AM Best recognizes Providence

On July 23, 2013 the AM Best company notified Providence: "We are pleased to have qualified your firm's outstanding credentials for our on-line and print Directories."  AM Best now recognizes Providence as an Expert Service Provider, one of less than 20 TPAs in the country that have qualified for this designation.

U.S. Healthcare Costs Trending Down


PwC, the accounting and consulting company, is projecting slower growth in healthcare costs again in 2014. In a recent study, PwC’s Health Research Institute (HRI), estimates medical costs will increase by 6.5% in 2014. However, when adjustments to benefit plan design, such as higher deductibles are made, the net projected growth rate drops to 4.5%.


Supreme Court Ruling

The United States Supreme Court (Court) has held that benefits offered under federal law to opposite-sex spouses must also be offered to same-sex spouses. The Court’s decision in United States v. Windsor (Windsor) may have a major impact on employers including self-insured employers in some, but not all states. 


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