Insurers are changing how they pay for cancer care, aiming to control soaring costs and push oncologist to adhere to standardized treatment guidelines. UnitedHealthcare, Cigna and Aetna are among the insurers experimenting with new payment methods.
The following are some quick tips that may help you lesson your exposure to a DOL audit: Maintain all documents related to welfare benefits plans in one location Designate one person at the company to take charge of the welfare benefits plans Review and understand all plan documents Make sure all ERISA-covered benefit plans comply with […]
March 31, 2014 On July 1, 2014, a limited list of medications & products will experience a drug classification change and may increase in cost. Due to a move from First DataBank to Medi-Span as the source for drug classification, these medications will have different indicators as a brand or generic drug, with a […]
The Obama administration announcd Wednesday March 5th that some Americans with health insurance policies that don’t meet standards set by the president’s new health law will be allowed to keep their plans into 2017, three years later than envisioned. The delay, which could put off the cancellation of some health plans until after […]
Employers with the equivalent of 50-99 full time employees, the Employer Shared Responsibility of the ACA, will not take effect until 2016. Employers with 100+ full time equivalent employees, offering coverage to 70% of their full time employees will be counted as fulfilling the Employer Shared Responsibility mandate in 2015. This is a transitional […]
Our Winter “For Your Benefit” flyer was sent our Friday, January 24, 2014. Along with the flyer we sent out a letter giving some information about our relationship with BenefitMall and the payroll services they offer. We hope you find the flyer enjoyable and informative and we wish you the best for the coming year.
By Victoria Calvaliere – Reuters New York – A federal judge has ruled that four organization with ties to the Roman Catholic Church are exempt from a provision of the Affordable Care Act that requires them to provide coverage for contraceptive services and counseling to their employees. Judge Brian Cogan in U.S. District Court […]
As part of health care reform vaccines are considered a Preventive Service. For health care reform compliant plans, member will have no cost share for Preventive Services. Flu Pneumonia Shingles IMPORTANT: Until a group or member moves into a health care reform compliant plan, coverage for vaccines will continue to process under the Wellness benefit […]
The Obama Administration announced on Tuesday, July 3, 2013 that it will postpone the requirement that employers with 50 or more full-time employees provide health insurance to such employees or face significant monetary penalties. The posponement, which pushed the employer mandate back to January 1, 2015, is designed to “provide time to adapt health coverage and reporting […]
The Internal Revenue Service (IRS) has announced the 2014 contribution limits, deductible minimums and out-of-pocket maximums for health savings accounts (HSAs) and high-deductible health plans (HDHPs). An HDHP must have a deductible of at least $1,250 for indivdual coberage and at least $2,500 for family coverage (including a minimum $2,500 embedded individual deductible under family […]