PCORI Fees Announced for 2023 for Self-Insured Health Plans
Patient-Centered Outcomes Research Institute (PCORI) Fees Updated by IRS On November 14, 2022, the IRS released Notice 2022-59 which updated the amount of the Patient-Centered Outcomes Research Trust Fund fee that self-insured health plans must pay for plan years ending on or after October 1, 2022, and before October 1, 2023. The applicable dollar amount […]
Read More2023 Cost of Living Adjustments Announced
The IRS has released its 2023 cost of living adjustments – which can impact certain benefit accounts, retirement plans and other programs. Highlights of changes coming in 2023: FSA Contributions: Contributions to a healthcare flexible spending account have increased $200 to $3,050- up from $2,850 in 2022. FSA Carryover Amount: If the employer allows for […]
Read MoreA Letter from the New CEO of The Difference Card
Benefits are in my blood. I have done one thing in my entire 20-year career and that’s employee benefits. I have worked for an insurance carrier, an insurance broker, and for The Difference Card. So, for better or worse, healthcare has and always will be, a deep part of my identity. I don’t have to […]
Read MoreIntroducing The Difference Health Plan
A New Self-Funded Health Insurance Solution for Small to Mid-Size Businesses Moving from a fully insured health plan to a self-funded one can be daunting. It’s intimating to take on the risk of full claim exposure. With The Difference Health Plan, you get complete confidence that we will guide you or your client to the right […]
Read MoreHow Does The Difference Card Work?
A Member’s Guide to Understanding The Difference Card Have you ever felt overwhelmed by the rising costs of healthcare? It’s no secret- healthcare costs have risen dramatically in the United States over the past several decades. For those with employer-provided healthcare, average annual premiums for family coverage rose 37% from 2015 to 2020. At The […]
Read MoreLive Webinar: Tour Our New Difference Benefits Admin System
Join us for a live webinar to take a look at our new Benefits Administration System. We are excited to launch our brand-new Difference Benefits Admin System and would like to take you on a behind the scenes tour! During this exclusive Broker Only webinar, you will: Discover a better way for your clients […]
Read MoreThe Difference Card Appoints New Board Member, Steven Logan
Health Insurance Leader, Steven Logan, joins The Difference Card Board of Directors The Difference Card in partnership with Northlane Capital Partners “NCP”, announced today that Steven Logan, former President of Aetna’s Northeast Territory, will join the Board of Directors for The Difference Card. Mr. Logan joins current Board Members Sean Eagle, Partner at NCP, Eugene […]
Read MoreAt-Home COVID-19 Testing Now Covered by Insurance
Effective January 15, Health Insurers must cover the cost of COVID-19 testing kits. Beginning Saturday, January 15, individuals with group and private health insurance coverage may ask for reimbursement for up to eight at-home COVID-19 test kits per month. According to the Department of Health and Human Services, individuals who purchase over the counter COVID-19 […]
Read MoreWin the Fight: Deliver Better Benefits at a Better Price
A Recap of our November Webinar Session 2 In the second webinar in our three-part series, Healthy Habits and Health Insurance, we explored two strategies to bring to prospects to deliver great benefits above competitors. Below we recap the strategies discussed in the webinar. How to Win New Business: Leading with relationships. Leading with […]
Read MoreJuly Case Study: Law Firm goes from 12% Renewal Increase to -4% using The Difference Card
Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, The Difference Card helped a New Jersey Law Firm to navigate a difficult July renewal. The client was receiving a 12% renewal increase from Horizon BCBS of New Jersey. This Law Firm’s Health Insurance Broker engaged The Difference Card to create a solution to reduce this […]
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