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4 Things to Consider When Comparing Medicare Plans | Chicago Employee Benefits Agency

Comparing Medicare health and prescription drug plans can be complicated. Keep in mind these 4 things to make your plan choice easier with the Medicare Plan Finder. Total cost for care. It’s important to think about your total out-of-pocket costs, including deductibles,copayments, coinsurance, maximums, and drug costs, that you’ll pay with a Medicare health or drug plan. When you … Continued

REMINDER: HEALTH PLAN PCORI FEES ARE DUE JULY 31 | Chicago Benefits Team

Employers that self-insured any group health plans in 2018, including health reimbursement arrangements (HRAs), are responsible for determining whether the annual PCORI fee applies to their plan. If so, use Form 720 to calculate, report, and pay the fee by July 31, 2019. PCORI stands for the Patient-Centered Outcomes Research Institute. Federal law imposes a small annual fee on most … Continued