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Employers Have To Link The Programs Of The Insurance Discounts. Large Companies Try To Keep Insurance Benefits

Author: defadmin 15-03-2013, 17:44

As the Insurance Journal reported:
The following situation was tracked by the independent researchers at St. Louis hospital. They’ve been checking the hospital’s system for two years. And many interesting facts were found out. The number of hospitalizations among the employers and the members of their families increased.


Not so long ago state wellness programes provided new possibilities for the working population such as gym memberships and cash rewards for participating in a health assessment that are focused on fighting bad habits. President’s new healthcare law allows employers to expand rewards and penalties.
 

The immediate payback in terms of cost is probably not going to be there,
as the economist Gautam Gowrisankaran of the University of Arizona said. 


The risk of the new changes also means other benefits not directly measured in the study.
 

It’s definitely true that there is a downside. You are going to be charging people different rates based on their wellness behavior, and that could limit their ability to buy health insurance,
as Gowrisankaran noticed. 


Some of the new law positions forbid the insurers from charging more if you get sick. Though wellness incentives can mean you’ll be penalized for the questionable choices that might get you sick.

A lot of employers think it’s the right thing to do and they’re not so much interested in measuring,
as Gary Claxton of the Kaiser Family Foundation supposed.


As the Insurance Journal reported:
The statistics showed that only 26 percent of the large companies are confident that they will offer insurance benefits for their workers for the next 10 years. As the matter of fact a lot of people have got their healthcare policies thanks to the their employers. The rest of the population are involved into government Medicare and Medicaid programs.
 

There will definitely be employers who will be looking to move certain segments of their workforce towards the public exchanges and those segments could be early retirees and they could be part-timers working under 30 hours,
as the senior consultant at Towers Watson Randall Abbott said.

by Vladimir Dmitriev