How Will Private Exchanges Impact Optometrists?

By John Sailer
Monday, April 20, 2015 12:04 AM In three to five years, more than one-quarter of employers are considering moving to a private exchange, according to recent surveys by Aon Hewitt and Mercer, both of which manage private exchanges that include vision benefit options.

Private Exchanges to Radically Transform Health Insurance

By John Sailer
Monday, April 20, 2015 12:04 AM Private health insurance exchanges are expected to grow substantially and dramatically change the way employers provide health care, including vision, to employees.

Vision Care’s Place in the Realm of Private Exchanges

By John Sailer
Monday, April 20, 2015 12:03 AM Broadly defined, private exchanges are websites that enable consumers to compare and purchase health insurance, typically with a defined contribution provided by their employer. Most are operated either by insurance companies themselves, benefit consultants, or technology platforms. (Private exchanges should not be confused with the public health insurance exchanges established as a result of the Affordable Care Act, see “Public vs. Private: What’s the Difference?”)

Spendwell: A Unique Type of Exchange

By John Sailer
Monday, April 20, 2015 12:02 AM Initially launched in 2012 as a direct-to-consumer marketplace, Spendwell has morphed into an e-commerce platform in which consumers can spend defined contributions provided by their employer. Not a private exchange in the sense that consumers can select health insurance plans from the website, Spendwell is instead an online marketplace where people can shop and buy health care services directly from providers.

Medicare’s $145B Reform Bill Passes, 21 Percent Cut Eliminated

By Staff
Friday, April 17, 2015 12:27 AM WASHINGTON, D.C.—The U.S. Senate approved a $145 billion health care reform bill (H.R.2) on April 14, 2015, that includes a permanent repeal of the Medicare Sustainable Growth Rate (SGR).

NAVCP/NASHO Specialty Health Summit Announces Speakers, Agenda

By Staff
Wednesday, April 15, 2015 12:24 AM LAS VEGAS—The 2015 Specialty Health Summit, held jointly by the National Association of Vision Care Plans and the National Association of Specialty Health Organizations, has announced its agenda and speaker roster for the event to be held May 4 to 6 at The Four Seasons Hotel Las Vegas.

Congress Approves Bill Eliminating 21 Percent Medicare Cut While Senate Delays Decision

By Staff
Monday, April 06, 2015 12:30 AM WASHINGTON, D.C.—A 21 percent cut in Medicare physician payments went into effect last week on April 1, 2015. While Congress passed legislation intended to eliminate the automatic cut that resulted from the Medicare Sustainable Growth Rate (SGR) formula, the Senate failed to take action before its current two-week spring recess.

Highmark Health Reports ‘Record’ 2014 for Visionworks, Expansion Plans for New York and Michigan in 2015

By Staff
Friday, April 03, 2015 12:24 AM PITTSBURGH—In his first report on the consolidated financial performance of Highmark Health since being named president and CEO 10 months ago, David Holmberg announced that the company’s revenue grew by $1 billion in 2014, in part due to its strong performance in the vision sector.

Security Life Insurance Company of America Adds Stand-Alone Vision Benefits Through VSP Vision Care and EyeMed

By Staff
Friday, March 06, 2015 12:18 AM MINNEAPOLIS— Security Life Insurance Company of America, a provider of ancillary benefits, has added stand-alone vision insurance to its plan offerings. PrimeStar Individual Vision Insurance includes two plan options, the PrimeStar Choice Vision Plan and the PrimeStar Select Vision plan.

NAVCP/NASHO Specialty Health Summit Registration Opens and Award Nominees Sought

By Staff
Wednesday, February 18, 2015 12:21 AM LAS VEGAS— Registration is now open for the 2015 Specialty Health Summit to be held at The Four Seasons Hotel Las Vegas, May 4 to May 6, 2015, and the sponsoring organizations are seeking nominees for the sixth annual Most Influential in Specialty Health Award to be presented at the event.

Davis Vision Launches Davis Vision Television With VTO, Educational Videos, Retail Locator, and More

By Staff
Monday, February 16, 2015 12:30 AM SAN ANTONIO, Texas— Davis Vision has launched Davis Vision Television, “ DVTV,” a new website to “deliver a heightened interactive experience,” according to a statement released last week from the managed vision care company.

VSP Partners With New Health Funds in Australia

By Staff
Monday, February 09, 2015 12:21 AM SYDNEY, New South Wales, Australia—VSP Vision Care has announced the addition of the VSP network to nine new health funds in Australia.

Ford Motor Co. to Provide Employees Access to Eyecare

By Staff
Friday, January 02, 2015 12:27 AM DEARBORN, Mich.—After years of negotiations with the American Optometric Association and the Michigan Optometric Association the Ford Motor Company will provide United Auto Workers access to medical eyecare beginning Jan. 1, 2015.

#WONDERWOMEN

By Staff
Monday, December 15, 2014 12:10 AM NEW YORK—In keeping with the theme of this year’s Special Report, we think the group of honorees for 2014 are all “Wonder Women” in their own way, showing signs of strength and courage while always looking out for those in need. This year’s list of Influential Women is as varied as the optical industry itself, spanning the worlds of vision care, retailing, manufacturing, distribution, dispensing and designing.

Executive Suite

By Staff
Monday, December 15, 2014 12:09 AM NEW YORK—In keeping with the theme of this year’s Special Report, we think the group of honorees for 2014 are all “Wonder Women” in their own way, showing signs of strength and courage while always looking out for those in need. This year’s list of Influential Women is as varied as the optical industry itself, spanning the worlds of vision care, retailing, manufacturing, distribution, dispensing and designing.
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