Blog

Photo: peachstatefcublog

Health Policy Brief: High-Deductible Health Plans, a new policy brief from Health Affairs and the Robert Wood Johnson Foundation highlights the growing popularity of high deductible health plans (HDHPs) and how they are impacting the healthcare market. The debate centers on whether HDHPs actually help reduce spending, especially the 30 percent that the Institute of Medicine calls “a waste,” but at the same time don’t prevent consumers from using insurance for necessary treatments.

January is over, which means for most of us those well-intentioned resolutions are out the window and we are back to our ever-prevailing habits. But at the same time, healthy exercise habits and weight loss are still top-of-mind and highly desired goals. And not just for us – universities and employers are also starting to demand to know the weight and fitness routines of their students and employees. While this may not be the best way to entice people to lose weight, the reality is that more than one-third of the adult US population is considered obese, which costs our healthcare system billions and billions of dollars each year.

Photo: techcrunch.com

Human resources is becoming an exciting field of late, rapidly moving along with digital technology trends that are transforming the world of HR. As a result, so much about the way we traditionally have done business has been upended. Organizations need to think more broadly and creatively about how they manage people and meet the needs of a tech-savvy workforce that is evolving every day.

Photo: katyacupuncture.com

An analysis of data taken from a 2012 National Health Interview Survey (NHIS) has found that 25 million adults in the US have some sort of chronic pain (at varying levels of severity), and 40 million are living with severe pain that impacts their overall health.  That means almost 30% of the adult US population is walking around each feeling some level of pain. Chances are good, you are one of them.

Photo: theodysseyonline.com

There’s a lot of discussion in the business world right now about the millennial generation. Who they are, what they care about, how to recruit them, how to get them to stay. And all with good reason. According to the Bureau of Labor Statistics, millennials will make up 75% of workforce by 2030. That’s only 14 years away, so thinking now about the growth of your organization and how millennials can help shape that future is crucial to long-term sustainability.

December and January mark the time when round-up lists of every sort hit the stands – predictions for the year to come, best of 2015, and what to watch for in 2016. As such, business publications have put out their projections for 2016’s business trends, which have implications for both for-profits and nonprofits alike. Below is a brief round-up of some of the big topics anticipated in the corporate world this year, and how nonprofits can integrate these ideas into the workplace:

Photo: DeviantArt

With the recently announced two-year delay of the Cadillac tax (from 2018 to 2020) and the pending presidential election debating the entirety of the ACA, its unclear if the 40% excise tax will ever become a reality. In theory, the tax is meant to reduce employer and employee healthcare spending and help fund the expansion of the ACA.  In reality, companies of all sizes are fighting against it saying that the toll will significantly impact the affordability and accessibility of healthcare for US workers. And with healthcare costs skyrocketing, well beyond normal wage growth and inflation, the Cadillac tax seems almost unavoidable, if it comes to fruition in 2020.

Photo: omnihealth.com

Recruitment and retention are always top of mind for nonprofit executives, and rightfully so. According the Bureau of Labor Statistics, nonprofits employ 10% of the US working population with a large percentage in health and social services. But attracting – and retaining – top talent continues to be a challenge, especially staying competitive with compensation packages.

Photo: theblaze.com

As a result of both the US vs Windsor case in 2013 and the recent Supreme Court decision legalizing same sex marriage in all 50 states, same sex spouses are now able to receive spousal support for healthcare, if a company offers that benefit, without any imputation of income from the employed spouse.  Employees with same sex spouses who were previously covered under domestic partner benefits should have implemented a change in marriage status with their employer after the Supreme Court decision to ensure that income was no longer imputed for their spouse.

Photo: buffalocleaningservice.com

Depleting savings, working extra hours, and increasing credit card limits are just a few of the strategies 20% of insured US workers are undertaking in order to cover at least some of their excessive medical costs. This is according to a Kaiser Family Foundation/New York Times survey released on January 5^th, which shows that 1/5^th of Americans who are insured are facing significant economic challenges due to medical bills that are unaffordable.