Major Companies Band Together to Control Health Care Costs

Twenty of the nation’s largest corporations have formed a coalition to create a more cost-efficient way of delivering health benefits to their employees. The Health Transformation Alliance (HTA), an initiative conceived by the American Health Policy Institute, wants to open the health care black box by increasing transparency of health care costs. The Institute...

Highmark Health Shifts to Narrow Network Plans Due to ObamaCare Costs

According to a Sept. 3 report by Anna Wilde Mathews of the Wall Street Journal, Pittsburgh-based Highmark Health announced it will cut back its range of plans offered through the ObamaCare marketplaces. The nonprofit company currently covers around 380,000 marketplace enrollees in Pennsylvania, Delaware, and West Virginia. During the first six months of 2015,...

Sorry Mr. Trump, Canadian Health Care is Not Working

As is often the case in U.S. politics—though normally on the Democratic side of the aisle—Canada’s health care system was raised as a functioning alternative to the American model. Specifically, GOP front-runner Donald Trump described Canada’s health care system as working just fine. The facts are markedly different from Mr. Trump’s description. Canada suffers...

Small Businesses Threatened With $36,500 IRS Fines For Helping Employees With Health Costs

Small businesses that reimburse employees for the cost of premiums for individual health insurance policies or pay their health costs directly will be fined up to $36,500 a year per employee under a new Internal Revenue Service regulation that takes effect July 1, 2015. According to the notice, an employer arrangement that reimburses or...