As the economy continues roaring, the market for top talent stays exceedingly competitive. Multiple studies have consistently shown that a robust set of employee benefits is a vital component of an overall compensation package. But it's tough for smaller companies to...
In early February 2024, news broke of a proposed class action lawsuit against Johnson and Johnson for breach of their fiduciary duty under ERISA, also known as the Employee Retirement Income and Security Act. The plaintiff is suing J&J and their health plan...
For those of us in the employee benefits world, quite a bombshell was dropped on Monday, February 5th when a class action lawsuit was proposed against Johnson and Johnson, and specific executives, for breach of fiduciary duty under the Employee Retirement Income and...
One of the by-products of the digital revolution – with most people staring many hours each day at tablets, smart phones and computers – is eye strain. According to The Vision Council, the average U.S. adult spends more than two hours a day looking at electronic...
MZQ Beacon Alert - February 12, 2024 In this Edition: "Last week, an event occurred that many members of the compliance and benefits world have been waiting for: a major corporation, Johnson and Johnson (J&J), had a complaint filed against them. " Download the...
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...
MZQ Beacon Alert - January 31, 2024 In this Edition: "Amid reports that many health insurance plans continue to impose barriers to contraceptive coverage, The Department of Labor, Health and Human Services, and Treasury (collectively, The Departments) have issued...
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...