United Benefit Advisors Insight and Analysis Blog

Employers and Employees Teeter on Healthcare Cost and Coverage Tightrope

Posted by: Elizabeth Kay    Nov 21, 2016 12:08:52 PM

Over the past few years, we have seen the cost of health care steadily increase – a trend supported by the latest data from the 2016 UBA Health Plan Survey. During the recession, employers implemented health plans with higher copays, higher deductibles, or offered multiple plans with a variety of deductibles and pushed the cost of the lower deductible plans onto employees in an attempt to keep their costs for offering coverage at the same rate or less.

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Topics: consumer-driven health plan, Elizabeth Kay, UBA Health Plan Survey, health care cost, benefits cost control, group medical benefits

Frequently Asked Questions about the Transitional Reinsurance Fee (TRF)

Posted by: Danielle Capilla    Nov 16, 2016 10:30:00 AM

The transitional reinsurance fee (TRF) applies to fully insured and self-funded major medical plans for 2014, 2015, and 2016. The purpose of the fee is to provide funds to help stabilize premiums in the individual insurance market in view of uncertainty about how the Patient Protection and Affordable Care Act (ACA) would affect claims experience. While insurers are responsible for reporting and paying the fee on the policies they issue, the fee will generally be passed on to the employer. Plan sponsors of self-funded plans (or their representatives) must report and pay the fee to the federal government at www.pay.gov. Below are the answers to the top five most common questions about the TRF.

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Topics: ACA, PPACA, TRF, Transitional Reinsurance Fee, Danielle Capilla, ACA fees, group medical benefits