Jeff always tries to keep us abreast of the ever-changing healthcare marketplace. As a result of Obamacare, all individual plans now have January start date. Jeff particularly tries to keep his clients informed about plan changes.
Last year Highmark had lowest priced plans; however, due to high claims experience this year, there will be a significant price increase in next year’s premiums. This year, Capital Blue Cross’s rates were higher, and their rates have dropped for last three quarters.
There is a lot of turbulence in the healthcare market, and Jeff anticipates there will be many changes every year until the situation stabilizes.
A good tip for Jeff is a business with 20-30 employees that may want to consider self-insurance.