Allen Steinberg : Perspectives

Employee benefit plans—especially retirement and health care—have become an increasingly important part of the employment relationship. For employers, these plans represent an important part of the total compensation package, a tool for retention and recruitment, and a growing financial and compliance burden. For employees, these plans represent a key part of their overall financial security and wellbeing, a financial burden, and a source of complexity and frustration. In effect, it’s complicated. Our firm is dedicated to helping employers manage these complexities and focus on the important things.

Contact Allen Steinberg

John Enyart

19.04.2017 10.53 CDT

Gaps in health literacy hinder Americans’ ability to participate in important health care decisions or to follow medical advice.

Health Literacy: What Is It and Why It Matters

Health Literacy provides us a chance to prevent being herded into bad decisions.

choices complexity Health literacy patient advocacy

Many Americans have difficulty making important decisions about their health care and understanding important medical information.

Allen Steinberg

19.04.2017 06.23 CDT

While the debate over replacing the Affordable Care Act continues, it is also important to focus on the law that currently controls the American health care system – the ACA. The Trump Administration has been sending conflicting signals about how it will administer the Affordable Care Act. These conflicting signals may prove to be disruptive to insurance markets - and to individuals.

Multiple Personalities: The Administration’s Approach to the ACA

Trump Administration’s statements – and actions – on the Affordable Care Act look like a case of multiple personalities inhabiting the same body.

cost sharing reductions exchanges insurance companies subsidies

The Trump Administration’s approach to interpreting and administering the ACA – and the conflicting messages being sent by the Administration – matter. Here are some of the consequences of these conflicting messages.

Allen Steinberg

01.04.2017 05.54 CDT

You have a number of decisions to make in buying health care. This can be a real challenge…and is not going to get any better.

Your Money…and Your Life

Your next steps with health care require careful choices and personal responsibility

consumerism Deductible Health Care Costs Health Plans HRA HSAs

Health care is complicated – not just for politicians, but for consumers. You have a number of choices to make in buying health care and those choices require understanding some complicated topics. The challenges in shopping for health care are only going to increase, regardless of who wins the political wars over health care.

Allen Steinberg

30.03.2017 11.02 CDT

The drive to reduce corporate tax rates will send Congress looking for new sources of revenue. Employee benefit plans…look out.

Tax Reform: More Challenges for Employee Benefit Plans

Tax reform regarding employee benefit plans may come under attack by legislators.

401(k) Health Plans retirement plan limits tax expenditure

Tax breaks for employee benefit plans represent a significant loss of revenue for the federal government. In the movement to reduce corporate taxes – and offset reduced federal revenue from those tax cuts - employee benefit plans represent an attractive target for legislators.

Allen Steinberg

18.03.2017 12.39 CDT

The Republican health care proposal leaves many key provisions the ACA intact and Republican acceptance of these provisions may be the real legacy of the Affordable Care act.

The Legacy of Obamacare

In the future, when the day-to-day battles have faded, this may be the legacy of the Affordable Care Act...

Affordable Care Act Obamacare Repeal. TrumpRyanCare

It is too soon to predict the fate of the American Health Care Act (AHCA) or, as we call it, TrumpRyanCare. But, the AHCA as currently proposed retains many key provisions of the Affordable Care Act. The apparent willingness of Republicans to retain these provisions represents a significant statement about the lasting effects of Obamacare.