Zinser Benefit Service - Small Business Insurance
Individual Insurance, Group Insurance and Employee Benefits, small business insurance
November is Diabetes Awareness Month. Â This is a cause that we personally have a stake in because my father in law had diabetes. Â Our family participates in the Louisville ADA walk each year. Â I’m also proud to say that my wife’s family is the number one fund-raising family and friends team. Â They’ve been number one now for I’d say at least the last six years.
Here’s your newsletter
With businesses winding down for the 2011 calender year, this tax credit calculation tool will come in handy to the many small business customers that health insurance companies have. Â This link is from United Health Care and goes over the small business tax credit.
Certain small businesses that offer health benefits are now eligible for health care tax credits. These vary depending on the tax-exempt status of the organization and employer contribution toward health benefits.
Here is a recent article about the rate review process that was started on September 1st of this year. Â HHS released a statement stating how this rate review process has helped keep premiums down. Â However, an industry trade group, America’s Health Insurance Plans (AHIP) states that the rate reviews focus too much on rate increases and not enough on the real issue, rising cost of doing business in the medical industry.
As of the writing of this article, there appears to be at least 8 states this year who have won in getting health insurance companies that were asking for double digit increases to lower their renewals. Â Kentucky is not one of these states.
There appears to be some validity to HHS promoting the success of these rate reviews. Â This article doesn’t go into why or how the states that have succeeded in getting double digit rate increases overturned, just that there are more states getting grants from the federal government to assist in these rate reviews.
http://aishealth.com//archive/nhpw092611-04
At the end of this post you will find a newsletter that United Health Care has put together about Immunizations. I found this very helpful because there is an awful lot of information out there about vaccinations, and how some are harmful while others aren’t. Hopefully this will shed some light on this subject.
One of the driving factors for the increase of medical insurance premiums is the cost of prescription drugs. There is a prescription for everything. Twenty years ago, we weren’t walking into our doctor’s office asking for a prescription by name. Today we know the names of the prescription we want to take, and we ask our doctor WHY we’re not already on that prescription. If we can use generic drugs whenever the opportunity presents itself, [Read more…] about Brand Name Drugs vs. Generic Drugs