Small employers who contract with Priority Health for their employee health benefits could pay slightly less for coverage next year.
If a remedy ever comes, The Employers’ Association still wants to offer members an option for employee health coverage.
Health care goes into 2019 facing many of the same issues and trends that have been driving industry change in recent years: the movement to value-based contracting, more use of telemedicine, growing concerns about cybersecurity, and greater price and cost transparency for consumers.
Two trade groups debuted a new association health plan for Michigan small businesses as employers prepare to enter the annual open enrollment period for 2019 health insurance policies.
The association health plan created by two trade groups representing small businesses in Michigan offers a new option for employers to consider for their employee health benefits.
Health insurance premiums for many small employers would dip in 2019 under rate proposals filed with state regulators.
Rates for 2019 individual health insurance policies for Priority Health and Blue Cross Blue Shield of Michigan offer a stark contrast to prior years, as well as national averages for policy rate increases.
Rates that Blue Cross Blue Shield of Michigan charges small businesses for employee health coverage would increase modestly and in some cases decline for policies renewed in the second half of 2018.
Priority Health and Blue Care Network each reported strong bottom lines through the third quarter of 2017, although financial officers at both plans caution their results could retreat by year’s end.
Health insurance rates for small businesses in 2018 stand in sharp contrast to the state of the individual market in Michigan.