Do you feel more like a compliance officer and less like a benefits broker? The new 1094-C/1095-C reporting requirements have put a strain on both employers and brokers, but they are also creating opportunity.
Will health insurance be sold across state lines? Will the ACA be repealed or altered? James Klein, head of the American Benefits Council, explains the probable impact of a Republican or Democratic victory in November.
Imagine this. You’re a self-insured employer with 500 former employers enrolled in COBRA. With average claim costs of $10,589 per person, you have a $5.3 million expense on your balance sheet. That’s right—$5.3 million, for people that don’t even work for you. This isn’t a hypothetical. One employer I met with had this exact scenario. The amount of COBRA costs often ignored by employers can be staggering. Read this white paper to find out why employers need a COBRA alternative.