The Centers for Disease Control (CDC) has issued important information regarding the Coronavirus (COVID-19). The respiratory virus was first identified in 2019 and is has spread quickly across the globe. According to the CDC, some people are at higher risk of getting very sick from this illness. This includes: Older adults People who have serious […]
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What Is the Walgreens Prescription Savings The Walgreens Prescription Savings Club offers discounts on 8,000 brand-name and generic drugs along with other healthcare products and services. An individual can sign up for $20 a year and a family for $35 a year. The program is not health insurance, but it can save you money on […]
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If your company offered an Employee Welfare Plan that was Self Funded Plan, A Minimal Essential Plan (MEC), Level funded and or if your company is deemed an Applicable Large Employer (50 or more employees), this information applies to you. Since the passage of the Affordable Care Act (ACA / Obamacare), employers are required to […]
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2020 No Contribution/No Participation Option Period Is Open; Applies to: Small Groups (1-50 employees) Deadline: Dec. 16, 2019 From Nov. 1 through Dec. 15, 2019, small groups purchasing ACA/Metallic plans can opt to waive participation and contribution requirements. The No Contribution/No Participation Option is available to new groups: Applying for coverage during the annual open […]
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How to help employees take control of their healthcare during open enrollment By Shobin Uralil Open enrollment season is here, and while your HR team has spent weeks preparing, many people would rather go to the DMV than review the details of healthcare plans. According to new research by Unum, a benefits provider and insurance company, 75% […]
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2020 No Contribution/No Participation Option Period Is Open; Applies to: Small Groups (1-50 employees) Deadline: Dec. 16, 2019 From Nov. 1 through Dec. 15, 2019, small groups purchasing ACA/Metallic plans can opt to waive participation and contribution requirements. The No Contribution/No Participation Option is available to new groups: Applying for coverage during the annual open […]
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The Houston Business Journal (HBJ) recently awarded ABM Insurance & Benefit Services Inc. as one of “Houston’s Best Places to work” for 2019. The HBJ conducts surveys every year, surveying employees, vendors and clients. Surveys are ranked on a scale of 1 to 100. We were pleased to award ABM Insurance & Benefit Services, […]
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With so many options available, selecting the appropriate Part D (prescription plan) can be a daunting task. Which plan is best for you and how can you make sure you select a plan that will provide you the best value – lost cost. If you are eligible for Medicare and enrolling in a Part D […]
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A how-to guide for reference-based pricing By Caroline Hroncich October 22, 2019, 3:49 p.m. EDTEmployers and advisers alike have been buzzing about about reference-based pricing (RBP) — a relatively new method for managing health costs set outside traditional insurance carriers.While a small number of employers have implemented RBP, it has helped some companies save money. For […]
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