
Employer size and wages affect health coverage
Wednesday, July 18, 2007
The Connecticut Legislature has – for the most part – completed its business with the conclusion of the Special Session on Thursday, June 28, 2007. The Legislature completed its regular business on June 6, 2007, and found it necessary to have a special session in order to adopt a budget and tax package and bills to implement the budget.
During the regular session, the Legislature adopted a major health care reform bill, SB 1484 (Public Act 07-185) an act concerning the HealthFirst Connecticut and Health Kids Initiative. This bill is a combination of the Speaker of the House and the Senate President’s health care initiatives. The bill contains several initiatives including:
During the Special Session, the Legislature passed a few changes to SB 1484 including:
The Legislature also passed several other pieces of legislation during the regular session, including:
While the Legislature did pass several health care initiatives, they didn’t pass some of the more controversial proposals that were considered even as late as the last day of session. Some of those proposals were creation of a single payor system in Connecticut; and a mandate on all towns to purchase insurance for their employees through a state administered purchase pool.
The Connecticut Legislature may go back into session again over the summer, but it will be primarily to take up a bonding and transportation package.
HMO Average Rate Hike for 2008-- 10.7%
Friday, June 29, 2007
HMO's in the northeast are proposing premium increases averaging 10.7% for new business and plan renewals in 2008, according to a new survey released yesterday by Hewitt Associates.
The 10.7% reflects premium quotes for 160 large employers representing more than 1 million employees. Of course, this doesn't mean that they will pay that increase, as many are introducing Health Savings Accounts (HSA's) to their employees as a lower premium option. Others plan to increase co-pays and deductibles to their workers.
This increase compares to premium increase for 2005 and 2006 averaging 14.6% and 15.8% respectively. And these increases for 2008 only reflect HMO plans, not PPO and POS plans.
You can read the entire article at Hewitt Associates.
| CT 2007 Legislative Update on health coverage rules |
| HMO Average Rate Hike for 2008-- 10.7% |
| When to notify employees of benefit changes |
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When notifying employees about benefit reductions by mail
September 14, 2007
From the Kiplinger Letter
Be sure to keep a solid paper trail and be able to prove that you sent the notices. Otherwise, it could hit you in the pocketbook as a firm recently found when an appeals court upheld a worker’s lawsuit. The firm had changed its plan by eliminating health insurance for workers after they became disabled and were terminated. The employee claimed that the change wasn’t valid because he was never notified. The firm couldn’t prove it mailed the notices, and the court ruled for the worker.