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Nicole Mehrara, Principal, Employee Benefits Division

Recent Posts

Helping Reduce Type 2 Diabetes for Beyond Benefits Members

By Nicole Mehrara, Principal, Employee Benefits Division

clock October 2, 2017 at 10:00 AM

Marsh & McLennan Agency and Anthem Blue Cross’ partnership is bringing value to Beyond Benefits Trust clients and their employees through the Diabetes Prevention Program (DPP). With 90 percent of diabetes diagnoses being Type 2, the disease is a dangerous and growing crisis worldwide*. As part of our dedication to deliver innovative and quality healthcare, the DPP will provide educational awareness to employees while empowering them to improve their long term health.

We kicked off the program in August and reached over 10,000 members in the Trust. Employees that chose to engage in the program determined if they prefer to meet weekly online or in a classroom setting for 16 weeks and then monthly for the balance of a year. The program teaches participants to make lasting lifestyle changes by eating healthier, increasing physical activity, and improving coping skills. By providing employees with tools such as a wireless scale or an activity tracker, support through small groups, weekly lessons, and access to a personal health coach, small changes will start to make a big difference!

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Topics: Employee Benefits

Age-Based Rates: The Solution for Life Science Employers

By Nicole Mehrara, Principal, Employee Benefits Division

clock May 13, 2015 at 10:00 AM

Beginning January 1, 2016, employers with 1-100 benefit eligible employees will be considered small group employers. If it hasn't already, this change has the potential to increase your rates by 20-30%, depending on your group.

Why the big jump in rates?

The change is tied to rules that apply to small groups. Small groups are charged what the insurance industry calls “age-banded” rates. Age-banded simply means age-based. In other words, cost is assessed for the age of each employee and spouse in the group. The shift impacts many employers, especially life science companies that typically employ within the 51-100 range, and adds another obstacle in the quest to offer affordably priced health care coverage.

If you are one of these employers, the following is a quick summary of things to know.

For renewal dates that occurred on or after January 1, 2016, employers with 51 to 100 benefit eligible employees will:

  1. Move from large group to small group
  2. Pay medical rates based on each family member’s age and not the employee’s age
  3. Have rates based on the ZIP code of the employer (instead of the employees’ residential zip codes)
  4. Lose online administration of benefit eligibility
  5. Cease to receive underwriting discounts for industry and favorable employee demographics

Solution for Life Science Employers

Marsh & McLennan Agency, in partnership with Biocom, created the Beyond Benefits Trust to provide large group underwriting for small group life science companies impacted by this law.

Beyond Benefits leverages specific regulations established by The Department of Labor (DOL). These regulations allow for the formation of DOL-qualified small business trusts which pool small companies together. Under this structure, employers qualify for large group rates, regardless of their size.

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Topics: Employee Benefits, Health Care Reform, Breaking News

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