A new area of potential liability for employers was recently opened when a class-action suit was filed against Johnson & Johnson (J&J), accusing it of mismanaging its pharmacy benefit manager plan, resulting in the health plan and its enrollees overspending...
Telemedicine
The Risk Report – March 2024
Download Volume 6, Issue 3 of The Risk Report In this Edition: Three Trends Driving Employers’ Health Care Costs Spread the Word About Additional HSA Contributions Workers Sue Employer Over PBM Contract That ‘Overcharged’ Errors That Can Make Businesses Overpay for...
Spread the Word About Additional HSA Contributions
If you have staff with health savings accounts (HSA), they still have until April 15 to make additional contributions to their accounts if they want to reduce their tax bills for last year. HSA Contribution Limits for 2023 HSAs allow your employees to put away funds...
Voluntary Benefits Improve Employee Satisfaction and Retention
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...
Plan Terms – and Their Various Definitions
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...
Reflections on the Recent Johnson & Johnson Lawsuit
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...
Protect Your Workers’ Eyesight with Proper Design, Vision Benefits
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...
The Beacon – February 12, 2024
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...
Mark Cuban: CEOs Don’t Know Where Their Health Benefit Dollars Are Going
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...
The Risk Report – February 2024
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...
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Total Control Health Plans
(616) 344-6606
148 S River Ave Ste 300, Holland, MI 49423
Total Control Health Plans
(616) 344-6606
148 S River Ave Ste 300, Holland, MI 49423