On July 9, 2021, President Joe Biden issued an executive order to promote competition in the American economy. As stated by the accompanying fact sheet, the order’s objectives include reducing the trend of corporate consolidation, increasing competition and delivering concrete benefits to America’s consumers, workers, farmers and small businesses.
On May 10, 2021, the IRS released Revenue Procedure 2021-25 to provide the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2022. The IRS is required to publish these limits by June 1 of each year.
Increasing Access to Care Through a Special Enrollment Period
Florida Blue has announced two offerings for their fully-insured groups: Buy-down Option: Employers on non-grandfathered/grandmothered plans may offer a new lower cost plan to their
“Florida Blue announced in a May 12 press release that they are increasing financial support for members during the COVID-19 health crisis, including:
UnitedHealth Group will provide more than $1.5 billion in initial assistance, including customer premium credits, to its UnitedHealthcare customers as many people have been unable to access routine or planned care due to the COVID-19 pandemic. Consequently, UnitedHealthcare has seen a lower volume of medical care being delivered than was anticipated when pricing was initially established.
Welcome to Better You Strides, an online wellness and rewards program that uses your needs, goals and interests to build your custom-made plan to better health.
Feeling good about yourself and taking care of your health has never been easier! With Better You Strides, our online wellness and rewards program, you can discover the fun of building healthy habits through interactive activities, videos and quizzes.
We’ve extended the time you have to pay your premium for individual members and groups. So even if your payment becomes past due or is already late, you’ll have additional time to make payments, at least through May 31 unable to pay premiums as a result of the COVID-19 health crisis that would otherwise have been subject to termination of coverage.
Centers for Medicare & Medicaid Services (CMS) recently released a bulletin that will extend their policy in which CMS will not take enforcement action against certain non-grandfathered health insurance coverage. These plans are often considered “grandmothered” plans.