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CBO Assessment Reports Deficit Reduction But Higher Uninsured Rate Under GOP Health Bill

On Monday, the Congressional Budget Office (CBO) released its assessment of the proposed repeal and replacement bill, called the American Health Care Act, announced by Republicans in the U.S. House of Representatives last week. The CBO’s assessment reports that based on their estimations the bill in its current form would reduce deficits
by $337 billion over a 10-year period and increase the uninsured rate by 24 million over that same period. They estimate that the uninsured rate would increase 14 million in 2018 compared to the current law.

Russell Carter Joins Scott Benefit Services

Scott Benefits Services has announced the appointment of Russell Carter as a Benefits Consultant in its Raleigh office. Russell will be advising middle-market companies in Raleigh and surrounding areas on comprehensive employee benefits strategy with a specialized focus on group health captives, healthcare funding, plan design, utilization analysis, pharmacy, disease and health risk management.

Scott Insurance Named a Best Practices Agency for the 23rd Consecutive Year

Scott Insurance has been named a Best Practices Agency for 2016, a designation it has received every year since the Best Practices program’s inception in 1993. The agency is part of an elite group of independent insurance agencies throughout the United States recognized as employing operational excellence and best practices in the industry. Only 254 out of more than 1,800 nominated independent agencies throughout the U.S. qualified for inclusion in the 2016 Best Practices study.

Scott Benefit Services 2016 Mid-Market Benefits Survey: Employers Migrating to High Deductible Health Plans to Manage Rising Costs

For the ninth consecutive year, healthcare costs climbed for a family of four in the Southeast as reported in the recently released results of the 2016 Mid-Market Benefits Benchmarking Survey conducted by Scott Benefit Services. Regionally, families continue to contribute an increasing amount for coverage, with annual medical expenditures up 8 percent in Virginia and 10 percent in North Carolina.