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The Risk Report – March 2021

The Risk Report – March 2021

Download Volume 3, Issue 3 of The Risk Report In this Edition: The Top Five Health Conditions Driving Insurance CostsInsurers No Longer Required to Send 1095-B Forms to WorkersEAPs to the Rescue During Troubling TimesHigher Health Plan Cost-Sharing Limits Proposed for...

The Top Five Health Conditions Driving Insurance Costs

The Top Five Health Conditions Driving Insurance Costs

A new study has identified the top five health conditions that are driving the overall cost of group health plan outlays, and without which spending would actually be falling. The report is enlightening, and employers can use the findings to offer programs aimed at...

Generics and Biosimilars the Key to Reducing Drug Spending

Generics and Biosimilars the Key to Reducing Drug Spending

The soaring cost of new prescription drugs is becoming a major driver in overall health insurance price increases, and some of those drugs are so expensive that they are out of reach for the average patient. When people can't afford the drugs their doctor prescribes...

EEOC Issues New COVID-19 Vaccination Guidelines for Employers

EEOC Issues New COVID-19 Vaccination Guidelines for Employers

The Equal Employment Opportunity Commission has affirmed that employers can mandate COVID-19 vaccines for employees, subject to some limitations. The EEOC’s updated guidance offers direction regarding employer-mandated vaccinations, accommodations for employees who...

The Risk Report – February 2021

The Risk Report – February 2021

Download Volume 3, Issue 2 of The Risk Report In this Edition: Consolidated Appropriations Act: How New Law Affects Group Health PlansEEOC Rules: New Employer Vaccination Guidelines IssuedCompliance: Changes for 2021 Summary of BenefitsHealth Care Savings: Generics,...

How a New Law Affects Group Health Plans

How a New Law Affects Group Health Plans

The newly enacted Consolidated Appropriations Act, 2021 contains a number of provisions that will affect group health plans, with most changes aimed at helping insured workers with flexible spending accounts (FSAs), cost transparency and surprise billing. Some of the...

Changes for 2021 Summary of Benefits and Coverage

Changes for 2021 Summary of Benefits and Coverage

There are new Summary of Benefits and Coverage notice requirements for health plans starting with the 2021 coverage year. The requirements, released by the Department of Labor, have new model templates, new instructions and new information that affects the coverage...