We hear this word all the time, “deductible.” Commercials usually shout at us about how low theirs are, or that it vanishes sometimes, but not all deductibles are the same, particularly across different types of insurance. A deductible is the amount you’re required to...
On August 1, 2017, Massachusetts Governor Charlie Baker signed H.3822, which increases the existing Employer Medical Assistance Contribution (EMAC) and imposes an additional fee (EMAC Supplement) on employers with employees covered under MassHealth (Medicaid) or who...
As health care costs continue to rise, employers are always looking at ways to soften the blow of medical expenses. One of the ways to do this is through consumer driven health plans. Some plans allow employees to use these accounts to pay for medical expenses that...
The Department of Labor (DOL) has released 3 model notices as a result of changes under Health Care Reform: Exchange Model Notice for Employers Who Offer a Health Plan to Some or All Employees (must be distributed to current employees no later than October 1, 2013)...
