December President’s Corner
Ideas and opinions from Christy Quigley, President of ClaimLinx.
What Is an Accumulation Period?
An “Accumulation Period” is the period of time during which an insured person incurs eligible medical expenses toward the satisfaction of a deductible and out of pocket maximum.
CHIP May Turn Into Bargaining Chip
A Senate committee will consider the extension of the Children’s Health Insurance Program, whose funding is scheduled to expire next September.
Obamacare’s Employer Mandate and Impending Penalties
Tom is discussing Obamacare’s Employer Mandate that states employers must offer health insurance that is affordable and provides minimum value to their full-time employees and their children up to age 26 or be subject to penalties beginning January 1, 2015.
Growth Predicted for Life Insurance Market
Recent data reveals only 46% of consumers have individual life insurance, and that more than 3/4 of consumers age 25-64 say they would benefit from more close guidance from financial services professionals in adding that important voluntary benefit.
GE Gets Approval for 3D Mammogram Machine
General Electric Co. recently won FDA approval to offer its 3-D breast imaging technology in the U.S. The mammography system, known as SenoClaire, is quickly adding competition to the market dominated by Hologic.
Insurers Prepare for Round Two as Health-law Marketplaces Reopen
Health-law marketplaces will reopen on November 15, selling coverage to millions of Americans.
7 Tips to Prepare for Flu Season
Flu season is officially here. A report from the Center for Disease Control and Prevention revealed that 111 million workdays are lost because of the flu, costing employers $7 billion in lost sick days and productivity.
Employers Cut Back on Health Coverage While Healthcare Spending Rises
An annual poll of employers, by the Kaiser Family Foundation and the Health Research & Educational Trust, shows the cost of employer health coverage increased about 4% last year, while the cost of employer coverage for an individual was up 2%. In 2013 and 2014, premiums for a family went up 4%.
October Is Breast Cancer Awareness Month
Breast cancer is the second most common kind of cancer in women, about 1 in 8 women in the U.S. will get breast cancer in their lifetime. Each year, over 2,000 men are also diagnosed with the disease, according to the Centers for Disease Control and Prevention.