While most business owners and executives have been fretting about the COVID-19 pandemic and the effects on the economy and the survival of their business, now is a good time to conduct a review of group health plans in light of changes and new rules for 2021. Here...
Chapter 10 of Not Rocket Surgery: Brokers Haven’t Influenced Price According to the 2016 Society for Human Resources Management (SHRM) Strategic Benefits: Health Care survey, 66% of employers are very concerned about controlling healthcare costs, while 31% are...
New guidance from the Trump administration absolves insurers of the responsibility of paying for COVID-19 tests that are required for workers who are returning to the job. The guidance, released by the departments of Health and Human Services, Labor and Treasury,...
Watching their group health plan premiums climb higher with each passing year, some employers start looking into alternative funding strategies in hopes they can get a better handle on their employees' health costs. While group plans are the standard, larger employers...
Employment practices and employee benefit-related lawsuits are on the rise - and employers have to be eternally vigilant when it comes to meeting their compliance obligations as plan sponsors. Take the case of Visteon, a global automotive industry supplier, which...
Total Control Health Plans hosted a webinar to introduce a direct contracting opportunity with Holland Hospital for lakeshore employers. In addition, Valerie Cramer with HealthBridge provided an overview of this new solution to...
Employers whose businesses continue to operate are obviously concerned about the coronavirus spreading through their worksites, so many have started testing their workers. Recent U.S. Equal Employment Opportunity Commission guidance authorized employers to conduct...
https://www.youtube.com/watch?v=cNJ4iFJiORw Rebuilding Public Trust in the Healthcare System | Marty Makary | TEDxBeaconStreetSalon Lack of transparency in healthcare costs, predatory hospital billing and collection practices, have created the greatest challenge to...
As the COVID-19 pandemic wears on, many employers have had to lay off or furlough staff due to a tremendous drop-off in business. Besides the loss of income they face, these workers will often also lose their employer-sponsored health insurance. With this in mind,...
A number of plan sponsors have made changes to their group health plans in response to the COVID-19 pandemic, such as covering testing and sometimes treatment without any cost-sharing by the plan enrollee. But any changes that are made must be followed up by amending...