BIG Opportunity in Senior Care

April 6th, 2018
BIG Opportunity in Senior Care

Don’t miss out on the wave of opportunity in senior care..

Watch this video and reach out to your FILCO broker to learn more about how you can expand your business.

Medicare is a maze — here’s where to get help

March 29th, 2018
Medicare is a maze — here’s where to get help

With my 65th birthday — and eligibility for Medicare — arriving in a few months, my mailbox is full of solicitations for Medicare Supplement and Medicare Advantage Plans. If I accepted all the free lunches and dinners I’ve been offered in exchange for attending these Medicare workshops, I’d be 10 pounds heavier.

Filco March 2018 Newsletter

Group Benefits Industry News

March  2018

A Note from The FILCO Executive Team:

Today, as health care cost are rising, employers are frequently passing these increased cost down to the employees.

Business confidence soaring…2018 Business Leaders Outlook from JPMORGAN

March 9th, 2018

 Well if you had any doubt about the strength of the economy read this...

Middle market executives are overwhelmingly upbeat about the economy and their own companies for the year ahead. Nearly 1,700 executives completed our annual Business Leaders Outlook survey in January, expressing the highest levels of optimism in its eight-year history.

Cigna Agrees to Buy Express Scripts for More Than $50 Billion

March 8th, 2018

And the consolidation continues...

Cigna Agrees to Buy Express Scripts for More Than $50 Billion - WSJ

Health insurer Cigna Corp. CI -10.74% plans to buy Express Scripts Holding Co. ESRX +9.78% in a cash-and-stock deal worth $52 billion, excluding debt, that the companies say will expand their health care offerings and help them control costs.

Departing from the ACA in Idaho by Rick Murray

February 20th, 2018

Keep an eye on Idaho, a hot potato is about to be served!  Blue Cross of Idaho has submitted five plans (their Freedom Blue plans) that they plan on selling in Idaho, that would NOT comply with Obamacare.  What will HHS do?  What will the Trump administration do?  What are all the other ripple effects with ACA fines and filings?  No one knows yet, here’s what we do know;

With Freedom Blue Plans there could be a potential increase in premiums of up to 50% based on the applicant’s family medical history
Freedom Blue Plans will have a $1,000,000 annual benefit limit
With these new plans you could be denied for pre-existing conditions (unless continuous coverage was maintained)
Premiums for these plans are 25% - 50% lower than Obamacare plans
Blue Cross of Idaho will still continue to offer their suite of Obamacare compliant plans separately

We will keep you posted as this unfolds, our thoughts; Obamacare is still the law of the land – until we receive different guidance from HHS or the Trump Administration we recommend that all employers (but ALEs in particular) develop a strategy and implement policies that are compliant with The ACA as written currently.