Predictive Modeling – GRx
Many health insurance companies are looking at prescription usage to underwrite and rate group health insurance. It’s called predictive modeling. GRx uses complete and current prescription histories. Details include drug name, dosage, fill date, pharmacy and physician information. This Healthcare Intelligence allows carriers to make risk assessment decisions with confidence and more accurately develop premiums. […]
IRS Guidelines – Indexed for 2017
FICA Social Security Tax is 6.2% on income up to $127,200 up from $ 118,500. Medicare Tax unlimited 1.45% to Unlimited High Deductible Health Plans Minimum Annual Deductible (Individual/Family) $1,300 / $2,600 Maximum Out-of-Pocket Limit (Individual/Family) $6,550 / $13,100 Health Savings Accounts Individual / Family $3,400 / $6,750 Catch-up Contribution $1,000 Flexible Spending Accounts Health […]