Posts Tagged ‘Health’

3 Ways to Decrease the Cost of Health Insurance

Sunday, November 7th, 2010

Sure, it’s great to have health insurance coverage, but does it have to cost so much? This is probably something we have all thought of at one time or another – especially families and business owners. While our disposable income seems to decrease annually, the cost of health insurance is rising. So, how do you cut back on health insurance costs without eroding their level of care?

Consider Group Coverage

If you have an individual plan (just you or your family), then you are probably paying more than you have to by not taking advantage of group plan coverage. It costs an insurance company less to have a group of people under a plan than to administer and provide coverage for each person separately.

There are many organizations that have group plans that you can join, such as the National Association of the Self Employed. Small business owners with employees can benefit by looking into alliance pools, where a group of organizations act together to purchase insurance. In many cases, these plans are headed up by the local chamber of commerce.

You can also look into any associations or memberships you may have. These organizations often have a connection for health insurance. Examples are labor unions, trade groups, alumni associations and lodges. Even if the savings are minimal, you may get better coverage instead.

Reduce Coverage

Perhaps your financial or health situation has changed. This is a good time to re-evaluate your coverage. Are your kids out of the house? Do you travel out of the country frequently? Perhaps you don’t need as much coverage as you needed in the past. You might have chosen your plan a few years ago and now realize that you might have too much coverage for your needs. Regardless, you can save by cutting back on your coverage.

Many plans include extra bells and whistles that you may not need – such as an allowance for alternative medicine or eye glasses. If you don’t need these items covered, you might not want to pay for them every month. Consider a plan with fewer options but that still has adequate coverage for what you really need.

Increase your Deductible or Co-Payments

If you rarely end up in the hospital, you are paying higher premiums for a lower deductible. Just as in reducing coverage, you can save by going for a plan with higher deductibles or choosing higher co-payments (the pay-per-use cost).

One area where you can save is with prescriptions. If you have many regular prescriptions, this may not be a good option. However, if you are in generally good health, you should choose a plan where you pay a higher rate for prescriptions. Your premiums will be lower and you can put the money you save aside for other emergencies.

However, there’s another point to be made here. If you won’t be able to afford the deductible when it is necessary, it may not be a good idea to save monthly on premiums – as you will end up in financial straits should you require medical care. There are other options (such as Health Savings Accounts) which put a portion of your premium away each month in a tax-deferred account. Policy holders can use the extra cash to pay for unexpected medical costs. This may be a safer way to go.

BIO: This post was written by Jodi Smith of HealthInsuranceQuotes.org.com. This site provides the resources you need to compare top health insurance quotes online.

Health & Fitness: Fitness tips for women

Monday, October 25th, 2010

Fitness tips for womenThere are many organization and companies who have introduced various programs and fitness tips for women. In current scenario, health and fitness plays important role in everyone’s life. So, it is important to maintain yourself as far as physical body is concerned. Here are few fitness tips for women:

Fitness program – Always follow a fitness program according to your body weight and capacity. You can follow the same fitness regime which is being followed by your friends because every human body is unique and needs different program.

Goals – It is advisable to work towards the realistic goal instead of big one. It will help you to motivate yourself at time of workout.

Exercises – Exercise is a physical activity and can be done anywhere. It doesn’t mean that a proper gym is necessary for exercise; you can participate in any physical activity like jogging, cycling, yoga, dancing, swimming etc.

Boredom – Boredom can happen if you follow the same routine everyday. Make sure that you do any physical activity after one or tow day.

In order to achieve good fitness, you have to be quiet mentally strong. Be punctual and follow the rules of exercise without any problem.

Health Promotion : Financial Health Promotion and EAP’s.

Monday, October 25th, 2010

Do you know the fastest-growing reason for EAP use since 2003?  

It isn’t for substance abuse or depression. Actually, it’s financial in nature. Over the last five years, there’s been a announced 69 percent jump in employee EAP use related to personal financial concerns.

The trend is not all that surprising in this era of salary freezes, high deductibles and cost-sharing of benefits premiums.

Statistics show that, for the first time since the Great Depression, the average American has negative savings – in other words, debt exceeds income – in a average month.

A lot of staff members are racking up high credit card debt, make the problem worse.

Troubling trends

Here are some ominous numbers from a recent worker survey –

• 27% of respondents said they were “one major setback away from financial disaster”

• 22 percent say they were “worse off than last year, with less take-home income and more debt”

• 40 percent say their corporation is “insensitive to their employees’ financial needs,” and

• only 6 percent said they felt comfortable with their current financial situation and ability to manage their debts.

The majority of personal-finance related employee assistance program use arises from concerns over debt management, household refinancing and/or failed investments.

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Health Promotion : The Danger of Employee Camera Phones.

Sunday, October 24th, 2010

Permitting employees to bring camera phones to work can carry hidden legal risks.  

But should you tackle this issue aggressively or trust your staff members to do the right thing?  Every employer wants to create an environment where staff members feel trusted by management. But there’s also the need to stay protected legally, and it isn’t always easy to balance the two.

The cell phone issue is in particular delicate since most employees carry them nowadays, and improper use at work is a non-issue for the vast majority. But there are always several bad apples in every bunch.

Growing number of complaints

There has been an explosion of lawsuits – and complaints to management – about workers taking inappropriate photos at work with their cell phone cameras.

Most cases revolve around embarassing or expliclit photos of coworkers (sometimes but not always posted on the Internet or e-mailed to others in the office). However, a handful of lawsuits have arisen from staff members taking photos of confidential documents or other internal information.

As most benefits and HR veterans would tell you, the most valuable benefit an organization can offer its workers is a workplace where they feel trusted and valued. In contrast, it only takes one “joke” gone too far to stir up a hornet’s nest of trouble.  And no firm is immune from this risk.

Three options

One step every company ought to take is circulating a memo or having a face-to-face meeting with staff members about the need to restrict camera phone use at work, says labor lawyer William Hannum.

This is the time to answer questions and make clear that the policy is a matter of a legal concern, not a case of Big Brother watching over employees’ shoulders. for added legal protection, you might want to create a formal camera phone policy to be written employee handbooks.

Some businesss have gone so far as to take the step of banning camera phone (or personal cell phone) use at work and prohibiting individuals  from posting personal photos or videos from company computers.

Nevertheless, these policies are difficult to enforce and run the risk of alienating the majority of workers who use the devices responsibly.

As an alternative, several firms that have not banned camera phones have had employees sign a policy that gives managers permission to review photos or videos on the phone when there’s a complaint. When you go down either of these routes, remember –

• The policy ought to be enforced consistently

• your policy must spell out specific steps for filing and assessing  a complaint, and

• The policy should obviously spell out the disciplinary steps for violations.

The enforcement aspect is especially tricky. In cases where the phones are corporation property, companys obviously have the right to control non-work use – which includes requiring employees to turn over the contents stored on the phone in cases of suspected abuse. Employees have no legal expectation of privacy in such cases.  

However, there’s a slippery slope when the phone is an employee’s property.  As a rule of thumb, corporations normally have the right to inspect the contents as they pertain to alleged inappropriate behavior within the workplace.

Where it gets tricky is dealing with behavior that takes places on the employee’s private time, but overlaps with the workplace (e.g., staff members go out socializing at a bar after work, and potentially embarassing camera phone photos get spread around the workplace). Legal specialists caution companys to tread very carefully in these cases.

Where does your organization stand?

Does your organization have – or is considering a policy on employee camera phones? Do you think such policies are workable or even appropriate?

In my conversations with attendees at the SHRM conference in Chicago, HR and benefits managers appear to be divided on the issue.

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Health Promotion : Does Value-Based Healthcare Save Money?

Saturday, October 23rd, 2010

In a value-based plan, the idea is to reward employees for seeking treatments that promote wellness.

The more clinically viable the treatment, the less an employee pays out of pocket for it.

Example –  Women over 40 and younger workers with a family history of breast cancer pay less for a annually mammogram than workers for whom the test isn’t as necessary.

Value-based plans often work better than high-deductible plans when used in combination with standard health promotion program features such as health risk (assessment|appraisal}s.

Five target areas

As reported by the May 2008 issue of Simply Well, there are four quality-of-care criteria that have emerged as key benchmarks of the quality of care –  health care management, preventive screenings and treatments, member service and access to care.

Areas of care that are of particular concern –

• Employees’ dependents receiving appropriate and timely childhood/adolescent immunizations

• Breast cancer screenings for female medical plan enrollees, ages 52 to 64

• Diabetic workers receiving hemoglobin A1C and LDL-C testing

• Members receiving proper referrals and treatment for mental health issues (e.g., main care physician refers a patient to a professional to ensure proper prescription and management of an anti-depressant medication)

• Pregnant workers receivig time and appropriate prenatal and postpartum care, and prevention of antibiotic treatment in adults with acute bronchitis.

The quality of care for many of the aforementioned issues can suffer when employees foot too much of the bill out of their own pockets.

The hope for value-based plans is that employees get some cost relief and obtain treatments that will reduce costs in the long run.

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Health Promotion : Employee Privacy.

Friday, October 22nd, 2010

As scary as they seem at first glance, complying with health insurance portability and accountability act (HIPAA)’s privacy rules may be relatively painless.

Contrary to common belief, the rules – with several key exceptions – apply only to a fraction of the medical information Benefits handles.

As long as the company remains legally “hands off” of employee’s private health information, you can dodge most of the HIPAA bullet.

For health insurance portability and accountability act (HIPAA) privacy purposes, your firm is considered “hands off” even when you obtain de-identified personal information, aggregate claims data and routine enrollment info.

Bottom line –  When your organization’s health plans are fully insured and the claims administered through a TPA, the insurance company – not your firm – bears the brunt of the health insurance portability and accountability act (HIPAA) privacy compliance responsibility.

One major exception –  medical cafeteria plans. In most cases, you’ve two compliance choices –

• Process reimbursement requests first through your TPA, with the TPA making sure the claim qualifies below the terms of the cafeteria plan before your firm reimburses it, or

• Develop a written cafeteria plan privacy policy, issue a notice to workers, appoint a privacy officer and amend your plan documents.

Rarely affects FMLA

Many individuals  - including healthcare providers – misunderstand how health insurance portability and accountability act (HIPAA) affects medical certifications for FMLA leave. the key –  health insurance portability and accountability act (HIPAA) only applies to personal information that filters through your health plan, not certifications obtained from a doctor.

Under FMLA, you’re permitted to obtain the minimum information you need to approve and administer leave. In like fashion, health insurance portability and accountability act (HIPAA) doesn’t apply to most workers’ comp, return-to-work notices or disability claims.

Even so, it compensates to be careful how you ask for and use the information. Other state and federal privacy laws often protect the same types of info people  assume falls under health insurance portability and accountability act (HIPAA).

Following procedures

The health insurance portability and accountability act (HIPAA) privacy rules are heavy on paperwork and procedure.

But since your firm follows  the info-gathering process spelled out in your medical plan documents, the HIPAA privacy rules should present few major obstacles.

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Health Promotion : PBM Issues.

Friday, October 22nd, 2010

Many firms are still missing an opportunity to trim some medical plan expenses.

Generic versions of high-cholesterol drug Zocor have been on market for two years now, but a fair share of business drug store plans have yet to make the switch.

If your PBM gives generic Zocor favored status on the formulary, now’s a good time to remind employees –

• most individuals  on cholesterol-control meds will get the same therapeutic value from generic Zocor as from the label brand and the more potent – and still patented – Lipitor

•  they are able to save $10 to $50 (or more, depending on your drug plan design) on their co-payment by switching, but

•  they ought to ask their doctor first. People  with cholesterol levels over 200 and/or family histories of  ultra-high cholesterol may  be better off staying on Lipitor.

Reason –  It takes four times the amount of a Zocor-type medication  to equal one dose of Lipitor.

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Health Ideas: Tips to improve digestive System

Thursday, October 21st, 2010

improve digestive SystemThere are many medicine, experts, hospitals, doctors etc. available in United Kingdom who claims to improve the digestive system within few hours. Generally, bad food habits affect the digestive system immensely. It is advisable to stop eating junk food, fast food, packed food, coffee, cold drink etc. immediately if you feel heat burn in stomach. To handle the problem regarding digestive system, first you need determine how much water you are consuming daily.

Water is the biggest and cheapest source to keep your digestive system healthy. An individual should drink at least 12-14 glasses of water everyday to clean out your system. In case you can not drink much water due to winter season or any other reason then go with fruits. Include more number of fruits in your daily diet with lemon water once or twice in a day.

The age of our body parts depends on the daily routine. Now days, most of the people spend the 10-12 hours while sitting in front of computer. In such cases don’t forget to exercise at least an hours every day. If you can not exercise then join yoga, dance classes, cycling, swimming etc. Physical activity is necessary for everyone to achieve healthy body.

Health Promotion : Scary Health Coverage Laws.

Thursday, October 21st, 2010

When it comes to health-coverage laws, there’s often a domino effect.

As individual states require insurers – and in some cases, companys – to cover or offer coverage of specific individuals  and procedures, similar laws can spread rapidly to other states.

The effect on plan sponsors –  Some mandates can increase your costs by 20% to 45%.

Small firms targeted, too

States are no longer targeting  just the Wal-Marts and other giant corporations anymore. the pressure has increased on companys of all sizes.

That’s specifically true for the new “universal coverage” laws passed in Massachusetts and Vermont.

The Massachusetts law requires every firm with 11 or more employees either to cover or contribute toward everybody’s health coverage, or else pay an annual fee of $295 per employee to a state fund.

Vermont’s similar version sets the each year fee at $365 per full-time equivalent worker. the Vermont law also requires all uninsured, low-income hourly workers to have access to a state-subsidized plan (called Catamount Health) sold through private insurance companies.

It’s up to businesss to deduct the monthly premiums – $60 to $135, depending on the person’s wages – and send it to the state.

There are rumblings in at least 10 states about lawmakers pushing for universal-coverage laws. A few have formed committees to study the Massachusetts law and see when a version may be adapted to their state.

Here are three proactive steps to consider now. These could potentially save money, time and compliance headaches later –

• look into offering mini-med or similar lower-cost programs to satisfy minimum coverage requirements for uninsured workers. Monthly premiums range from about $25 to $200

• educate low-income workers about the earned income-tax (EIT) credit the federal government offers. This could make a mini-med plan free or almost free to eligible workers, and

• use flexible spending accounts to develop a tax savings on premiums for other employees and your firm.

Required procedures

The universal-coverage laws draw national headlines, but far more corporations are currently affected by state laws requiring coverage for certain types of procedures. Three of the biggies –

• diabetes self-management. Nineteen states require your health plan to cover all the steps staff members with diabetes take to control their condition, including nutritional therapy (if prescribed by a doctor)

• in vitro fertilization. This large ticket service adds 3 percent to 5 percent to your premiums, and is now a required benefit in 15 states, and

• cervical cancer screenings. In the last year, four more states have required all employer plans to cover each year cervical cancer screenings for all covered female staff members, spouses and dependents age 18 and older. That brings the sum to 24 states.

The good news about the diabetes management and cervical cancer mandates is they can reduce your  long-term costs, even if they increase them in the short-term.

Here’s a good resource  for keeping abreast of mandatory coverage trends around the country.  The site also features  state-by-state breakdowns of changes in insurance laws  mandating the coverage of different treatments and conditions.

For  instance, this report from 2006 is the most robust coverage-mandate study that I’ve ever seen.

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Health Promotion : High-compensated Staff Members Worry About Medical Costs.

Wednesday, October 20th, 2010

Who worries more about health care costs –  lower-compensated or higher compensated employees?

Answer –  Both groups worry equally about their out-of-pocket medical costs, as reported by a PNC Services Group survey of 1,485 employees. Almost 52 percent of all respondents – regardless of income -cited the unpredictability of medical expenses as their No. 1 financial-planning concern.

Other common financial-planning fears that affect staff members of all salary levels –

• eldercare. Over half the respondents with kids were afraid their offspring can be forced to pay for the parents’ long-term care, and

• financial stability. 47 percent of mid- to high-salary employees said they were concerned about sustaining or increasing wealth.

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