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Woodruff Sawyer's Dan Hodges, Senior Vice

a broader bill to eliminate surprise balance

President in Employee Benefits, continues

billing for medical helicopter transport

to monitor price transparency regulation

services. Bipartisan support has helped

and available tools, providing insights in his

increase momentum to pass this bill.

article, "Price Transparency: The Consumer's Role in Lowering Healthcare Costs," included in this publication.

Election Results Aside, Be Competitive in 2020

Air Ambulance Balance Billing Protection

We can only speculate on the final outcome

Rates charged by private air ambulance

of the 2020 elections. No matter which

companies are high, being four to nine times

party is victorious, there will undoubtedly be

more than what Medicare will pay. Public

enormous changes that affect our country's

outcry has ensued, drawing the attention of

economic and employment landscape.

lawmakers to put limits on excessive charges and protect patients who are not in the best position to negotiate rates as they are being

What won't change? The need for employers to offer competitive benefits that attract and

airlifted to the nearest hospital.

retain employees to grow your business.

Most air ambulance companies are not within

your benefits portfolio is where you'll need

an insurance network. After the insurance

insightful and experienced professionals

company pays its share, patients are

who help you navigate uncertainty. A good

responsible for the remaining balance that

benefits broker can help you anticipate

frequently ranges in the tens of thousands

potential changes and make course

of dollars. As a result, Congress developed

corrections that help you stay competitive,

broad legislation to regulate surprise out-

compliant, and cost-effective.

Matching your business objectives with

of-network billing, including a provision of Texas V. United States, 2018

There is bipartisan legislation currently being considered that will benefit employers and employees alike.

EMPLOYEE BENEFITS LOOKING AHEAD 2020 | WOODRUFF-SAWYER & CO.

Tax Policy Center, “How did the Tax Cuts and Jobs Act change personal taxes?" taxpolicycenter.org

TABLE OF CONTENTS

11

Profile for Woodruff Sawyer

Looking Ahead: Employee Benefits Trends and Solutions in 2020  

Read our annual Looking Ahead Guide for insight into the 2020 employee benefits marketplace, including election impact, attracting and retai...

Looking Ahead: Employee Benefits Trends and Solutions in 2020  

Read our annual Looking Ahead Guide for insight into the 2020 employee benefits marketplace, including election impact, attracting and retai...

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