United Benefit Advisors News and Press Releases

Increased prescription drug costs for employees with 5- and 6-tier plans; increased out-of-network deductibles and out-of-pocket maximums, especially for singles; self-funding on the rise

Employers see opportunity to drive HSA enrollment despite making modest contributions to plans

United Benefit Advisors, the nation’s leading independent employee benefits advisory organization, finds that employers continue to seek health care cost savings through consumer-driven health plans (CDHPs) with health savings accounts (HSAs), and the less popular health reimbursement arrangements (HRAs). In a new Special Report: How Health Savings Accounts Measure Up, UBA takes a deeper look into which aspects of these accounts are most successful, and least successful, broken down by industry, employer size, and region.

HR professionals and business attendees will learn about the key concepts of stop loss coverage, specific policy points to be aware of, and what to look for in a stop loss partner.

Stop loss coverage is a key element to self-funded benefits plans, offering important protection against high-dollar claims. These policies contain complex and binding language, making it essential that you choose the right stop loss partner and understand the parameters of the agreement you are entering.