Surprising news has come out of a new ACA regulation released by the US Department of Health and Human Services (HHS) indicating that “certain self-insured, self-administered” health plans may be exempted from paying the reinsurance fee for the 2015 and 2016 plan years. These plans would still be subject to the fee for the 2014 plan year.
Self-funding has been in the news recently as the state of Wisconsin considers whether to adopt this method of paying for health benefits. There is a lot riding on this decision. The state buys a lot of health care, so changing their funding strategy will impact the market.
Family health premiums in 2013 rose 4 percent reaching an average of $16,351 according to the Kaiser Family Foundation’s Annual Benefits Survey.
You can throw up roadblocks that discourage employees and dependents from coping with chronic problems before they turn into major expenses and save a few dollars in the short term.