Pandemic Clouds Health Insurance Cost Predictions
With large employers expecting health insurance rates to climb 5.3% in 2021, they are concerned about how the COVID-19 pandemic will affect overall health care costs in the coming years, […]
Trump Issues Executive Orders to Reduce Drug Costs
President Trump has issued executive orders aimed at reducing the cost of medications by tying Medicare payment for outpatient drugs to international prices, passing drug-maker rebates to patients and not […]
Preparing for Open Enrollment During the Pandemic
With the coronavirus showing no signs of slowing, health insurance is likely top of mind for your employees. Many of them will be anxious and it’s likely that they will […]
A Primer on Changes to 2021 Group Health Plans
While most business owners and executives have been fretting about the COVID-19 pandemic and the effects on the economy and the survival of their business, now is a good time […]
Insurers Don’t Have to Pay for Testing Returning Workers: HHS
New guidance from the Trump administration absolves insurers of the responsibility of paying for COVID-19 tests that are required for workers who are returning to the job. The guidance, released […]
Alternative Group Plan Funding Gets a Second Look
Watching their group health plan premiums climb higher with each passing year, some employers start looking into alternative funding strategies in hopes they can get a better handle on their […]
Protecting Your Firm from Employee Benefit Lawsuits
Employment practices and employee benefit-related lawsuits are on the rise – and employers have to be eternally vigilant when it comes to meeting their compliance obligations as plan sponsors. Take […]
Testing Workers for COVID-19 Raises Privacy, Discrimination Issues
Employers whose businesses continue to operate are obviously concerned about the coronavirus spreading through their worksites, so many have started testing their workers. Recent U.S. Equal Employment Opportunity Commission guidance […]
How to Handle Group Health Coverage for Laid-off, Furloughed Staff
As the COVID-19 pandemic wears on, many employers have had to lay off or furlough staff due to a tremendous drop-off in business. Besides the loss of income they face, […]
COVID-19 Changes to Health Plans Must Be Documented, Circulated
A number of plan sponsors have made changes to their group health plans in response to the COVID-19 pandemic, such as covering testing and sometimes treatment without any cost-sharing by […]
