Displaying items tagged: Lakeshore Employee Benefits
Medical claims trends, prescription drug costs drive higher insurance rate proposals
Driven by higher medical claims trends, insurance rates for small business and individual health policies would increase significantly in 2022 compared to recent years under rate proposals before state regulators.
HMO group lays groundwork for medical claims data legislation
As reports continue to rank Michigan as one of the least competitive markets in the nation, the statewide trade group representing HMOs wants to ensure that insurance carriers are able to pursue business when employers bid out employee health coverage.
Health Alliance Plan’s West Michigan entry part of broader strategic growth
Health Alliance Plan’s entry into the West Michigan market comes amid a broader strategic push to grow and become a larger statewide player for employee health benefits.
Panel: Employers reluctant to change health policies during pandemic
Even with the economic downturn, uncertainty and high unemployment resulting from the COVID-19 pandemic, employers still need to look strategically at employee health care benefits to retain and attract talent.
HAP looks to enter West Michigan for health coverage
Forming a Medicare Advantage plan with Mercy Health gives Health Alliance Plan of Michigan a position in West Michigan that will lead to the company offering commercial health coverage in the market, MiBiz has learned.
As high-deductible health plans gain steam, more employers demand cost shopping tools
A few years back, employers seldom asked about what they could do to make their employees better shoppers for health care.
TranscendAHP helps Michigan small businesses access large group policies
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.
Cost should take center stage in health care debate, executives say
Federal lawmakers need to focus on what’s driving health care costs in America that in turn contributes to the rising cost of health coverage.
Analysis finds escalating specialty drug costs more than offset savings from generics
The heightened use of cheaper generic drugs has not been enough to stem the rising costs of prescription medication for Americans.
New law allows small businesses to offer tax-free stipend for health coverage
Federal legislation enacted just before former President Barack Obama left office offers small employers a new option to consider for employee health benefits.
Health coverage costs continue to edge higher for Michigan companies
Small businesses across West Michigan can generally expect to pay moderately more for employee health coverage next year.
High cost or high value? Specialty drugs add to employer health care bill
In 2015, Blue Care Network spent $55.4 million for just 712 members who each took a specialized drug to treat Hepatitis C.