Thought Of The Week
What’s one benefit you are interested in offering your clients or employees in 2019?
Welcome to The Source, your one-stop-shop for the latest and greatest HR and benefits news. Our weekly publication highlights this week’s top stories in human resources, benefits administration, insurance, legislation and more to make sure you can stay on top of industry trends and changes. Start off your week on a high note with The Source!In this week’s edition, we cover the ACA bombshell that was dropped over the weekend, 2019 trends in health care and benefits technology and predictions for what to expect in the industry in the upcoming year. Click To Tweet
Affordable Care Act Ruling Won’t Affect 2019 Coverage or Enrollment
A Texas judge’s ruling over the weekend on the Affordable Care Act sparked a bit of panicked discussion as the decision that the ACA is unconstitutional conveniently came through the night before open enrollment ended. However, the law remains in effect pending appeal, and will have no effect on 2019 coverage for those who enrolled. In fact, some analysts say that an ultimate ruling striking down the law will be “unlikely”. Get more details and theories from Employee Benefit News.
6 Trends That Will Impact Health Care Next Year
The health care industry will be borrowing from other industries for customer experience, efficiency and price transparency in 2019. Pushed into action by continually rising health care costs and pressure to do more with less, companies will have to find a way to prioritize efficiency, convenience and cost. Read more from Benefits Pro.
Your Voluntary Health Plan May Lead To A Tragic Result
Nearly 71% of Americans don’t have even close to adequate savings to help them in case of emergency. Emphasizing flashy voluntary benefits like pet insurance, legal plans, and critical illness may not be the most responsible tactic when employees aren’t properly educated about what type of benefits they really need, says United Benefit Advisors. Read more on their blog.
Even Among Insured, Cost Of Illness Can Be Devastating
We’ve all spent time worrying about those who do not have health insurance, but a new study has confirmed that almost half of people with health insurance still have trouble paying their medical bills. The seriously ill face staggering financial hardship that extends to their caregivers as well. Read more from Medical Xpress.
More Part-Time Workers Getting Access to Benefits
All workers are reaping the benefits of the tight labor market, no matter how many hours per week they’re working. Companies are seeing a need to broaden benefit offerings and other workplace perks in order to attract and retain talent, including health care and prescription coverage, paid leave, dental and vision care, and flexible and health savings accounts. Read more from Employee Benefit News.
How Health Policy Could Wobble Forwards
Crushing national debt, rising costs in health care and tuition, and ever-growing student loan debt are huge issues that are pushing political parties to present their solutions with the 2020 election in mind, says Perry Braun, executive director of Benefit Advisors Network. The debate surrounding these issues will focus on financial strategy, and how the social contract with Americans will address financial issues. Read more on ThinkAdvisor.
This Week in PlanSource | Ask the Industry: HR Predictions for 2019
2018 has been a wild ride, and it’s hard to predict the future of such a dynamic and complex industry. With the emergence of new technology in the fields of artificial intelligence, decision support and more, there’s a lot to look forward to. We spoke with HR experts from across the nation on what their top predictions are for the upcoming year.