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So far mhmadmin has created 23 blog entries.

Health Insurance Basics: Plan Types

2020-10-28T10:29:01-04:00July 23rd, 2020|Blog, Employee, Employee Resources|

Choosing between the different types of health insurance plans is hard. The first thing to do is understand the basics. Get started with this easy overview of the different types of health insurance plans: High Deductible Health Plan (HDHP) An HDHP plan is defined by the IRS as having a higher deductible than most [...]

Eliminate Your Employees’ Top Five Health Planning Complaints AND Save Your Company Money

2020-10-28T10:34:21-04:00July 5th, 2020|Blog, Broker, Consumer Directed Health Plans, Employer, Health Benefits Decision Support, Open Enrollment|

We know… it sounds too good to be true. Consumers across the country are frustrated by the ever-increasing costs of health care, and employers are spending millions of dollars on health care plans that seem to only add to that frustration. Employees want better options; employers want to provide them; but no one is [...]

Compare HSAs, HRAs, and FSAs

2020-10-28T10:27:41-04:00June 23rd, 2020|Blog, Employee, Employee Resources|

Wondering about the difference between HSAs, HRAs, and FSAs? You're not the only one who feels like there are too many acronyms and too little time. HSAs, HRAs, and FSAs are accounts used to pay for qualified medical expenses, prescription drugs, dental and vision expenses. Health Savings Account (HSA) – is a savings account [...]

Guide to Health Savings Accounts and Flexible Spending Accounts

2020-10-28T10:27:25-04:00June 23rd, 2020|Blog, Employee, Employee Resources|

This guide to flexible spending accounts will help you decide if they are the right fit for you. A Flexible Spending Account (FSA) is an arrangement through your employer that lets you pay for many out-of-pocket expenses with tax-free dollars. Allowed expenses include insurance deductibles and copays for medical, dental and vision plans, prescription [...]

Health Insurance Basics: Costs of a Plan Defined

2020-10-28T10:26:43-04:00June 23rd, 2020|Blog, Employee, Employee Resources|

Choosing the right health insurance plan is complicated. This blog breaks down the total costs of health insurance to empower you to choose the plan that works for you and your family. What is a deductible? A deductible is the amount you will pay, besides the monthly premium, before your insurance company will begin [...]

Health Insurance Basics: Coverage of Specific Services

2020-10-28T10:26:23-04:00June 23rd, 2020|Blog, Employee, Employee Resources|

Choosing the right health insurance plan is complicated. This blog explains how to tell which services are covered under your health plan. Understanding health plan coverage basics can help you choose an optimal plan. Covered Vs. Non-Covered: Not all medical services you receive are necessarily “covered” by your insurer.  Some “alternative’ services such as [...]

Maine Tech Community Rallied…Ready for Work Ahead

2020-10-30T13:16:19-04:00March 20th, 2020|News|

March 20, 2020, Portland, ME On Friday, March 20, Mainers came together (remotely) to innovate and help change the course of COVID-19 in the state. The result was beyond what any single individual could have built on their own. In just 7 days, 65 individuals signed up for Flatten the Curve: Hacking COVID-19. Developers, business analysts, UI/UX designers, government officials and public health professionals joined in to brainstorm different product ideas [...]

MyHealthMath Calls Maine Tech Community to Action with COVID-19 Hackathon

2020-10-30T13:16:35-04:00March 16th, 2020|News|

  The World Health Organization declared the Coronavirus Disease 2019 (COVID-19) a global pandemic. The President of the United States has declared a National Emergency. Maine’s state and local leaders are preparing for widespread community transmission. Maine CDC officials have reported 6 presumptive positive cases. Maine COVID-19 is highly transmissible and leads to signs [...]

MyHealthMath Announces New Claims-Based Decision System to Help Consumers Choose Optimal Health Plan

2020-10-30T13:16:52-04:00October 28th, 2019|News|

Portland, Maine – Less than 10 percent of employees update their health benefits during open enrollment and more than half admit that avoiding this annual stress costs them money—probably a considerable amount. MyHealthMath’s new individual Claims-Based Health Savings Report, coupled with phone-based consultations with highly skilled analysts, eliminates this confusion. This innovative report uses [...]