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Bene-Care Benefits Blog
Current Events
Bene-Care makes the 2011 Rochester
2012 Regulation Will Require Health Plan Summaries
In late August, the Department of Labor and the Department of Health and Human Services (HHS) proposed rules for a "uniform summary of coverage" that will be required under the Patient Protection and Affordable Care Act (PPACA). The proposed regulations will require health insurers and group health plans (including grandfathered plans) to provide consumers with clear, consistent and comparable information about their health plan benefits and coverage beginning in 2012.
Tags: Untagged Read More2012 Insurance Rate Filing
As many of you are aware, the insurance carriers in our region have filed their 2012 rate changes with the New York Insurance Department last week.
On June 8, 2010, New York State enacted a new law known as the “Prior Approval” law. This legislation gave the New York State Insurance Department the authority to review and approve health insurance premium rate increases before any changes take effect. Previously, New York had regulated health insurance premiums under a “file and use” law, which allowed insurers to increase premium rates with little, if any, control or oversight from the Insurance Department.
Tags: Untagged Read MoreIRS announces new HSA limits for 2012
The IRS recently released the 2012 cost-of-living adjustments affecting the limitations on health savings accounts. The HSA contribution limits and High Deductible Health Plan maximums will increase slightly, while the minimum required deductibles will remain unchanged.
Tags: Untagged Read MoreNew Bene-Care HSA Solution
Bene-Care is pleased to introduce a new online banking service dedicated to Health Savings Accounts (insured by the FDIC) in an effort to better support our clients as they continue to transition into consumer directed plans. We offer tools to help you and your employees manage their Health Savings Account, educational materials to help you make informed decisions, as well as financial calculators to maximize your savings. We also offer various banking services to ensure easy access to your money, convenient funding options, as well as an educated customer service staff who strives to meet all your needs within a timely fashion.
Tags: Untagged Read More2011 Rate Release / Renewals
Employers should have received their renewal information for the 2011 plan year from their respective insurance providers over the last week. Under the new NYS guidelines the insurance carriers are required to provide rate notifications to employer groups 60 days prior to the rate increase.
Tags: Untagged Read More
Health Care Reform Update
Bene-Care Agency Health Care Reform - Printable Update
With recent passages of the Patient Protection & Affordable Care Act and the Health Care & Education Reconciliation Act, the United States has collectively entered into new, uncharted territory as it relates to our health care system. Only a few of the bills’ initiatives will be implemented in 2010 as much of the legislation will be phased-in during the next three to four years. This correspondence is intended to update our clients on the major aspects of the bills as well as set some time parameters for future implementation of the legislation.
Tags: Untagged Read MoreChildren's Health Insurance Program Reauthorization Act
Click here for a printable version of this important notice.
As your benefits advocate, Bene-Care is prepared to educate you on the government's ever-changing regulatory mandates and provide the tools necessary to ensure your compliance.
In 2009 the Children's Health Insurance Program Reauthorization Act (CHIPRA) reauthorized the Children's Health Insurance Program (CHIP). This program preserves the financial assistance to provide coverage for millions of low-income, uninsured children, and pregnant women.
Tags: Untagged Read MoreNational health care debate and potential changes
We realize our country’s insurance marketplace is in the midst of widespread potential changes. As a trusted advocate since 1973, we promise to keep our clients informed of all concrete changes when they become fully implemented at the state and federal level.
Tags: Untagged Read MoreDependent to 30 coverage
On July 29, 2009, Governor David A. Paterson signed into law Chapter 240 of the Laws of 2009 (click for bill text), which extends the availability of health insurance coverage to young adults through the age of 29. This law is sometimes referred to as the “Age 29” law, because it permits young adults to continue or obtain coverage under a parent’s policy through the age of 29. A list of frequently asked questions can be found on the NY State Insurance Department website.
Tags: Untagged Read MoreBene-Care Expands as Health Care Reform Heats Up
An insurance broker specializing in health care coverage for upstate New York businesses is re-investing in Monroe County. A new office space on Creek Street in Webster accommodates the needs of a growing staff at Bene-Care...
Click here to read more (YNN Rochester link).
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