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When Robert Payne, 61, needed back surgery last year, he said he wasn't worried about how to pay for it. Payne, a self-employed architect in Richmond, pulled $5,500 -- the amount of his health insurance deductible for such procedures -- from a savings account he uses exclusively for medical expenses. His insurance covered the rest.
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As a new enrollment period gears up, employers are bracing for how much it is going to cost to cover their workers&#39; health. Although insurance premiums are expected to rise at a slower rate than
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NEW YORK -- People with employer-sponsored health coverage choose to enroll in traditional plans over consumer directed products, which have been touted as a way to lower health care costs, according to a survey released Friday.
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Employers' health premiums rose 11.2 percent this year, according to a benchmark study released yesterday that reinforces voter concerns about the US healthcare system.
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As of July 1, Massachusetts residents are required to buy health insurance, and many businesses must offer health insurance or pay a penalty. Globe reporter Jeffrey Krasner recently spoke with Jon Kingsdale , executive director of the Commonwealth Health Insurance Connector Authority, about the implementation of healthcare reform and how businesses are responding to the challenge.
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Retirees who receive health benefits from their former employers saw premiums shoot up an average of 25 percent this year, a new study says.
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Independent Health has added options and adjusted rates for 2005 in Encompass 65, a group of Medicare managed care plans. The health plan has introduced a no monthly premium plan that includes office visits
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Jump in the expense of firm-based benefits on per-employee basis is lowest since 1999. By Jeff Swiatek. The cost of health care benefits slowed for a second consecutive year in 2004 in part because employees
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THE REGION Blue Cross and Blue Shield of Massachusetts plans to lower or keep steady premiums for senior citizens enrolled in two health plans designed to bridge the gap between Medicare and the cost of medical care. The insurer aims to drop the monthly premium for Medex Core by 8 percent next year to $77.36 and essentially keep flat the ...
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So what do Americans want when it comes to health care? Two things, according to a citizens group created by Congress: protection for all from high medical expenses and guaranteed coverage for specific checkups and treatments.
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BOSTON -- The average uninsured Massachusetts resident could obtain health care coverage for as little as $175 a month under the state's insurance law, less than half of earlier estimates, officials said Saturday.
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Good benefit management can mean more for your family.
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Health-insurance premiums are up by double digits for the fourth straight year. And Chuck Mott, like millions of other small-business
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Even with Medicare, you'll end up paying nearly half of your health-care expenses, so if you don't have retiree coverage from your employer, you may want supplemental insurance. Make sure you have what you need.
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The fall can be an anxious time for employees, as companies hold their annual open enrollment periods and invite workers to choose benefits from a complex range of health insurance, disability coverage, and retirement savings alternatives.