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 […]
CMS Approves Medicare Coverage of ‘Breakthrough’ Medical Devices
The Centers for Medicare and Medicaid Services has issued new rules that require Medicare to cover medical devices that the Food and Drug Administration designates as “breakthrough” technology. The rule […]
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 […]
Trimming Hours to Avoid Employer Mandate Can Land You in Hot Water
Ever since the Affordable Care Act was enacted, critics of the law have said that employers would cut staff or reduce workers’ hours to avoid coming under the employer mandate […]
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 […]
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 […]
Demand for Voluntary Group Benefits Grows During Pandemic
As the COVID-19 pandemic drags on and many Americans see unmet needs outside of their health insurance, more and more workers are increasingly signing up for the voluntary benefits their […]
COVID-19 Relief Bill Extends Unemployment Benefits, PPP and More
The $900 billion COVID-19 relief bill, passed by Congress and signed into law on Dec. 27, includes a number of provisions that affect employers and their workers in terms of […]
Leveraging HSAs to Help Your Staff Manage Health Care Costs
With the COVID-19 pandemic weighing on employers and employees alike, businesses can help their staff by leveraging health savings accounts to pay for out-of-pocket expenses. Congress in 2020 untethered HSAs […]
New Law Bans Surprise Billing
Part of the COVID-19 relief package that Congress passed in late December includes a notable provision that bans surprise medical bills when out-of-network doctors work on insureds at in-network hospitals. […]
