“These changes are welcomed by employers,” Shandon Fowler, senior director of employer portfolio strategy at benefits administrator Benefitfocus. “Overall, they give employers more flexibility to drive employees to make the best choices for themselves and their families.” Roughly 60 percent of large employers offer an HSA-compatible health plan to workers and half of the employees enrolled … Continue Reading
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How Consumer-Driven Digital Enrollment Has Transformed Health Care Benefits
On Friday, January 20, the 45th President of the United States of America was sworn into office. That same day, he made the opening move in his campaign promise to repeal Obamacare. President Trump’s Executive Order on the Affordable Care Act (ACA) was largely symbolic, but it sent the intended message that he’s serious about ACA … Continue Reading
New York Times: Is High-Deductible Health Insurance Worth the Risk?
And there is widespread evidence that people have trouble understanding the subtleties of any plan. Many people liken the process of open enrollment and picking a plan to the pleasures of a root canal, said Shan Fowler, an executive at Benefitfocus. “The understanding of a P.P.O. versus high deductible is not good at all.” The … Continue Reading
HR Dive: The 2016 benefits trends employers need to know
Shan Fowler, senior director of product strategy at Benefitfocus, noted three trends in particular with benefit technology. Consumer experience and support tools. On the consumer side, these tools are helping drive costs down by helping consumers understand and pick the plans that would fit them best. “There’s been a lot of focus on understanding the … Continue Reading