New book, website address changing the health insurance market
NASHVILLE, Tennessee., November 15, 2018 / PRNewswire / – Opinion leader and healthcare researcher, Kev Coleman, today published a new book discussing the near-term evolution of the US health insurance landscape. “Association health plans and the future of health insurance“highlights a new regulation transforming the health plans of associations and the possibilities that these new plans present for companies and individuals.
The publication of this book coincides with the launch of Coleman’s new website, AssociationPlansSanté.com. The website is the most comprehensive online resource for information about association health plans. It serves small businesses and the self-employed exploring associative insurance as well as national associations, benefit consultants, insurance companies and other third parties facilitating this emerging market.
“Regardless of the political party, it seems that most Americans agree that American health care can be improved, especially the cost of health insurance,” writes Coleman in his new book. He is convinced that such cost reductions are coming. “Positively, my optimism rests on America’s continued ability to innovate and, negatively, its inability to sustain a high rate of growth in health care spending indefinitely.” Notably, Coleman’s assessment of cost reduction tactics includes analyzes that go against common recommendations such as “pay for performance” vendor reimbursement.
In addition to suggesting future health care reforms, Coleman discusses a new regulations that have opened up economical “large group” insurance designs to small businesses and the self-employed through associative health plans. Large group health plan designs already cover tens of millions of Americans across the country. While these large group designs offer greater benefit flexibility than benefit plans for small groups and individuals, they are still subject to many benefit requirements, including pre-existing conditions, maternity benefits and preventive care. Therefore, these new association health plans will cost less than the Small Group and Individual Affordable Care Act plans, but will include consumer protections lacking in other low-cost coverage options such as l ‘short-term health insurance and health care sharing departments.
AssociationHealthPlans.com answers a variety of questions faced by those looking to launch new association plans, including:
- What are the conditions that an association must meet to propose a health plan?
- How can the self-employed and people working part-time in the “gig economy” access these plans?
- How does the size of the association and the funding mechanism (i.e. fully insured or self-insured) affect benefit requirements and potential savings?
- What types of third party resources can be used to manage an association health plan?
“According to the Ministry of Labor, the associative insurance market will apply to 11 million small business employees, freelancers and family members, ”Coleman said. “It is imperative that health benefit decision makers are equipped to understand the benefits and tradeoffs involved in this coverage, and AssociationHealthPlans.com addresses this need. We will continually expand its resources and serve as a hub for the latest news and commentary on association health plans. “
AssociationPlansSanté.com is the leading online resource supporting the emerging market for community health plans. AssociationHealthPlans.com is headquartered at Nashville, Tennessee.
CONTACT: Amy Fletcher Faircloth