Unlocking the Potential of Health Savings Accounts
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS Published: January 2021 Cobb Business Journal As employers and individuals alike have attempted to maintain reasonably affordable health insurance coverage in the face of ever increasing health insurance premiums, it will come as a surprise to no one that deductibles and out-of-pocket maximum exposure have […]
Covid-19: Understanding Screening and Testing
Creating a safe work environment is extremely important for employers, now more than ever, to ensure employees are staying healthy and protecting their co-workers as they return to the workplace.
Five Major Trends with Life Insurance for 2021 and Beyond
The future of life insurance will be different than in the past. Over the past 30+ years, we have been in a declining interest rate environment. This means that new money pouring into the insurance companies to be invested has generally earned a lower rate than prior new money that was invested earlier when rates for conservative investments were higher.
The ACA Has Another Day in the Supreme Court
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS Published: December 2020 Cobb Business Journal The Affordable Care Act (ACA), originally signed into law on March 23, 2010, finds itself once again in front of the United States Supreme Court. This time, the issue at question is whether the entire law should fall because […]
Medical & Dental Insurance Carrier Integration – An Emerging Trend
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS Published: November 2020 Cobb Business Journal Historically, employers who made a decision to integrate their medical and dental plans with a single insurance carrier came to that decision largely on the basis of desiring administrative convenience or packaging discounts. While strong arguments still exist for […]
A Healthcare Tale of Two Cities
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS As Open Enrollment season continues, millions of Americans are considering their health insurance options for 2018. As has been long predicted, a health care tale of two cities is beginning to emerge in which those with employer-based coverage have solid (albeit expensive) coverage options with […]
Calibrating Employee Premiums to Ensure Affordable Care Act Compliance
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS Published: October 2021 Cobb Business Journal When the compliance aspects of the Affordable Care Act (ACA) became enforceable in 2014, most large employers subject to the ACA’s Employer Shared Responsibility provisions were keen to ensure that the benefit plans they offered to employees met the […]
Long Term Care: You Have Options
BY LAURA BOTTOMS HIGGINBOTHAMVICE PRESIDENT, INSURANCE SERVICES If you’re like me, you may have noticed an increase in construction of senior living facilities lately. This does not surprise me as it is common knowledge that we have an aging population who is living longer thanks to modern medicine. Therefore, the need for additional senior care […]
Small Group Health Plans Go “Level Funded”
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS As premiums for fully-insured small group medical coverage continue to increase due to the Affordable Care Act’s community rating rules, small business owners looking for competitively priced alternative approaches to health care coverage owe it to themselves to explore “level funded plans” based on a […]
Health Insurance Exchange Trends
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS With the American Healthcare Act (AHCA) continuing to slog its way through Congress and the Affordable Care Act (ACA) still the law of the land, Americans are looking toward the Fall open enrollment season with a mixture of dread and confusion. The good news that […]
