According to FACTCHECK, per capita health care costs have been rising at just under 3 percent a year over the last four years, but that’s less than half the average annual growth in the preceding eight years. The Centers for Medicare & Medicaid Services calls the effect of the ACA on the slowdown “minimal.” and cites...Read More

It has been three months since my last update and, regrettably, there is insufficient space on this page to provide you with all of the changes and executive orders that have transpired, so I will attempt to provide you with the most material changes and updated information: 11/14/13 “People who have plans that pre-date the...Read More

As we are all acutely aware, the ACA-Affordable Care Act has gone into startup mode but are you prepared and will you be in compliance? We have all heard about the “in excess of 2700 pages” of the HealthCare bill, explaining and detailing the inner-workings of this new program and now we are now expected...Read More

This was a familiar refrain to the doc’s, in Pennsylvania in particular, in the late 80’s and early 90’s, which like so much of history, appears to be repeating itself. Whether due to Obamacare or, perhaps “nobody cares”, the finest healthcare system in the world is changing and, much like the aforementioned, the hospitals are...Read More

Savoy Associates Wendy Ebner, Pres., NJAHU 4 AAA Drive, Suite 205 Hamilton, NJ 08691 Dear Wendy, I am an independent broker working through Savoy Associates, as well as being an RIA and I have specialized in working directly with the independent physicians and State and Local County Medical Societies in New Jersey for the last...Read More

Written by Michael G. Kirwan, ChFC, CLU Published Spring 2012   To our Valued HSA/MSA Clients: We are pleased to inform you of yet another major enhancement to your HSA/MSA Program regarding your ability to make “Tax Deductible” contributions for 2012 and beyond. HSA/MSA Plan participants will be now permitted to contribute up to: 2011*...Read More

As many of you may be aware, the implementation of the Community Living Assistance Services and Supports Program (CLASS) has been suspended, but not the law itself, due to a lack of sustainability This is the controversial Long Term Care Insurance Program created by the Affordable Care Act (ACA), which was intended to provide financing...Read More

With the plethora of unending new legislation arriving daily, coding and electronic reporting issues becoming an impediment to your reimbursements, as well as your practice/business, we now have yet another issue to present, Employer Certification. The carriers have always reserved the right to request an annual certification, which is a detailed census of “all employees”,...Read More

In the nearly 40 years that our practice has been serving the medical community, we have not experienced the kind of rate increases we have just seen through this last year and, regrettably, there doesn’t appear to be any abatement in site. While we are to believe that we will enjoy better benefits at a...Read More

September 23, 2010 will be a significant date for all of us who provide Group Health Insurance plans for ourselves and/or our employees, as the following important provisions take effect: The use of multiple carriers will no longer be an option, as newly enacted legislation requires that the selected carrier will require 75% of all...Read More