FOR YOUR BENEFIT.......
The Sullivan Benefits Monthly Newsletter

January 3, 2011


Local News May Provide Catalyst for Future Cost Controls!


By Gary Goodhile

Co-founder and Principal


Looking back on 2010 we witnessed unprecedented change.  The passage of National Health Care Reform will provide more benefits to more people and with it will come increases in health benefit plan cost.  On a positive note; new health insurance products representing true advancements in the area of Cost Transparency are beginning to make an impact.  Advancements in transparency coupled with the continued acceptance of wellness programs represent our best hope to favorably impact long term cost increases.

 

2010 demonstrated that what happens in Massachusetts from a health care perspective is certainly relevant on a national level.  We need not look any further than the 3/25/10 passage of H.R. 4872 "The Health Care Education Affordability Act".  Much of H.R. 4872 mirrored major components of Massachusetts Health Reform legislation passed back in 2006.

 

Other news from Massachusetts in 2010 that could favorably impact the cost of health care included the following:  Read More.

2011 - A Healthy New Year!

 

By Nan Maley, RN

Director, Corporate Wellness

 

As we wrap up 2010 and look to 2011, many employees will be anxious to set healthy New Year's resolutions.  As employers, this is a great opportunity to encourage and support employees with their goals.  A focus on one or more of the following is key; Nutrition, Exercise, Stress Management, Smoking Cessation and most important, Preventive check ups.

 

In addition to encouraging healthy behaviors for all individuals, a successful employee wellness program focuses on keeping your healthiest members healthy!  These are members that are at risk of transitioning into a disease state (those with acute, chronic or catastrophic illnesses).  It is important for them to maintain good health, focus on prevention and avoidance.  Read More.

Sullivan Benefits is your one-stop resource for all your employee benefits and insurance needs:

Cost savings approaches
Employee wellness programs
Benefits communications
Benefits administration
Compliance issues
Form 5500 filings
COBRA administration
Executive benefits and financial services
Property & casualty insurance
A third party, critical review of current programs
Needham Heights Office:
72 River Park · Needham Heights, MA 02494-2631
Phone: 781.449.8323 · Fax: 781.449.5419

Worcester Office:
One Chestnut Place · Worcester, MA 01608-2804
Phone: 508.471.9017 · Fax: 508.797.3689
Sullivan Benefits - Innovative Solutions. Trusted Advice.

 

 


THE COMPLIANCE CORNER...........



Mass.Gov
 

 
 

IRS Delays Non-Discrimination Rules for Fully-Insured Plans 

IRS Website


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Flu Season Resources


January
Wellness Event Ideas and Resources


 
 

Contact us for additional ideas, resources, or to help you implement Employee Wellness Programs that fit your employees' needs.

 


www.sullivan-benefits.com