Employee Benefit Plan Consulting, Actuarial and Brokerage

Employee Benefits News

Fed up with Congress, Trump whacks Obamacare with his pen

Frustrated by the inability of Congress to get anything done with repealing the Affordable Care Act, the President wielded his executive order power today, encouraging cheap, loosely regulated plans to the marketplace.  Experts warn that good risk will jump out of the...

Can the U.S. Repair Its Health Care While Keeping Its Innovation Edge?

One thing that everyone can agree on with the U.S. Healthcare system is that it is extraordinary in terms of innovation.  It leads the world in clinical trials, patents and Nobel laureates in medicine and physiology.  It is where many in the world come to for the most...

Senate Scraps Vote on GOP Measure to Repeal Health Law

Republicans once again fell short of the votes needed to repeal and replace Obama's signature legislative accomplishment, the Affordable Care Act.  The Graham-Cassidy proposed legislation had hoped to get the needed 50 votes by the end of this last week in September,...

Kimmel, not Cassidy, is right on health care, analysts say

When the comedian is more solid on the policy details than the politician, you have to admit things are woefully out of wack.  This was the case this week when Jimmy Kimmel took Senator Bill Cassidy to task for his misleading comments on the proposed repeal and...

Senate GOP tries one last time to repeal Obamacare

Republicans will try one last time, before the simple majority window closes on them at the end of September, to pass some form of Repeal and Replace legislation to remove the Affordable Care Act.  The leadership is whipping members this week for a possible vote on...

Uninsured rate dropped to 8.8 percent last year

The Uninsured rate dropped to 8.8% in 2016, a drop of 900,000 from 2015.  Prior to full implementation of the Affordable Care Act, the uninsured rate stood at 13.3%.  While this is good news, there are signs that the uninsured population may swell higher in 2017, as...

Minnesota Finds a Way to Slow Soaring Health Premiums

The state of Minnesota is stabilizing its individual marketplaces and beating national trends through the use of reinsurance of its health risk.  Anyone familiar with self-insurance knows the concept of reinsurance, where upon the high risk is sold off to another...

FDA Approves Pioneering Cancer Treatment With $475,000 Price Tag

The FDA approved a new cancer treatment that has shown drastic improvement in patients who were not showing improvement with other courses of treatment.  The price of the treatment has raised some concerns.  At $475,000 per treatment, the cost of care is massive and...

States Watch Iowa’s Push to Reshape Health Law

States who are trying to avoid mass exits from the people on the ACA exchange plans, as well as the insurance carriers providing coverage in their states are trying to come up with pragmatic solutions to pressing problems.  This week, the Iowa Insurance commissioner...

Have a Question About Employee Benefits for Your Company?

Armstrong, Doyle & Caroll has served the greater Philadelphia area for over 65 years.

Contact ADC