News

Many U.S. Cities Lack Health Insurance Competition

October 24th, 2017

MONDAY, Oct. 23, 2017 (HealthDay News) -- A single company dominates the health insurance market in many U.S. cities -- and that dangerous trend is increasing, according to a new American Medical Association (AMA) report.

Analyzing 2016 data, researchers found that in 43 percent of 389 cities, just one health insurer had at least a 50 percent share of the market.

Mitch McConnell said he’s waiting to hear if President Trump will support a proposed bipartisan healthcare fix before bringing the measure up for a vote.

October 23rd, 2017

Senate Majority Leader Mitch McConnell said he's waiting to hear if President Trump will support a proposed bipartisan healthcare fix before bringing the measure up for a vote.

The plan to fix parts of the Affordable Care Act and stabilize health insurance markets is backed by 12 Republican and 48 Democratic senators.

The CEO’s Guide To Restoring The American Dream

October 23rd, 2017

For a preview of David Chase's new book on Restoring the American Dream through Healthcare watch him speak at TED talks here

Below is the forward written by Brian Klepper followed by the full book attached if you care to read about David's analysis on bringing efficient Healthcare to America.

Anthem Joins With CVS to Start Its Own Pharmacy Business

October 20th, 2017

Could this be the continuation of a shift in RX? Note that we've highlighted a possible new entrant with $20 Billion dollars of cash on hand in the story below.

Anthem, one of the nation’s major health insurance companies, said on Wednesday that it planned to start its own business to manage prescription drug plans by partnering with CVS Health, the large pharmacy benefit manager and drugstore chain.

NAHU Washington Update 10/20/17

October 20th, 2017

Our friends over at NAHU have some important updates for you with the news cycle heating up in Washington.

Stay tuned and consider joining your local chapter at NAHU  (((Consider that your career is in the hands of Congress)))

NAHU-supported market stability legislation was introduced with bipartisan support from 24 senators to provide funding for the ACA's cost sharing reduction program, provide additional state flexibility through waivers, and other provisions.

ERISA Self Compliance Tool

October 20th, 2017

ERISA self compliance tool

Have a group with concerns about compliance with ERISA obligations. Have them use this link to assess their business and keep the DOL from knocking on the door.

Filco October 2017 Newsletter

http://myemail.constantcontact.com/October-2017-Industry-News.html?soid=1105091298108&aid=zrCFgjciUms

Group Benefits Industry News

October 2017

A Note from The FILCO Executive Team:

It's that time of the year again!  The 4th quarter is when carriers are releasing their new plans, rates, benefit changes, commission and broker bonus program for 2018.  We understand how important this information is to the success of your benefits business, therefore we have been meeting with all of the carriers over the past month to learn about their plans for 2018 so we can advise our broker partners.

Bernie Sanders: Why Medicare-for-All Is Good for Business

August 21st, 2017
Bernie Sanders: Why Medicare-for-All Is Good for Business

Despite major improvements made by the Affordable Care Act (ACA), our health care system remains in crisis. Today, we have the most expensive, inefficient, and bureaucratic health care system in the world. We spend almost $10,000 per capita each year on healthcare, while the Canadians spend $4,644, the Germans $5,551, the French $4,600, and the British $4,192. Meanwhile, our life expectancy is lower than most other industrialized countries and our infant mortality rates are much higher.