2014, according to Kaiser Family Foundation. Often, employers offer health savings accounts along with HDHPs to enable employees to save money tax-free for medical expenses.

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Aetna negotiations with Barnabas Health in NJ

aetna over barnabas health

Aetna continues negotiations with Robert Wood Johnson (RWJ) Barnabas Health in New Jersey.  However, to meet regulatory requirements and customer commitments, letters will be sent to Providers and Members notifying them of the termination date as follows:

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So what is the “American Health Plan” from the house?

paul ryan american health care plan

Thanks to Keith Zuckerman from PGP for this:

Below are comments from our government affairs people at NAHU plus a very good summary of the new bill House GOP’ers put forth yesterday.  Keep in mind that this has a long way to go to become law and we will keep you apprised of future developments.  Some of the highlights are:

  • Employer Mandate.  The employer mandate would be eliminated as of January 1, 2016.  As a result, employers could still be liable for ACA penalties for 2015.
  • Employer Reporting.

o   Beginning for the year 2020, the Form W-2 would be required to indicate whether an employee was eligible for employer-provided coverage that disqualified the employee from the new individual tax credit (discussed below).

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Insurers to leave ObamaCare if no clear pathway

image of nurse with obamacare logo

Health insurers want to see how Congress intends to replace Obamacare before they commit to offering policies for 2018, a new survey has found.

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University Hospital in Augusta, GA Joins Blue Option

blue cross blue shield of South Carolina

BlueChoice HealthPlan and BlueCross BlueShield of SC are pleased to announce that effective Jan. 1, 2017, Blue Option members now have full access for covered services at the University Hospital in Augusta, GA, and approximately 420 of its affiliated physicians and providers. 

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Reeve Conover is a Registered Representative. Securities offered through Cambridge Investment Research, Inc., a Broker/dealer member FINRA/SPIC. Cambridge and Conover Consulting are not affiliated. Licensed in SC, NC, NY, CT, NJ, and CA.
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