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

September 1, 2011

Mid-sized and Large Employers Feeling the Squeeze 

 

Gary R. Goodhile

Principal, Sullivan Benefits

 

Recently published survey results suggest that as many as 1 in 10 mid-sized / large employers expects to stop offering health coverage after the "Insurance Exchanges" begin operating in 2014. These insurance exchanges are part of President Barack Obama's health care overhaul. Initially, exchanges will be targeting individuals and small business with 100 or fewer employees. Insurance companies will compete for business on a level and transparent playing field, driving down cost. Hmmmm...? One has to wonder how they intend to reduce cost by simply creating what amounts to a new distribution channel.

 

For too many years employer sponsored health plans offered by mid-sized and large employers have been subsidizing the health care system, picking up the cost shortfalls created by Medicare, Medicaid, uncompensated care and, recently here in Massachusetts, Health Reform, through cost shifting. The exchanges will no doubt add to this burden. Read More 

Guidelines for the Early Detection of Cancer 

 

Brought to you by Nan Maley, RN 

Director, Corporate Wellness  

 

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We cannot communicate to our Employees enough that Prevention is Key!! Some cancers can be found early, before they have had a chance to grow and spread. This is a reminder of the important Cancer Screenings that all employees should be reminded of on an annual basis, as recommended by the American Cancer Society.

 

Breast Cancer 

  • Yearly mammograms are recommended starting at age 40 and continuing for as long as a woman is in good health.
  • Clinical breast exam (CBE) about every 3 years for women in their 20s and 30s and every year for women 40 and over.
  • Women should know how their breasts normally look and feel and report any breast change promptly to their health care provider. Breast self-exam (BSE) is an option for women starting in their 20s.

The American Cancer Society recommends that some women, because of their family history, a genetic tendency, or certain other factors, be screened with MRI in addition to mammograms. (The number of women who fall into this category is small: less than 2% of all the women in the US.) Talk with your doctor about your history and whether you should have additional tests at an earlier age. For more information, call the American Cancer Society at 1-800-227-2345 and ask for their document, Breast Cancer: Early Detection. 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...........

        

 

Health Care Reform: 

  

 Application of Annual Limit Restrictions to HRAs 

August 24, 2011

 

 Accountable Care Organizations 

August 24, 2011

  

Health Plan Summary of Benefits and Coverage

August 17, 2011

   

Proposed Template for Summary of Benefits and Coverage

August 17, 2011

  

Additional Proposed Guidance on State Insurance Exchanges and Premium Tax Credit

August 17, 2011

   

 Preventative Care Guidelines for Women

 August 4, 2011 

 

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 MARKET UPDATES

 

Employers Consider Ending Health Coverage

Worcester Telegram & Gazette 08/23/11

 

 Health Insurers Post Higher Earnings 

Boston Globe 08/16/11 

  

 

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September

WELLNESS EVENT IDEAS AND RESOURCES
  

DISCOUNTED FLU SHOTS BY NAN THE NURSE

 

 Click Here For Details

 

 

Ovarian Cancer Awareness Month

 

National Cholesteral Education Month

 

National Suicide Prevention Week

September 4th-10th

 

     

 

 

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

 

 

www.sullivan-benefits.com