One often overlooked cost driver to your employee benefits plans is administrative errors and oversights that are the result of sloppy record-keeping and a lack of checks and balances among your account and human resources teams. If you are not diligent in keeping up...
A recent study has found that employers who offer health insurance coverage to their staff had an average return on investment (ROI) of 47%, meaning that for every $1 an employer spends, it will receive $1.47 in benefits. The analysis by Avalare, a wellness plan...
The Equal Employment Opportunity Commission has published a Pregnant Workers Fairness Act final rule that will give new protections akin to disability accommodation under the Americans with Disabilities Act to pregnant workers and those who have recently given birth....
When you look at the dental options for your employer-sponsored health plan, or if you're just looking at the options available on the market, you may encounter the acronyms DMO and PPO (also known as a PDN), as well as indemnity plan, in the marketing literature....
If you've noticed a lot of employees asking for time off for a "mental health day," you aren't alone. A recent study found that the number of mental health leave-of-absence requests has grown by a third since the COVID-19 pandemic. And, data from ComPsych, a provider...
Chronic conditions and overall poor health are a key cost-driver of health care costs, which is hitting the pocketbooks of both individuals and employers. There are a number of factors that are driving this, including poor lifestyle choices, poor diets, lack of...
MZQ Beacon Alert - April 29, 2024 In this Edition: "The Consolidated Appropriations Act of 2021 established a new data collection requirement for employers ofall sizes and funding structures, where such entities must now submit annual prescription drug data...
Download Volume 6, Issue 4 of The Risk Report In this Edition: Study Pegs Group Benefits Return on Investment at 47% Employee Mental Health Leave Requests Skyrocket New Rules on Short-Term Health Plans Dental Insurance: DMOs versus PPOs Download the...
The Biden administration has rolled back regulations that allow Americans to stay on short-term health insurance plans for up to three years while still satisfying the Affordable Care Act's individual mandate. The new rules will limit these controversial plans to no...
If you’ve ever explored self-funded health plans, you may have heard of “captives”, but you might not fully understand how they function or what they do. To help shed some light on this topic, TCHP founder Mike Hill highlights the benefits and risks of a captive, as...