Since billionaire businessman Mark Cuban entered the health care space with Cost Plus Drug Co., which he launched in May 2020, he has gotten a new perspective on the value that most CEOs place on their group health insurance benefits. And what he has found is a lot of...
Download Volume 6, Issue 2 of The Risk Report In this Edition: New Rule Aims to Expedite Prior Authorization Requests New Platforms Help Employees Navigate Their Benefits Critical Illness Insurance Provides Vital Protection to Employees ‘CEOs Don’t Know Where Their...
As health insurance and health care costs continue climbing, some employers are taking new and innovative steps to tamp down costs for themselves and their covered employees while not sacrificing the quality of care they receive. Some of the strategies require a...
The Centers for Medicare and Medicaid Services has published a final rule aimed at improving how prior authorizations are handled by health insurers. The measure primarily limits the time insurers have to approve or deny requests. In addressing wait times for prior...
When looking at messaging and marketing coming from both healthcare providers and health insurance carriers, we see the term “high-quality care” a lot. The problem with this phrase is that it doesn’t seem to mean the same thing across all providers, so determining...
The Equal Employment Opportunity Commission continues seeing a steady flow of complaints for one of the more common forms of workplace bias — age discrimination. The number of court filings the EEOC made under the Age Discrimination in Employment Act (ADEA) in fiscal...
Download Volume 6, Issue 1 of The Risk Report In this Edition: More Employers Offering Mental Health Chatbots Getting Around the Tricky Question of Spousal Coverage Age Discrimination Cases Up; Set Strong Policies Download the Report
Despite group health plan inflation increasing again in 2024, a new study has found that employers continue staying the course in not shifting costs to employees who may already be overstretched by inflation and medical bills. Instead, 64% of employers say they are...
As a record amount of U.S. workers struggle with mental health issues and stress, more employers are offering new chatbot apps to help them. A survey this past summer of 457 employers by Willis Towers Watson found that 24% of them offer a "digital therapeutic" for...
The Equal Employment Opportunity Commission has issued proposed language to update its guidance on harassment in the workplace. The proposed guidance "reflects notable changes in law, including the Supreme Court's 2020 decision in Bostock vs. Clayton...