Intercare Insurance Solutions Recommends Strategies to Improve Health and Lower Costs

SAN DIEGO - May 29, 2013 - PRLog -- SAN DIEGO, May 16, 2013 – Health care reform legislation’s sweeping changes has Intercare Insurance Solutions, a Hub International Company, advising clients that their employee benefit costs could rise significantly unless they employ several strategies quickly. Intercare, a commercial benefits brokerage, suggests strategies that include developing a long-term strategic plan; educating and engaging employees to make better lifestyle choices and healthcare decisions; and improving overall employee health.

         “The changes brought on by healthcare legislation are considerable, and San Diego companies caught off-guard could potentially pay higher prices for employee benefits over the coming years,” said Mike Barone, Intercare Insurance Solutions’ president.

         Having conducted strategic meetings with San Diego employers over the last several months, Barone said that Intercare has discovered that the new provisions, many taking place in 2014, are often misunderstood by employers. Those provisions include new taxes and fees, the individual mandate requiring that all people maintain health insurance or pay a penalty, the state sponsored exchange (now called the Marketplace), what circumstances require businesses to provide affordable health insurance or pay a penalty, and more.

“The Affordable Care Act’s (PPACA’s) 2014 requirements are a significant change for employers who provide health insurance benefits,” Barone said. “Many employers are struggling to understand the new regulations, and are behind the curve on planning for those changes. We believe lack of preparation could be costly.”

         Intercare says its next series of meetings over the coming few months will focus on helping employers devise solutions to changes brought on by health care reform. For businesses offering health insurance and other benefits, those strategies will include developing a multi-year strategy to manage costs, improving employee health through education and engagement, and creating better informed healthcare consumers in the workforce.

About Intercare Insurance Solutions

Intercare Insurance Solutions, a Hub International Company, was founded 10 years ago in San Diego by Barone. The company, with offices in San Diego and Irvine, California, offers services in all 50 states in employee benefits and wellness, retirement planning, property and casualty, and executive risk management. Intercare operates under a philosophy different than its competitors, viewing the benefit plans it designs for clients and their employees as a strategic investment rather than expense. Although Intercare Insurance Solutions was acquired by Hub International in 2012, the company operates independently. www.intercaresolutions.com

About Hub International Limited:

Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada, Puerto Rico and Brazil. www.hubinternational.com

MEDIA CONTACTS:          

Lisa Margolin-Feher

Margolin & Associates

for Intercare Insurance Solutions, A HUB International Company

619-417-9242

lisa@margolinpr.com

Cara Siegel

Hub International Limited

Director, Corporate Brand Management and Media Relations

Phone: 516.677.4992

Cara.Siegel@hubinternational.com