Today we’re going to cover a commonly confused term in the insurance industry, and that term is supplemental. Misconception A major mistake many people make, brokers and employers alike, is that when they see the word ‘supplemental’, their minds automatically jump to voluntary insurance. But these two terms aren’t interchangeable. All voluntary insurance is supplemental [...]
At ArmadaCare, our premiere insurance product is Ultimate Health, a group supplemental reimbursement plan designed specifically for busy leaders. While we mention Ultimate Health a lot on our blog, we have yet to do a quick and easy breakdown of what this product has to offer. Without further ado: Brief Overview As mentioned above, [...]
By Sirona Strategies Last week’s post provided an update from Washington, focused on two current health care policy issues related to employers: (1) amendments to Health Savings Account rules; and (2) repeal or a further delay of the ACA’s so-called Cadillac tax. This post will focus on a third issue: an expansion in access to [...]
It’s Halloween time! Along with consuming copious amounts of sugary treats, this is the time of year when it’s customary to put on a mask and pose as something you’re not. While this annual game of dress-up is all done in fun, it seems a fitting time to discuss the dangers of deceiving coverage because, [...]
By Sirona Strategies It’s been a busy year for health care in Washington. While the conversation has largely focused on reform of the Affordable Care Act’s (ACA’s) individual marketplaces and Medicaid financing structure, there are a number of other substantial health care policy debates underway. Notably, this year has seen momentum on issues of importance [...]
Let’s be honest, one-size-fits-all primary health plans are plain vanilla. Of course, vanilla is a perfectly okay ice cream flavor. It’s the base needed to create a lot of more exciting flavors. In benefits terms, it’s necessary, too. You have to have that base primary plan. But today’s market doesn’t allow for much variety [...]
We’ve discussed before the importance of aligning your benefits packages with your company culture and values (here and here). For instance, at Armada, we host a Wellness Initiative with workout and yoga classes, healthy snack options, lunch & learns, and special health activity events to reinforce our culture of wellness. At Armada, we also [...]
This month, Armada Articles becomes a year and a half old, and our blog post last week marked 100 articles! We’ve enjoyed sharing healthcare and business stories and trends with you over the past year and a half and are excited for all of the articles to come. We always strive to provide our [...]
At Armada, one of our favorite topics is group supplemental insurance. We love to help our brokers and clients better understand the different types of supplemental insurance. While we’ve definitely discussed expense reimbursed insured plans before (take a look at these posts: here and here), we have never dedicated an entire post to this [...]
Our CEO, Ed Walker, participated in a panel at the EBN Benefits Forum and Expo in Boca Raton, Florida this week. In a session called 7 Major Disruptions About to Shape the Future of Benefits, Walker and other visionaries in the health benefits landscape discussed the change coming to, and already taking place in, [...]
