Posts
By Sarah Johnson If you were in need of hip replacement, would you be willing to receive $8,000 to undergo the operation in a high quality international hospital? Not to mention the $2,200 out of pocket that you kept by avoiding a co-pay and a deductible. This question almost sounds ludicrous in a world of…
Read MoreHaving a baby is a dramatic life experience. The 9 months of pain and fatigue, which cumulates during labor and delivery, are all forgotten instantly when the sound of a healthy newborn fills the air. For many families the magic of enjoying their baby disappears as medical bills mount. For one Utah family, the decision…
Read MoreYour company has insurance. So what’s the purpose of having medical management that works with your medical benefits plan? Take our quiz to learn more about Medical Management and how it saves companies big. True or False: Having a medical management company work behind the scenes on your behalf costs less than working with an insurance…
Read MoreBy Sarah Johnson Consumers are smart and savvy, especially when making big outlays such as a car, or a home. They take time to research the product they want, and identify which perks are necessary. They take into account their budget, and what their monthly payment will be once their purchase has materialized. Then they…
Read MoreThere are many ways that transparency pricing brings down medical costs for patients, as well as insurance companies. The three we are going to delve into here include; MBA’s OpenSolutions™ Platform, invoice auditing and reference pricing. OpenSolutions™ Platform MBA Benefit Administrators helps companies save hundreds of thousands of dollars in expenditures annually by taking a…
Read MoreThe Obama Administration unexpectedly announced a one-year delay in the employer mandate of the Affordable Care Act (ACA). The employer mandate says businesses with 50 or more full-time employees must provide health insurance or pay fines starting at $2,000 per employee starting in 2015. There will be no fines for employees already covered. The employer…
Read MoreLegally married same-sex couples in the U.S. are now considered families and can enroll their spouses in federal health benefit plans. The Supreme Court overturned Section 3 of the Defense of Marriage Act, citing equal protection principles. Now, if gay and lesbian spouses get married in the District of Columbia or any of the 12…
Read MoreThe Affordable Care Act will require most Americans to have health coverage by January of 2014. Each state has their own unique health insurance exchange, which is an online portal where insurance plans can be reviewed and purchased which are in compliance with the new federal mandates. In Utah, Governor Gary Herbert just received approval…
Read MoreUnder the Affordable Care Act, employers are required to give their employees information about their health care options. Beginning October 1, 2013 employers are required to give out the information provided in this notice to all existing employees, as well as all future employees at the time they are hired. Employers must provide a notice…
Read MoreDoes your company have at least 50 full-time equivalent employees? If so, providing health coverage is a new requirement beginning in 2014 according to the Affordable Care Act, otherwise known as Obama Care. Wading through the information about the ACA can seem like a daunting task. MBA is a Third Party Administrator who helps guide…
Read More