Published:6/3/2021
Source:BSG Analytics LLC - http://www.bsg.com/services/health-care-analytics/

Premiums for Wisconsin employers increased by an average of 4%-5% percent in 2021, with four out of 10 employers reporting increases of less than 3% and one in 8 employers reporting increases greater than 10%. Those are among the findings of the 2021 Wisconsin Employer Health Care Benefits Survey conducted this spring by HCTrends. More than 300 employers, representing an estimated 170,000 employees, participated in the on-line survey, which was produced in cooperation with Hausmann-Johnson Insurance, the Benefit Services Group (BSG®), BSG Analytics™ LLC, the Business Health Care Group and the QTI Group. Other findings from the survey: • Increases in health plan costs were uniform throughout all regions of the state • Small employers had slightly higher plan cost increases. One in five employers with fewer than 50 employees experienced plan increases greater than 10%. • 26% of employers increased employees’ share of the premium in 2021, while 21% increased employee co-pays, deductibles or coinsurance • 63% of employers say telemedicine is a key part of their health plan strategy • The median deductible for single plans is $1,000-$1,999 and the median deductible for family plans is $4,000-$5,999 • The majority of companies allow employees to choose between a traditional health plan and a plan with a Health Savings Account (HAS) or Health Reimbursement Account (HRA). HSA arrangements are far more popular than HRAs. • Less than 40% of employers say they offer wellness plans. Employers in northeastern and southeastern Wisconsin were more likely to offer wellness plans than employers in southern, northern or western Wisconsin. Self-insured plans were also more likely to offer wellness programs than self-insured or level-funded plans.

Published:5/13/2021
Source:Unspecified

Children between the ages of 12 and 15 are now eligible for the two-shot Pfizer vaccine for COVID-19. The decision will open vaccinations to approximately 300,000 children in the state. Approximately 4.8 million vaccination doses have been administered. 45 percent of the state’s population has received at least one dose and 38.5 percent have completed the vaccination series.

Published:5/12/2021
Source:Unspecified

The Wisconsin Group Insurance Board has approved Aspirus Health Plan’s application to offer health plan coverage to state government employees and local governments that participate in the state health plan program.

Published:5/11/2021
Source:Unspecified

The Business Health Care Group (BHCG), a coalition of employers primarily located in eastern Wisconsin, officially announced its partnership with Centivo, which offers a new type of primary care-centered health plan. The plan will be offered exclusively as an option for BHCG self-funded member employers effective Jan. 1, 2022. BHCG and Centivo will present details about the health plan during a virtual product rollout meeting on June 16 from 9:00 – 11:00 am.

Published:5/11/2021
Source:Unspecified